harte-hanks inc (HHS:New York)
harte-hanks inc (HHS) Snapshot
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Open
$8.65
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Previous Close
$8.61
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Day High
$8.89
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Day Low
$8.57
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52 Week High
07/3/12 - $9.81
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52 Week Low
12/10/12 - $5.14
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Market Cap
555.1M
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Average Volume 10 Days
96.5K
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EPS TTM
$0.59
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Shares Outstanding
62.4M
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EX-Date
05/30/13
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P/E TM
15.1x
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Dividend
$0.34
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Dividend Yield
3.82%
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Related News
harte-hanks inc (HHS) Related Businessweek News
No Related Businessweek News Foundharte-hanks inc (HHS) Details
Harte-Hanks, Inc., a direct and targeted marketing company, provides direct and digital marketing services, and shopper advertising opportunities to a range of local, regional, national, and international consumer and business-to-business marketers in the United States and other countries. The company operates in two segments, Direct Marketing and Shoppers. The Direct Marketing segment offers integrated, multichannel, and data-driven solutions for various brands to retail, high-tech/telecom, financial services, and pharmaceutical/healthcare markets. It provides agency and digital services, including Website development and design, digital strategy, social media marketing and monitoring, email marketing, and ecommerce and interactive relationship management services; database marketing solutions that enable organizations to build and manage customer communication strategies; and Trillium Software System, a global locator geocoding product, as well as associated data governance services. This segment also offers direct mail and fulfillment, and business-to-business lead generation services, as well as operates teleservice workstations that provide advanced contact center solutions. The Shoppers segment owns, operates, and distributes shopper publications that are distributed by mail to households and businesses. This segment also provides online advertising and other services through its Website, PennySaverUSA.com, as well as business websites; and search—engine marketing services. Its Websites serve as advertising portals that bring buyers and sellers together through its online offerings, including local classifieds, business listings, coupons, and special offers, as well as PowerSites that are templated Websites. As of December 31, 2012, this segment published approximately 5,600 PowerSites weekly and approximately 780 individual shopper editions each week. The company was founded in 1970 and is headquartered in San Antonio, Texas.
harte-hanks inc (HHS) Top Compensated Officers
harte-hanks inc (HHS) Key Developments
On May 14, 2013, Harte-Hanks Inc. and Jessica M. Huff, its Chief Accounting Officer, agreed that her employment would terminate; the termination will be effective May 20, 2013. Douglas C. Shepard, the company's Executive Vice President and Chief Financial Officer, will assume the additional responsibilities of the company's principal accounting officer.
Harte-Hanks Inc. reported that its board of directors has declared a regular quarterly cash dividend of 8.5 cents per share payable on June 14, 2013, to the holders of record of the company's common stock at the close of business on June 3, 2013.
Harte-Hanks Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported operating revenues of $178,332,000 against $186,042,000 for the same period last year. Operating income was $10,174,000 against $13,976,000 for the same period last year. Income before income taxes was $10,624,000 against $12,331,000 for the same period last year. Income from continuing operations was $6,667,000 or $0.11 per diluted share against $7,435,000 or $0.12 per diluted share for the same period a year ago. Net income was $6,667,000 or $0.11 per basic and diluted share against $6,793,000 or $0.11 per basic and diluted share for the same period last year. Total Free cash flow was $7,746,000 against $9,877,000 for the same period last year. Capital expenditures were $4,631,000 against $3,054,000 for the same period last year. EBITDA from continuing operations was $15,111,000 against $19,181,000 for the same period last year. Net debt balance as on March 31, 2013 was $46.2 million against $60.6 million at year-end, a reduction of $14.4 million. Cash flow was $7.7 million versus $9.9 million in 2012. The company expects to begin seeing improved results in the second half of 2013, accelerating into 2014. Therefore, the company’s expectations are for 2013 to show flat to slightly increased revenue and operating income with improvement coming in the second half of the year. For 2013, the company still expects effective tax rate to be approximately 40%.
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Industry Analysis
HHS
Industry Average
| Valuation | HHS | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.7x |
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| Price/Book | 1.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.5x |
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Post a JobJobs
- Austin, TX | Harte-hanksPosted: May 14
- Austin, TX | Harte-hanksPosted: May 13
- Billerica, MA | Harte-hanksPosted: May 17
- Austin, TX | Harte-hanksPosted: May 17
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To contact HARTE-HANKS INC, please visit www.harte-hanks.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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