Reading HHS? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track HHS free→Reading HHS? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track HHS free→NASDAQIndustrialsConglomeratesSnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, and the company was unprofitable over the past year, so its earnings quality can't be assessed. Management's recent track record has been steady, and it has a capital-friendly stance. Risk is high, and the sector backdrop is a headwind, while compared with sector peers, it is typical. Peer multiples imply a price about 81% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk, as it trades below peer multiples, but recent financials are weak or earnings quality is fragile, historically a value-trap pattern. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 1 valuation methods, at three horizons. Current price $2.45. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $2.45 HHS trades at 0× p/s, below its 2× p/s peer median. Our $13 fair value sits above the price; low confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 81% below a flat-multiple fair value, below our forecast of about -14%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
No fragility gates fired.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 58% of the time over the next year (vs 62% for the rest of the cohort, n=3678).
Over the trailing year it converted 1.42x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
5 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated stable grew net income 60% of the time over the next year (vs 59% for the rest of the cohort, n=792).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$145.
How much price usually moves either way.
On a bad day, this stock has moved -$540.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,477.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: If the industrial sector's revenue growth speeds up, it may benefit Harte Hanks. This could improve its financial performance.
Confirms:Sector revenue growth is speeding up again. It may reach 5% or more.
Disproves:Sector revenue growth keeps slowing down. It is now below 5%.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for HHS yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
No upside scenarios in the latest snapshot.
No downside scenarios in the latest snapshot.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On May 14th, 2026, Harte Hanks issued a press release announcing its financial results for the first quarter ended March 31, 2026. The full text of the press release is furnished with this Current Report as Exhibit 99.1 and is incorporated by reference herein. The information contained in this Item 2.02 (including Exhibit 99.1) of this Current Report is furnished pursuant to this
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Industrial Conglomerates.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
HHS Harte Hanks Inc | Typical Show detailsSector percentile: 45 of 100 | inexpensive | high |
HON Honeywell | Typical Show detailsSector percentile: 66 of 100 | full | low |
MMM 3M | Typical Show detailsSector percentile: 69 of 100 | fair | moderate |
CSL Carlisle Companies | Typical Show detailsSector percentile: 64 of 100 | fair | moderate |
SEB Seaboard Corp | Above typical Show detailsSector percentile: 74 of 100 | inexpensive | elevated |
Not investment advice. As of 2026-06-16.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on strengthening customer relationships to drive profitable growth and long-term shareholder value.
Maintain focus on cost reductions and operational efficiencies to achieve positive EBITDA for 2025.
Results of Operations and Financial Condition. On March 17th, 2026, Harte Hanks issued a press release announcing its financial results for the fourth quarter and calendar year ended December 31, 2025. The full text of the press release is furnished with this Current Report as Exhibit 99.1 and is incorporated by reference herein. The information contained in this Item 2.02 (including Exhibit 99.1) of this Current Report is furnished pursuant to this
Departure of Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) Departure of Certain Officers On December 8, 2025, Robert T. Wyman, the Company’s General Counsel and a named executive officer, notified Harte Hanks, Inc. (the “Company”) of his decision to retire, effective as of December 22, 2025. Mr. Wyman’s retirement is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or pract…
Results of Operations and Financial Condition. On November 10th, 2025, Harte Hanks issued a press release announcing its financial results for the third quarter ended September 30, 2025. The full text of the press release is furnished with this Current Report as Exhibit 99.1 and is incorporated by reference herein. The information contained in this Item 2.02 (including Exhibit 99.1) of this Current Report is furnished pursuant to this
Results of Operations and Financial Condition. On August 7th, 2025, Harte Hanks issued a press release announcing its financial results for the second quarter ended June 30, 2025. The full text of the press release is furnished with this Current Report as Exhibit 99.1 and is incorporated by reference herein. The information contained in this Item 2.02 (including Exhibit 99.1) of this Current Report is furnished pursuant to this