HMHC

Houghton Mifflin Harcourt Co

TMT, Consumer


Presented:03/17/2021
Price:$6.97
Cap:$0.88B
Current Price:$21.03
Cap:$2.61B

Presented

Date03/17/2021
Price$6.97
Market Cap$0.88B
Ent Value$0.92B
P/E RatioN/A
Book Value$0.72
Div Yield0%
Shares O/S126.12M
Ave Daily Vol1,875,041
Short Int6.17%

Current

Price$21.03
Market Cap$2.61B
Houghton Mifflin Harcourt Co. engages in the provision of pre-K-12 education solutions, delivering content, technology, services, and media. It operates through the following segments: Education and HMH Books & Media. The Education segment provides educational products, technology platforms and services. The HMH Books & Media segment primarily develops, markets and sells consumer books in print and digital formats and licenses book rights to other publishers and electronic businesses. The company was founded in 1832 and is headquartered in Boston, MA.

Publicly traded companies mentioned herein: Alphabet Inc (GOOGL), Apple Inc (AAPL), Amazon Inc (AMZN), Houghton Mifflin Harcourt Co (HMHC)

Highlights

The presenter is long shares of Houghton Mifflin Harcourt Co (HMHC), believing that investors are myopically focused on 2021 billings, while ignoring the potential for 2022 and the possibility for the company to raise guidance later this year. HMHC currently trades at ~$7/share and he believes it's worth somewhere in the mid-teens over the next 12 - 18 months, with levers that could potentially lead to a triple in share price. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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