HLI Stock Summary and Trading Ideas (Houlihan Lokey Class A | NYSE:HLI)

Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.

Houlihan Lokey Class A trades on the NYSE stock market under the symbol HLI.

As of April 19, 2024, HLI stock price climbed to $123.77 with 296,770 million shares trading.

HLI has a beta of 1.14, meaning it tends to be more sensitive to market movements. HLI has a correlation of 0.31 to the broad based SPY ETF.

HLI has a market cap of $8.56 billion. This is considered a Mid Cap stock.

Last quarter Houlihan Lokey Class A reported $511 million in Revenue and $1.22 earnings per share. This beat revenue expectation by $18 million and exceeded earnings estimates by $.08.

In the last 3 years, HLI stock traded as high as $133.80 and as low as $65.03.

The top ETF exchange traded funds that HLI belongs to (by Net Assets): VTI, IJH, VB, VXF, VBK.

HLI has outperformed the market in the last year with a return of +36.5%, while the SPY ETF gained +21.2%. In the last 3 month period, HLI beat the market returning +5.9%, while SPY returned +4.3%. However, in the most recent 2 weeks HLI has underperformed the stock market by returning -4.1%, while SPY returned -3.5%.

HLI support price is $120.59 and resistance is $124.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HLI stock will trade within this expected range on the day.