Company profile

Ticker
HMHC
Exchange
Website
CEO
John J. Lynch
Employees
Incorporated
Location
Fiscal year end
Former names
HMH Holdings (Delaware), Inc.
SEC CIK
IRS number
271566372

HMHC stock data

(
)

Calendar

6 Aug 20
25 Sep 20
31 Dec 20

News

Quarter (USD) Jun 20 Mar 20 Sep 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
31 May 20 Crovitz L Gordon Phantom Stock Common Stock Grant Aquire A No 0 15,071 0 15,071
31 May 20 Crovitz L Gordon RSU Common Stock Option exercise Dispose M No 0 15,071 0 0
31 May 20 Crovitz L Gordon RSU Common Stock Grant Aquire A No 0 55,556 0 55,556
31 May 20 Desravines Jean S. Common Stock Option exercise Aquire M No 0 15,071 0 18,165
31 May 20 Desravines Jean S. RSU Common Stock Grant Aquire A No 0 55,556 0 55,556
31 May 20 Desravines Jean S. RSU Common Stock Option exercise Dispose M No 0 15,071 0 0
31 May 20 Greenthal Jill A Common Stock Option exercise Aquire M No 0 15,071 0 47,553
31 May 20 Greenthal Jill A Common Stock Option exercise Aquire M No 0 6,883 0 32,482
31 May 20 Greenthal Jill A RSU Common Stock Grant Aquire A No 0 55,556 0 55,556
31 May 20 Greenthal Jill A RSU Common Stock Option exercise Dispose M No 0 15,071 0 0
90.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 101 117 -13.7%
Opened positions 10 21 -52.4%
Closed positions 26 20 +30.0%
Increased positions 41 46 -10.9%
Reduced positions 39 36 +8.3%
13F shares
Current Prev Q Change
Total value 218.67M 289.79M -24.5%
Total shares 114.36M 119.52M -4.3%
Total puts 0 22.6K EXIT
Total calls 147.6K 223K -33.8%
Total put/call ratio 0.1
Largest owners
Shares Value Change
Anchorage Capital Group, L.L.C. 19.47M $35.23M 0.0%
Wellington Management 15.37M $27.82M +0.0%
Alliancebernstein 7.92M $14.34M -6.4%
Vanguard 7.79M $14.09M -18.9%
Burgundy Asset Management 7.36M $13.32M +0.1%
BLK BlackRock 7.28M $13.18M -1.7%
WS Management LLLP 6.02M $10.89M +2.0%
Dimensional Fund Advisors 5.59M $10.12M -18.0%
JPM JPMorgan Chase & Co. 5.42M $9.82M +336.6%
Freshford Capital Management 5.4M $9.77M -3.8%
Largest transactions
Shares Bought/sold Change
JPM JPMorgan Chase & Co. 5.42M +4.18M +336.6%
IVZ Invesco 380.19K -2.49M -86.8%
Vanguard 7.79M -1.81M -18.9%
Peregrine Capital Management 0 -1.58M EXIT
Thompson Siegel & Walmsley 0 -1.36M EXIT
Dimensional Fund Advisors 5.59M -1.22M -18.0%
Corsair Capital Management 366.87K -1.17M -76.1%
Nishkama Capital 0 -1.15M EXIT
Rutabaga Capital Management 1.14M +1.14M NEW
Engine Capital Management 912.62K +771.87K +548.4%

Financial report summary

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Risks
  • Our business and results of operations may be adversely affected by changes in federal, state and local education funding, and changes in legislation and public policy.
  • State instructional materials adoptions, which account for a significant portion of our net sales of K-12 instructional materials, are highly cyclical and pose significant inherent risks that could materially impact our results of operations.
  • Changes in state academic standards could affect our market and require investment in development of new programs or modifications to our existing programs and any delays or controversies in the implementation of such standards could impact our results of operations.
  • We may not be able to execute on our long-term growth strategy or achieve expected benefits from actions taken in furtherance of our strategy, which could materially and adversely affect our business, financial condition and results of operations and/or our growth.
  • Our investments in new products, service offerings, platforms and/or technologies could impact our profitability.
  • Defects in our digital products and platforms could cause financial loss and reputational damage.
  • Changes in product distribution channels and concentration of retailer power may restrict our ability to grow and affect our profitability in our HMH Books & Media segment.
  • We operate in a highly competitive environment where the risks from competition are intensified due to rapid changes in our markets and industry; as a result, we must continue to adapt to remain competitive.
  • Our operating results fluctuate on a seasonal and quarterly basis and our business has historically been dependent on our results of operations for the third quarter.
  • Our history of operations includes periods of operating and net losses, and we may incur operating and net losses in the future. Such losses may impact our liquidity.
  • Our ability to enforce our intellectual property and proprietary rights may be limited, which may harm our competitive position and materially and adversely affect our business and results of operations.
  • Failure to comply with privacy laws or adequately protect personal data could cause financial loss and reputational damage.
  • We are subject to risks based on information technology systems. A major breach in security or information technology system failure could interrupt the availability of our internet-based products and services, result in corruption and/or loss of data, cause liability or reputational damage to our brands and business and/or result in financial loss.
  • We are dependent on a small number of third parties to print and bind our products and to supply paper, a principal material for our products. If we were to lose our relationship with our key print vendor and/or paper merchant, our business and results of operations may be materially and adversely affected.
  • We may not be able to identify and complete any future acquisitions or achieve the expected benefits from any future acquisitions, which could materially and adversely affect our business, financial condition and results of operations and/or our growth.
  • If we are unable to attract, retain and focus a strong leadership team, a dynamic sales force, software engineers and other key personnel, it could have an adverse effect on our business and ability to remain competitive, financial condition and results from operations.
  • If we fail to maintain strong relationships with our authors, illustrators and other creative talent, as well as to develop relationships with new creative talent, our net sales and results of operations could be adversely affected.
  • Our major operating costs and expenses include employee compensation as well as paper, printing and binding costs and expenses for product-related manufacturing, and a significant increase in such costs and expenses could have a material adverse effect on our profitability.
  • Exposure to litigation could have a material effect on our financial position and results of operations.
  • Operational disruption to our business caused by a major disaster or other external threats could restrict our ability to supply products and services to our customers.
  • We are subject to contingent liabilities that may affect liquidity and our ability to meet our obligations.
  • Our substantial level of indebtedness could adversely affect our financial condition and results of operations.
  • We may not be able to generate sufficient cash to service all of our indebtedness and may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful.
  • We may record future goodwill or additional indefinite-lived intangibles impairment charges related to our reporting units, which could have a material adverse impact on our results of operations.
  • The shift to sales of greater digital content or an increase in consumable print core programs may affect the comparability of our revenue to prior periods and cause increases or decreases in our sales to be reflected in our results of operations on a delayed basis.
  • We face risks of doing business abroad.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: ceased, ceasing, challenging, delay, Dish, effort, essentially, fact, fall, flat, furlough, hybrid, incentive, launched, mentioned, modest, preemptive, remote, remotely, respond, safety, smaller, systematic
Removed: ending, entertainment, Euro, executed, external, virtually