Alert: Negative Investment/Fundamental Signals (4/3/24)-Harte Hanks Inc. (NASDAQ: HHS)

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Harte Hanks Inc. (NASDAQ: HHS) suffers from extremely meaningful negative changes in investment behavior: its shorter term price trend turned down, and the stock fell on very heavy volume.

Important negative changes in fundamentals have recently occurred for Harte Hanks Inc. (NASDAQ: HHS): the consensus estimate for December, 2024 decreased significantly, and significant quarterly earnings deceleration occurred.

The stock is currently unrated.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, HHS is expected to be a major Value Eraser.

Harte Hanks is currently unrated.

Recent Price Action

On 4/3/24, Harte Hanks Inc. (NASDAQ: HHS) stock declined modestly by -1.3%, closing at $6.99. Moreover, this decline was accompanied by exceptionally high trading volume at 300% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -5.4% during the last week.

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