For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $150.68 in the prior trading day, Hamilton Lane Inc (NASDAQ: HLNE) closed at $150.07, down -0.40%. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 0.53 million shares were traded. HLNE stock price reached its highest trading level at $150.735 during the session, while it also had its lowest trading level at $148.76.
Ratios:
Our goal is to gain a better understanding of HLNE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.68. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on September 12, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $156.
On April 11, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight but kept the price unchanged to $115.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 27 ’24 when STEPHEN R BRENNAN bought 15,000 shares for $197.66 per share.
Delgado-Moreira Juan bought 525 shares of HLNE for $105,950 on Nov 11 ’24. The Co-Chief Executive Officer now owns 21,975 shares after completing the transaction at $201.81 per share. On Mar 07 ’24, another insider, Oakville Number 2 Trust, who serves as the 10% Owner of the company, sold 55,000 shares for $108.00 each. As a result, the insider received 5,940,000 and left with 480,015 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HLNE now has a Market Capitalization of 8319010816 and an Enterprise Value of 6583339008. As of this moment, Hamilton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.95, and their Forward P/E ratio for the next fiscal year is 28.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.76 while its Price-to-Book (P/B) ratio in mrq is 10.33. Its current Enterprise Value per Revenue stands at 10.149 whereas that against EBITDA is 21.856.
Stock Price History:
Over the past 52 weeks, HLNE has reached a high of $203.72, while it has fallen to a 52-week low of $103.42. The 50-Day Moving Average of the stock is -17.59%, while the 200-Day Moving Average is calculated to be 4.23%.
Shares Statistics:
The stock has traded on average 393.11K shares per day over the past 3-months and 800460 shares per day over the last 10 days, according to various share statistics. A total of 41.77M shares are outstanding, with a floating share count of 37.26M. Insiders hold about 10.79% of the company’s shares, while institutions hold 94.35% stake in the company. Shares short for HLNE as of 1732838400 were 1010623 with a Short Ratio of 2.57, compared to 1730332800 on 1211381. Therefore, it implies a Short% of Shares Outstanding of 1010623 and a Short% of Float of 2.56.
Dividends & Splits
In the trailing 12 months, HLNE’s forward annual dividend rate was 1.87, compared to 1.92 this year. Against a Trailing Annual Dividend Yield of 0.012410407The stock’s 5-year Average Dividend Yield is 1.69.
