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Houlihan Lokey stock hits all-time high of $175.53

Published 01/11/2024, 14:48
HLI
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In a remarkable display of market confidence, Houlihan Lokey (NYSE:HLI) Inc's stock soared to an all-time high, reaching a price level of $175.53. This peak punctuates a period of robust growth for the global investment bank, which has seen its stock value surge by an impressive 67.79% over the past year. Investors have rallied around the firm's strong financial performance and strategic acquisitions, propelling the stock to unprecedented heights and setting a new benchmark for the company's market valuation.

In other recent news, investment bank Houlihan Lokey reported substantial increases in revenue and adjusted earnings per share in its Q2 earnings for fiscal year 2025. The firm's revenues rose to $575 million, marking a 23% year-over-year increase, while adjusted earnings per share grew by 32% to $1.46. The performance was attributed to revenue growth across all businesses, particularly in corporate finance.

Houlihan Lokey's management noted favorable momentum within its mergers and acquisitions (M&A), capital markets advisory, and financial valuation and advisory (FVA) businesses. The firm has also been active in acquisitions, with three bolt-on acquisitions announced over the last twelve months, two of which have closed.

Seaport Global Securities maintained a Neutral rating on Houlihan Lokey, citing an increase in FY2025E/FY2026E EPS predictions. The firm's robust performance was attributed to a favorable M&A environment and increased demand for market-neutral services. Despite macroeconomic challenges, Houlihan Lokey remains optimistic about the second half of fiscal 2025 and anticipates ongoing strength in restructuring activities.

InvestingPro Insights

Houlihan Lokey's recent stock performance aligns with several key metrics and insights from InvestingPro. The company's market capitalization stands at an impressive $12.17 billion, reflecting its strong position in the investment banking sector. InvestingPro data shows that Houlihan Lokey has delivered a stellar 72.38% total return over the past year, corroborating the article's mention of a 67.79% surge.

The firm's financial health is further underscored by its robust revenue growth of 18.83% over the last twelve months, with quarterly revenue growth reaching 23.13%. This growth trajectory supports the market's optimistic outlook on the company. Additionally, Houlihan Lokey boasts a high gross profit margin of 93.71%, indicating efficient operations and strong pricing power in its services.

InvestingPro Tips highlight that Houlihan Lokey has raised its dividend for 10 consecutive years, demonstrating a commitment to shareholder returns. The company is also trading near its 52-week high, with its current price at 98.61% of the 52-week peak, reflecting the strong investor confidence mentioned in the article.

For investors seeking more comprehensive analysis, InvestingPro offers 13 additional tips for Houlihan Lokey, providing deeper insights into the company's financial health and market position.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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