U.S. markets closed

Houghton Mifflin Harcourt Company (HMHC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
9.45+0.19 (+2.05%)
At close: 4:00PM EDT
Sign in to post a message.
  • J
    James
    this is going to rocket
  • N
    Nicole
    selling HMH Books & Media, its consumer book publishing division, to News Corp (NASDAQ: NWS) for $349 million in cash.
  • T
    Thomas
    Love it been in since 1.72 got out and back in again. Holding forever
    Bullish
  • D
    David
    So much potential upside here. ~$150m of SaaS revenue growing ~150% YoY. If this software growth continues and HMHC gets re-rated as a education software company, could easily see this as a $3-5+ billion market cap company. Hundreds of billions in stimulus for K-12 schools also a huge tailwind. The Street is still asleep on this story, sell-side coverage doesn't even mention HMHC's increasing software revenue base.
    Bullish
  • T
    Tom
    Boy ole boy.....the Board at HMH just keeps selling their shares. Just waited again for it to pop'....relatively from $4 to $6.50 and then report earnings,...and then they dumped more of their shares. They see it......it's a year away or so still....but....we all see it.......
  • R
    Ryan
    Bullish as well. June 24th is a date to watch. Publishing “The Nature of Middle Earth” will be a big deal. Average of $2.08 here and not selling below $10.
    Bullish
  • N
    NutintheHut
    I spend most of Saturday analyzing HMHC's and LRN's 2019 10-Ks and here are my takeaways:1. HMHC's and LRN's 2019 financials are similar except for the following: A. HMHC has significantly larger Net Sales and larger Gross Profits, but LRN's Sales and Admin costs are less than half of HMHC's. B. HMHC's EBITDA is $50 million more than LRN's C. HMHC has way more #$%$ets but way more liabilities, but their shareholder's equity are roughly equal. Getting rid of the $638 million of long-term debt makes HMHC's balance sheet way better; it's got a lot more depth, but I'm not sure what's up with all the Deferred Revenue. 2. HMHC's Long-Term Debt can be eliminated if they can increase Net Sales by 5% while holding Cost of Sales constant, while decreasing Selling and Admin Expense by 15%, because it would increase annual cashflows from operating activities by $169 million. 3. With the Long Term Debt eliminated, HMHC could eek out a small Gain from Continuing Operations, with positive Cashflows from Operations almost doubling to $473 million and Free Cash Flow up to $333 million. 4. With the elimination of the Long-Term Debt, HMHC will have a better balance sheet and better cashflows than LRN, but not better GAAP Net Income, due to all the Depreciation and Amortization that HMHC expenses.5. Given the above, I think that HMHC market cap can achieve near parity with LRN, which currently has a market cap of $1.91 billion (5.4394 times HMHC's current market cap). If we equalize HMHC's and LRN's market cap, HMHC's stock price would be $15.25, which I think can be the top of HMHC's potential target price range over the next 3-5 years. I think the current price of about $3 is undervalued, but HMHC management has it's work cut out for them.
    Bullish
  • E
    Eleanor
    "The company is launching a product called Teacher's Corner. This online experience will provide educators tools to improve their skills. It includes video series from other teachers, live coaching events, and a place for educators to connect with one another."
    Bullish
  • N
    NutintheHut
    41M students assigned to their online program called Ed as of June 2020. HMH Anywhere charges a $50 annual fee per student that includes teacher licenses for free and Teacher's Corner also included for free. $50 x 41M students = $2B of subscription fees per year for HMH Anywhere and Teacher's Corner. LRN's annual revenue is a little over $1B, their market cap is $1.73B. HMHC's market cap is $284M. If you equalize their market caps with the $2B of potential revenue from HMH Anywhere, then HMHC's share price would be $13.77.

    Keep in mind they also have the HMH Books and Media business that avg $200M in annual revenues.

    HMHC are cutting their entire workforce by 18% this quarter.
    Bullish
  • j
    james
    Why is there so little communication on this board? They have been cutting back cost, going to online, virtual, still selling books, and have cash flow, cash on hand. This should at least be $6+
    Bullish
  • S
    Seth
    This new product they are offering seems to be the real deal. I don't think it is life changing tech like Zoom, but could make some good traction with schools. Definitely a chance for the company to increase growth. Even if sales stay stable, they should get back to their pre-covid $6 share price. We may not spike to $20 to day, but $8 by end of 2020 is certainly quite plausible.
  • N
    NutintheHut
    Great conference call with BMO Capital regarding state of HMHC by CEO and CFO.

    HMHC has work relationship with 90% of public schools. HMH Anywhere needs just 18% market penetration this year to make $500 Million in subscription fees for 2020. If they increase HMH Anywhere prices by 5% each year and increase their subscription base by 5% each year as well, they will reach $1 Billion in revenue just from HMH Anywhere sales by 2026.

    https://bmo.qumucloud.com/view/2020-techsummit-houghtonmifflinharcourt#/
    Houghton Mifflin Harcourt (HMHC)
    Houghton Mifflin Harcourt (HMHC)
    bmo.qumucloud.com
  • L
    Leor B
    Columbus schools select HMHC for their online learning platform.
  • X
    Xemon
    #NAK undervalue and most talk today...buy nowbefore it will go up
  • W
    W
    Someone explain this... the average EPS expectation of $0.53 is about same as actual EPS from a year ago of $0.55. However, the stock price is right below 50% of the price from previous earning. Shouldn't this at least double over next few days especially with the planned digital growth?
  • d
    d
    Volume is increasing dramatically, significant interest is coming into this stock.
    Bullish
  • T
    Tom
    CEO just sold 6000 more shares at $1.27 this week. Think my thoughts are done now, on considering to BUY. The Board sold at ton at $4.00 they don't see a good outlook, so they sold me on the same. Moving on. Good Luck to you all in your trades. You too Marty.
  • J
    Jeffery
    HMHC is ONLINE education and has secret information about this in its website banners
    to me though this looks like a full online curriculum all the banners have Covid in the text and even the images.

    https://www.hmhco.com/learningsupport/educator-support

    Even a guide on mitigating Covid-19 learning loss. Even building resources for how schools can get relief funds.
    THIS IS BIG for this leader in education - at a minimum this chart alone should $2.40+
    Last week they Introduced Teacher's Corner, a First-of-its-Kind Online Professional Learning Environment that Empowers Educators in a Remote World

    https://finance.yahoo.com/news/houghton-mifflin-harcourt-introduces-teachers-153600128.html
    Information and resources to help you continue teaching and learning during school closures.
    Information and resources to help you continue teaching and learning during school closures.
    www.hmhco.com
  • A
    Adnan
    --Learning Company Houghton Mifflin Harcourt today introduced Teacher's Corner™, a brand new online space that supports continuous professional learning for educators. The global pandemic has ushered in a new connected era of education, and laid bare
    --Learning Company Houghton Mifflin Harcourt today introduced Teacher's Corner™, a brand new online space that supports continuous professional learning for educators. The global pandemic has ushered in a new connected era of education, and laid bare
    www.nasdaq.com