On Tuesday, Hamilton Lane Inc (NASDAQ: HLNE) opened higher 2.15% from the last session, before settling in for the closing price of $158.00. Price fluctuations for HLNE have ranged from $103.42 to $203.72 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 17.68% annually for the last half of the decade. Company’s average yearly earnings per share was noted 23.40% at the time writing. With a float of $37.26 million, this company’s outstanding shares have now reached $41.77 million.
In an organization with 700 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 67.75%, operating margin of 48.78%, and the pretax margin is 51.09%.
Hamilton Lane Inc (HLNE) Insider Updates
A key investor’s attitude towards the stock of the Asset Management industry is another important factor to consider. The insider ownership of Hamilton Lane Inc is 10.79%, while institutional ownership is 96.72%. The most recent insider transaction that took place on Nov 27 ’24, was worth 2,964,834. Before that another transaction happened on Nov 11 ’24, when Company’s Co-Chief Executive Officer bought 525 for $201.81, making the entire transaction worth $105,950. This insider now owns 21,975 shares in total.
Hamilton Lane Inc (HLNE) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.43% during the next five years compared to 21.48% growth over the previous five years of trading.
Hamilton Lane Inc (NASDAQ: HLNE) Trading Performance Indicators
Check out the current performance indicators for Hamilton Lane Inc (HLNE). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.79. Likewise, its price to free cash flow for the trailing twelve months is 46.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.55, a number that is poised to hit 1.16 in the next quarter and is forecasted to reach 5.21 in one year’s time.
Technical Analysis of Hamilton Lane Inc (HLNE)
Let’s dig in a bit further. During the last 5-days, its volume was 0.45 million. That was better than the volume of 0.41 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 63.52%. Additionally, its Average True Range was 5.04.
During the past 100 days, Hamilton Lane Inc’s (HLNE) raw stochastic average was set at 37.30%, which indicates a significant decrease from 72.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.20% in the past 14 days, which was lower than the 30.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $164.58, while its 200-day Moving Average is $149.65. However, in the short run, Hamilton Lane Inc’s stock first resistance to watch stands at $167.16. Second resistance stands at $172.93. The third major resistance level sits at $177.77. If the price goes on to break the first support level at $156.55, it is likely to go to the next support level at $151.71. Assuming the price breaks the second support level, the third support level stands at $145.94.
Hamilton Lane Inc (NASDAQ: HLNE) Key Stats
There are currently 55,434K shares outstanding in the company with a market cap of 8.95 billion. Presently, the company’s annual sales total 553,840 K according to its annual income of 140,860 K. Last quarter, the company’s sales amounted to 150,000 K and its income totaled 54,980 K.
