HLI - Houlihan Lokey Inc Stock Price, Fair Value and News

135.96USD+0.60 (+0.44%)Market Closed

Market Summary

USD135.96+0.60

Market Closed

0.44%

HLI Stock Price

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HLI RSI Chart

HLI Valuation

Market Cap

8.7B

Price/Earnings (Trailing)

33.75

Price/Sales (Trailing)

4.75

EV/EBITDA

21.39

Price/Free Cashflow

32.64

HLI Price/Sales (Trailing)

HLI Profitability

EBT Margin

19.19%

Return on Equity

14.63%

Return on Assets

8.75%

Free Cashflow Yield

3.06%

HLI Fundamentals

HLI Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

11.97%

Rev. Growth (Qtr)

9.45%

HLI Earnings

Earnings (TTM)

258.9M

Earnings Growth (Yr)

12.29%

Earnings Growth (Qtr)

5.63%

Breaking Down HLI Revenue

Last 7 days

1.4%

Last 30 days

8.8%

Last 90 days

8.3%

Trailing 12 Months

53.3%

How does HLI drawdown profile look like?

HLI Financial Health

HLI Investor Care

Shares Dilution (1Y)

1.38%

Diluted EPS (TTM)

3.89

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	1.8B	1.8B	1.8B	1.8B
2022	2.3B	2.3B	2.3B	1.8B
2021	1.5B	1.7B	1.9B	2.3B
2020	1.2B	1.1B	1.1B	1.3B
2019	1.1B	1.1B	1.1B	1.1B
2018	1.1B	1.1B	1.1B	1.1B
2017	963.4M	965.9M	998.7M	1.0B
2016	693.8M	765.0M	848.8M	902.2M
2015	680.9M	685.6M	687.7M	696.6M
2014	592.5M	614.6M	636.7M	658.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Houlihan Lokey Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	crain christopher m	acquired	-	-	1,000	general counsel
Mar 01, 2024	crain christopher m	sold	-128,940	128	-1,000	general counsel
Dec 27, 2023	gold irwin	sold	-1,221,800	122	-10,000	executive chairman
Dec 27, 2023	gold irwin	acquired	-	-	10,000	executive chairman
Dec 19, 2023	crain christopher m	acquired	-	-	1,500	general counsel
Dec 19, 2023	crain christopher m	sold	-180,180	120	-1,500	general counsel
Dec 01, 2023	crain christopher m	sold	-107,170	107	-1,000	general counsel
Dec 01, 2023	crain christopher m	acquired	-	-	1,000	general counsel
Nov 30, 2023	alley j lindsey	sold	-1,074,800	107	-10,000	chief financial officer
Nov 30, 2023	alley j lindsey	acquired	-	-	10,000	chief financial officer

Which funds bought or sold HLI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	Hilton Capital Management, LLC	added	128	1,477,650	2,498,810	0.22%
May 10, 2024	PRINCIPAL SECURITIES, INC.	added	19.04	22,490	104,988	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	reduced	-8.28	-1,104,440	55,519,900	0.01%
May 10, 2024	BlackRock Inc.	reduced	-6.26	1,378,920	638,022,000	0.01%
May 10, 2024	Covestor Ltd	reduced	-3.58	3,000	114,000	0.07%
May 10, 2024	CITIGROUP INC	reduced	-19.56	-252,499	1,550,590	-%
May 10, 2024	Argent Trust Co	new	-	205,874	205,874	0.01%
May 10, 2024	LPL Financial LLC	added	16.86	1,090,970	5,467,840	-%
May 10, 2024	Cannell & Spears LLC	new	-	1,569,690	1,569,690	0.03%
May 10, 2024	Wealth Alliance	reduced	-10.09	-16,578	409,898	0.05%

Are Funds Buying or Selling HLI?

Are funds buying HLI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HLI

No. of Funds

Unveiling Houlihan Lokey Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 03, 2024	hl voting trust	25.1%	17,590,406	SC 13D/A
Feb 14, 2024	alliancebernstein l.p.	1.6%	834,811	SC 13G/A
Feb 13, 2024	vanguard group inc	9.80%	5,074,040	SC 13G/A
Feb 13, 2024	kayne anderson rudnick investment management llc	5.38%	2,785,813	SC 13G/A
Feb 12, 2024	earnest partners llc	6.2%	3,230,161	SC 13G/A
Jan 08, 2024	blackrock inc.	10.3%	5,309,155	SC 13G/A
Oct 17, 2023	hl voting trust	26.1%	18,265,524	SC 13D/A
Mar 23, 2023	hl voting trust	27.4%	19,133,592	SC 13D/A
Feb 14, 2023	alliancebernstein l.p.	5.7%	2,845,604	SC 13G
Feb 14, 2023	earnest partners llc	7.3%	3,654,922	SC 13G/A

Recent SEC filings of Houlihan Lokey Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	8-K	Current Report
Apr 30, 2024	8-K	Current Report
Apr 30, 2024	424B7	Prospectus Filed
Apr 03, 2024	SC 13D/A	13D - Major Acquisition
Mar 04, 2024	8-K	Current Report
Mar 01, 2024	4	Insider Trading
Mar 01, 2024	144	Notice of Insider Sale Intent
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Houlihan Lokey Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	146.3B	67.8B	16.49%	42.00%	15.54	2.16	66.36%	-10.82%
ICE	76.7B	9.7B	0.16%	23.18%	30.94	7.89	0.75%	71.75%
CME	75.4B	5.7B	0.21%	13.51%	23.38	13.31	-1.46%	19.89%
COIN	48.4B	4.0B	-18.82%	247.94%	35.88	12.19	41.89%	159.36%
FDS	16.8B	2.2B	3.29%	10.52%	34.3	7.79	7.26%	9.28%
IBKR	12.9B	6.1B	8.93%	58.70%	4.43	2.12	64.44%	33.59%
MID-CAP
JEF	9.8B	8.2B	10.07%	55.39%	33.71	1.19	17.04%	-68.59%
HLI	8.7B	1.8B	8.77%	53.33%	33.75	4.75	0.16%	-0.33%
EVR	7.5B	2.5B	2.57%	84.83%	29.21	3.07	-6.73%	-35.85%
FRHC	4.1B	1.4B	3.03%	-14.01%	12.32	2.95	96.15%	398.80%
CLSK	3.5B	283.6M	4.71%	263.32%	55.76	12.49	122.34%	153.34%
SMALL-CAP
DFIN	1.8B	802.0M	-0.45%	40.45%	18.19	2.26	-2.34%	8.49%
AMRK	849.9M	10.3B	-8.66%	-0.51%	10.67	0.08	24.66%	-47.53%
COHN	17.4M	92.7M	33.88%	37.91%	2.81	0.19	72.05%	185.64%
AAMC	7.8M	3.2M	-19.00%	-96.01%	-0.24	2.48	-44.67%	-104.26%

Houlihan Lokey Inc News

Latest updates

Houlihan Lokey Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	9.5%	511	467	416	445	456	490	419	471	889	537	373	501	538	276	211	303	334	273	250	291	298
Operating Expenses	10.1%	415	377	342	354	372	400	341	373	640	380	265	360	379	209	169	234	265	228	203	231	236
EBITDA Margin	-0.1%	0.21*	0.21*	0.21*	0.21*	0.22*	0.26*	0.27*	0.29*	0.30*	0.30*	0.29*	0.28*	0.27*	0.24*	0.22*	0.22*	0.21*	0.21*	0.22*	0.22*	0.22*
Interest Expenses	25.3%	0.00	0.00	0.00	3.00	1.00	2.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income Taxes	19.7%	32.00	27.00	15.00	21.00	21.00	24.00	5.00	26.00	75.00	44.00	22.00	40.00	40.00	18.00	-2.35	12.00	20.00	13.00	7.00	9.00	19.00
Earnings Before Taxes	9.6%	103	94.00	76.00	80.00	84.00	84.00	76.00	91.00	249	156	108	140	159	67.00	44.00	71.00	69.00	46.00	49.00	62.00	63.00
EBT Margin	2.5%	0.19*	0.19*	0.18*	0.18*	0.18*	0.22*	0.25*	0.27*	0.28*	0.29*	0.28*	0.27*	0.26*	0.22*	0.21*	0.20*	0.20*	0.20*	0.21*	0.21*	0.21*
Net Income	5.6%	71.00	67.00	61.00	60.00	63.00	61.00	71.00	65.00	174	113	86.00	99.00	119	49.00	46.00	59.00	49.00	33.00	43.00	45.00	44.00
Net Income Margin	0.0%	0.14*	0.14*	0.14*	0.14*	0.14*	0.16*	0.18*	0.19*	0.21*	0.21*	0.21*	0.21*	0.21*	0.18*	0.17*	0.16*	0.15*	0.15*	0.15*	0.15*	0.14*
Free Cashflow	-24.2%	85.00	113	-149	219	77.00	72.00	-282	63.00	547	209	-91.50	270	304	111	-118	173	95.00	116	-116	130	75.00

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	6.4%	2,959	2,782	2,707	2,969	2,672	2,510	2,436	2,887	3,046	2,357	2,149	2,426	2,120	1,836	1,699	1,677	1,539	1,448	1,393	1,426	1,260
Cash Equivalents	12.5%	556	494	456	714	550	504	489	834	1,059	923	783	847	634	422	423	381	277	221	212	286	257
Net PPE	9.5%	131	119	101	88.00	76.00	62.00	53.00	52.00	52.00	43.00	45.00	46.00	46.00	44.00	43.00	42.00	42.00	41.00	36.00	31.00	31.00
Goodwill	3.9%	1,129	1,086	1,091	1,088	1,061	393	394	1,070	404	394	-	671	-	-	-	-	-	-	-	-	-
Liabilities	4.8%	1,190	1,135	1,092	1,356	1,131	1,064	1,018	1,443	1,516	919	764	1,043	766	585	489	693	592	556	500	535	410
Shareholder's Equity	177.1%	1,769	638	1,615	1,613	602	981	955	922	1,529	742	657	1,384	523	880	849	984	636	311	631	645	635
Retained Earnings	3.1%	1,121	1,087	1,059	1,033	1,008	981	955	922	887	742	657	600	523	428	401	377	340	311	299	276	249
Additional Paid-In Capital	10.0%	702	638	616	643	602	560	528	565	669	721	746	804	851	880	849	650	636	635	631	645	635
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43.00	43.00
Shares Outstanding	-0.5%	64.00	65.00	64.00	63.00	63.00	63.00	63.00	65.00	65.00	65.00	66.00	66.00	66.00	65.00	64.00	62.00	62.00	62.00	62.00	62.00	62.00
Float	-	-	-	-	-	-	3,750	-	-	-	4,690	-	-	-	-	3,041	-	-	1,871	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-25.7%	101	136	-133	238	91.00	85.00	-278	64.00	552	210	-90.09	273	309	114	-115	177	98.00	122	-109	132	76.00
Share Based Compensation	2.9%	44.00	43.00	39.00	34.00	41.00	41.00	41.00	19.00	19.00	19.00	34.00	16.00	13.00	17.00	17.00	17.00	17.00	18.00	13.00	11.00	14.00
Cashflow From Investing	-10.3%	-22.74	-20.61	-12.36	-39.46	-17.01	-14.74	68.00	-127	-311	6.00	159	22.00	-60.89	-70.41	9.00	-48.05	-19.97	-58.61	93.00	-87.68	-14.87
Cashflow From Financing	47.4%	-35.60	-67.68	-111	-32.62	-38.90	-45.27	-123	-149	-102	-73.78	-133	-84.00	-42.61	-45.49	145	-20.87	-25.56	-48.95	-56.75	-17.25	-33.51
Dividend Payments	0.3%	36.00	35.00	42.00	32.00	34.00	33.00	40.00	27.00	28.00	28.00	31.00	22.00	22.00	22.00	26.00	20.00	19.00	19.00	23.00	17.00	17.00
Buy Backs	-100.0%	-	25.00	-	-0.43	0.00	8.00	41.00	122	70.00	45.00	67.00	60.00	19.00	23.00	-	4.00	0.00	21.00	3.00	115	0.00

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HLI Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenues	$ 511,130	$ 456,499	$ 1,393,948	$ 1,364,680
Operating expenses:
Employee compensation and benefits	324,039	289,348	884,064	864,942
Travel, meals, and entertainment	17,325	14,271	47,494	37,691
Rent	19,002	12,852	55,418	37,927
Depreciation and amortization	6,657	13,256	20,275	51,874
Information technology and communications	15,443	14,751	43,319	38,924
Professional fees	14,853	7,795	35,269	23,862
Other operating expenses	17,271	20,053	47,945	58,346
Total operating expenses	414,590	372,326	1,133,784	1,113,566
Operating income	96,540	84,173	260,164	251,114
Other (income)/expense, net	(6,035)	563	(12,336)	7,416
Income before provision for income taxes	102,575	83,610	272,500	243,698
Provision for income taxes	31,772	20,559	73,276	49,135
Net income	70,803	63,051	199,224	194,563
Other comprehensive income, net of tax:
Foreign currency translation adjustments	25,574	24,204	8,665	(26,659)
Comprehensive income attributable to Houlihan Lokey, Inc.	$ 96,377	$ 87,255	$ 207,889	$ 167,904
Weighted average shares of common stock outstanding:
Basic (in shares)	64,411,668	63,381,024	64,258,216	63,360,741
Fully Diluted (in shares)	67,886,301	69,725,692	67,896,302	69,453,588
Earnings per share (Note 13)
Basic (in dollars per share)	$ 1.10	$ 0.99	$ 3.10	$ 3.07
Fully Diluted (in dollars per share)	$ 1.04	$ 0.90	$ 2.93	$ 2.80

HLI Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Mar. 31, 2023
Assets
Cash and cash equivalents	$ 555,532	$ 714,439
Restricted cash	373	373
Investment securities	35,367	37,309
Accounts receivable, net of allowance for credit losses of $9,317 and $8,773, respectively	152,755	182,029
Unbilled work in progress, net of allowance for credit losses of $9,941 and $5,622, respectively	174,178	115,045
Income taxes receivable	32,898	17,693
Deferred income taxes	103,472	104,941
Property and equipment, net	130,696	88,345
Operating lease right-of-use assets	356,595	333,877
Goodwill	1,128,610	1,087,784
Other intangible assets, net	199,941	203,370
Other assets	88,491	83,609
Total assets	2,958,908	2,968,814
Liabilities:
Accrued salaries and bonuses	575,088	765,877
Accounts payable and accrued expenses	100,319	113,421
Deferred income	41,014	40,695
Deferred income taxes	3,269	544
Operating lease liabilities	420,107	374,869
Other liabilities	49,808	60,111
Total liabilities	1,189,605	1,355,517
Stockholders' equity:
Additional paid-in capital	701,996	642,970
Retained earnings	1,121,387	1,033,072
Accumulated other comprehensive loss	(54,149)	(62,814)
Total stockholders' equity	1,769,303	1,613,297
Total liabilities and stockholders' equity	2,958,908	2,968,814
Common Class A
Stockholders' equity:
Common stock	52	51
Common Class B
Stockholders' equity:
Common stock	$ 17	$ 18

About Houlihan Lokey Inc

Houlihan Lokey, Inc., an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory. The Corporate Finance segment offers general financial advisory services; and advises public and private institutions on buy-side and sell-side transactions, leveraged loans, private mezzanine debt, high-yield debt, initial public offerings, follow-ons, convertibles, equity private placements, private equity, and liability management transactions, as well as advise financial sponsors on various transactions. The Financial Restructuring segment advises debtors, creditors, and other parties-in-interest related to recapitalization/deleveraging transactions. It also provides a range of advisory services, including structuring, negotiation, and confirmation of plans of reorganization; structuring and analysis of exchange offers; corporate viability assessment; dispute resolution and expert testimony; and procuring debtor-in-possession financing. The Financial and Valuation Advisory segment offers valuations of various assets, such as companies, illiquid debt and equity securities, and intellectual property. It also provides fairness opinions in connection with M&A and other transactions, solvency opinions in connection with corporate spin-offs and dividend recapitalizations, and other types of financial opinions. In addition, this segment offers dispute resolution services. It serves corporations, financial sponsors, and government agencies. The company was incorporated in 1972 and is headquartered in Los Angeles, California.

CEO	Mr. Scott Lee Beiser
WEBSITE	https://hl.com
INDUSTRY	Mortgage Finance
EMPLOYEES	2610

Houlihan Lokey Inc Frequently Asked Questions

What is the ticker symbol for Houlihan Lokey Inc? What does HLI stand for in stocks?

HLI is the stock ticker symbol of Houlihan Lokey Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Houlihan Lokey Inc (HLI)?

As of Mon May 13 2024, market cap of Houlihan Lokey Inc is 8.74 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HLI stock?

You can check HLI's fair value in chart for subscribers.

What is the fair value of HLI stock?

You can check HLI's fair value in chart for subscribers. The fair value of Houlihan Lokey Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Houlihan Lokey Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HLI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Houlihan Lokey Inc a good stock to buy?

The fair value guage provides a quick view whether HLI is over valued or under valued. Whether Houlihan Lokey Inc is cheap or expensive depends on the assumptions which impact Houlihan Lokey Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HLI.

What is Houlihan Lokey Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, HLI's PE ratio (Price to Earnings) is 33.75 and Price to Sales (PS) ratio is 4.75. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HLI PE ratio will change depending on the future growth rate expectations of investors.