Morgan Stanley Maintains Equal-Weight on Hamilton Lane, Lowers Price Target to $101
Morgan Stanley analyst Michael Cyprys maintains Hamilton Lane (NASDAQ:HLNE) with a Equal-Weight and lowers the price target from $111 to $101.
Stocks That Hit 52-Week Lows On Tuesday
During Tuesday's trading, 505 companies set new 52-week lows.
Hamilton Lane’s Return On Capital Employed Insights
Pulled from Benzinga Pro data, Hamilton Lane (NASDAQ:HLNE) posted Q3 earnings of $80.20 million, an increase from Q2 of 5.45%. Sales dropped to $91.70 million, a 4.79% decrease between quarters.
Wells Fargo Initiates Coverage On Hamilton Lane with Equal-Weight Rating, Announces Price Target of $109
Wells Fargo analyst Finian O'Shea initiates coverage on Hamilton Lane (NASDAQ:HLNE) with a Equal-Weight rating and announces Price Target of $109.
Earnings Scheduled For November 2, 2021
Companies Reporting Before The Bell
• Thomson Reuters (NYSE:TRI) is expected to report quarterly earnings at $0.48 per share on revenue of $1.86 billion.
Morgan Stanley Maintains Equal-Weight on Hamilton Lane, Raises Price Target to $98
Morgan Stanley analyst Michael Cyprys maintains Hamilton Lane (NASDAQ:HLNE) with a Equal-Weight and raises the price target from $97 to $98.
Earnings Scheduled For August 3, 2021
Companies Reporting Before The Bell
• Myriad Genetics (NASDAQ:MYGN) is likely to report earnings for its fourth quarter.
• Stellantis (NYSE:STLA) is expected to report earnings for its second quarter.
Return On Capital Employed Overview: Hamilton Lane
Looking at Q4, Hamilton Lane (NASDAQ:HLNE) earned $45.86 million, a 7.36% increase from the preceding quarter. Hamilton Lane also posted a total of $102.88 million in sales, a 21.63% increase since Q3. In Q3, Hamilton Lane earned $42.72 million, whereas sales reached $84.58 million.
Earnings Scheduled For May 27, 2021
Companies Reporting Before The Bell
• Royal Bank of Canada (NYSE:RY) is likely to report quarterly earnings at $2.48 per share on revenue of $11.77 billion.