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Houghton Mifflin Harcourt Co (HMHC)

NASDAQ
Currency in USD
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21.03
0.00(0.00%)
Real-time Data

HMHC Comments

Earnings date soon so this stock will increase with its newly acquired portfolio including californiam universities online education is the future.
It's gonna rip today !
In 2015 HMHC acquired the Scholastic EdTech business for an eye-watering $575M but its delivered little growth. In fact, rarely referred to during the results briefings.  The reality is the US K-12 market is hugely competitive with little growth and those players like McGraw and Pearson fighting over state adoptions which none can predict with absolute certainty, always better days to come.  In May 2017 Pearson announced their exit from K-12 in the US and still no takers but still officially on the market.  Presumably, potential PE buyers know how their counterparts invested in McGraw and HMH are fairing.  The real growth in education in the last 10 years has been in international where HMH has completely missed the boat.  Its large US district school program offerings simply don't align with what international markets are looking for - English for non-native speakers and content aligned with their local national exams.
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