Harsco Corporation (HSC)
Harsco Corporation Beneish M-Score: -2.83
View HSC Beneish M-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
HSC Beneish M-Score Rankings
| Overall | 66th percentile | 1247 of 3761 |
| Sector | 75th percentile | 95 of 393 in Basic Materials |
| Industry | 92nd percentile | 2 of 28 in Steel & Iron |
HSC Beneish M-Score Range, Past 5 Years
| Minimum | -3.074 | Dec 2008 |
| Maximum | -2.537 | Dec 2007 |
| Average | -2.838 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
You may also be interested in these HSC related companies
HSC News
Harsco Renews Three Multi-Year Service Contracts in the U.S. Valued at More Than $120 Million
May 22, 9:58AM Benzinga
May 22, 9:58AM Benzinga
$HSC http://stks.co/3ukQ possible breakdown out of multi month rectangle formation http://stks.co/3ukS
about 8 days ago by TraderHR
about 8 days ago by TraderHR
News related to $HSC: 'Fitch Ratings downgrades Harsco on weak outlook' http://stks.co/3oy3
about 15 days ago by TradeBot
about 15 days ago by TradeBot
KeyBanc Upgrades Harsco Corporation (HSC) to Buy; View Management Change As A Positive Catalyst
May 10, 8:28AM Street Insider
May 10, 8:28AM Street Insider
Listen to $HSC Q1 2012 earnings call - live at 10:00 AM, ondemand after - http://stks.co/3cmA
about 27 days ago by earningscast
about 27 days ago by earningscast
Harsco Corporation Announces Results of 57th Annual Meeting of Stockholders
Apr 25, 10:21AM GlobeNewswire
Apr 25, 10:21AM GlobeNewswire
Harsco's Infrastructure Group to Support New Construction Projects in Germany; Includes New R&D Facility for Porsche
Apr 18, 11:40AM GlobeNewswire
Apr 18, 11:40AM GlobeNewswire
Harsco's Infrastructure Group Wins Major Orders in Europe Totaling More Than $35 Million
Apr 11, 9:38AM GlobeNewswire
Apr 11, 9:38AM GlobeNewswire
Harsco Corporation (HSC) Announces Three Multi-year Contract Awards Worth $135 Million
Apr 09, 2:14PM Street Insider
Apr 09, 2:14PM Street Insider
Harsco Corporation to Release First Quarter 2012 Results and Hold Conference Call on May 2, 2012
Apr 09, 9:54AM GlobeNewswire
Apr 09, 9:54AM GlobeNewswire
Harsco to Hold Annual Meeting of Stockholders on Tuesday, April 24, 2012 at 8:00 AM Eastern Time
Apr 04, 10:09AM GlobeNewswire
Apr 04, 10:09AM GlobeNewswire
$HSC filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3DH7
about 56 days ago by MarketBrief
about 56 days ago by MarketBrief
$HSC filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3C94
about 57 days ago by MarketBrief
about 57 days ago by MarketBrief
$HSC filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3Aq6
about 58 days ago by MarketBrief
about 58 days ago by MarketBrief
$HSC filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/39I2
about 61 days ago by MarketBrief
about 61 days ago by MarketBrief
$HSC filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/383V
about 62 days ago by MarketBrief
about 62 days ago by MarketBrief
$HSC filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/36qG
about 63 days ago by MarketBrief
about 63 days ago by MarketBrief
$HSC filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/35fg
about 64 days ago by MarketBrief
about 64 days ago by MarketBrief
$HSC filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/347a
about 65 days ago by MarketBrief
about 65 days ago by MarketBrief
$HSC filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/32mq
about 67 days ago by MarketBrief
about 67 days ago by MarketBrief
Harsco Corporation to Present at BB&T Capital Markets Commercial and Industrial Conference on March 28
Mar 16, 10:55AM GlobeNewswire
Mar 16, 10:55AM GlobeNewswire
$HSC Was awarded a $55 mil. dollar contract http://stks.co/2ley
about 81 days ago by buylowsellhigh3
about 81 days ago by buylowsellhigh3
$HSC Downside Blowoff - 15 Minute Up Reversal - Green bar after 5 red bars
about 95 days ago by TradeIdeasQuant
about 95 days ago by TradeIdeasQuant
News related to $HSC, currently -2.6% since open: 'Harsco Chairman and CEO Fazzolari resigns' http://stks.co/2Y3m
about 95 days ago by TradeBot
about 95 days ago by TradeBot
$HSC Insider Buy: $111K of stock bought by Ivor Harrington (Executive Vice President &) on January 30, 2012 http://stks.co/2CdY
about 118 days ago by MarketBrief
about 118 days ago by MarketBrief
$HSC Upside Blowoff - 15 Minute Down Reversal - Red bar after 5 higher highs and higher lows
about 123 days ago by TradeIdeasQuant
about 123 days ago by TradeIdeasQuant
$HSC http://stks.co/26te Earnings out, may be moving off statements, has room to run & momentum picking up.
about 124 days ago by redman59
about 124 days ago by redman59
Listen to $HSC Q4 2011 earnings call (EPS 0.36 vs est 0.3) - live at 10:00 AM, ondemand after - http://stks.co/26ai
about 124 days ago by earningscast
about 124 days ago by earningscast
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HSC | 20.78 | +0.48 | +2.36% | 1.635B |
| HGT | 6.70 | -0.14 | -2.05% | 273.60M |
| HGSI | 13.81 | +0.20 | +1.47% | 2.708B |
| HGSH | 0.70 | -0.08 | -10.26% | 31.54M |
| HGR | 22.05 | +0.69 | +3.23% | 727.09M |
| HGIC | 59.94 | +0.00 | +0.00% | 1.635B |
| HGI | 15.41 | +0.18 | +1.20% | |
| HGG | 11.09 | +0.22 | +2.02% | 404.80M |
| HGEM | 17.67 | +0.00 | +0.00% | |
| HFWA | 13.77 | +0.34 | +2.53% | 207.76M |