Harte Hanks Inc. Common Stock (HHS)

FairStock Score: 54/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Graham-style investor, I start with the business and the numbers. Harte Hanks is a small customer-experience firm with three segments, but it has been shrinking. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $38.0 million and net income was -$5.0 million, or -$0.67 per diluted share. That is a serious loss. For fiscal 2025, the year ended 2025-12-31, revenue was $159.6 million with a net loss of $0.811 million. Compare that with fiscal 2024 revenue of $185.2 million and a net loss of $30.3 million. The loss narrowed, but revenue fell. Fiscal 2023 revenue was $191.5 million, so the trend is not one of growth. The balance sheet gives some comfort: FairStock's Altman Z-score is 13.53, and beta is only 0.09. But FairStock's Piotroski F-score is 2/9, return on equity is -30.41%, debt-to-equity is 1.57, and trailing free cash flow is -$1.4 million, a -4.4% FCF yield. There is no dividend. At the 2026-10-13 close of $4.37, FairStock calculates P/E at -5.68 and P/B at 2.12, while EV/EBITDA is 102.24. A negative-earnings company with negative cash flow and shrinking revenue offers no obvious margin of safety. I see no durable moat in these figures, given negative returns on equity and capital. The Lynch category is TURNAROUND because of a loss in the latest year after earlier profits, but turnarounds need improving operations and a strong balance sheet, not just a low price. FairStock Score is 54/100. I would need evidence of stable revenue, positive cash flow, and lower debt before calling this a sound value.

In plain English: Harte Hanks is a customer experience company that provides data and analytics, customer care, and fulfillment and logistics services. The business looks weak right now: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $38.0 million and it lost $5.0 million, and it burned cash over the last year. At the 2026-10-13 close of $4.37, the price looks expensive compared with those losses and weak cash generation.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer