Tearsheet

Harte-Hanks (HHS)


Market Price (12/4/2025): $3.43 | Market Cap: $25.3 Mil
Sector: Industrials | Industry: Industrial Conglomerates

Harte-Hanks (HHS)


Market Price (12/4/2025): $3.43
Market Cap: $25.3 Mil
Sector: Industrials
Industry: Industrial Conglomerates

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Digital Advertising, and E-commerce & DTC Adoption. Themes include Direct-to-Consumer Brands, Show more.
Weak multi-year price returns
2Y Excs Rtn is -97%, 3Y Excs Rtn is -136%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 61%
1   Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.5%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.1%, Rev Chg QQuarterly Revenue Change % is -14%
2   Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.6%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -4.3%
3   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -15%
0 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Digital Advertising, and E-commerce & DTC Adoption. Themes include Direct-to-Consumer Brands, Show more.
1 Weak multi-year price returns
2Y Excs Rtn is -97%, 3Y Excs Rtn is -136%
2 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 61%
3 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.5%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.1%, Rev Chg QQuarterly Revenue Change % is -14%
4 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.6%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -4.3%
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -15%

Valuation, Metrics & Events

HHS Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback



1. Harte-Hanks' Third Quarter 2025 Financial Results: The company reported a loss of $2.3 million, or 31 cents per share, on revenue of $39.5 million for its third quarter 2025. While reporting a loss, market reaction can be influenced by how these figures compare to analyst expectations or any forward-looking statements made by management, potentially leading to positive adjustments if the results were better than anticipated or if future outlook was optimistic.

2. Significant Stock Gain in November 2025: Harte-Hanks (HHS) shares experienced a substantial increase, gaining 25% during November 2025, following a previously unstable period. This strong overall positive momentum in the stock's performance likely contributed to smaller positive daily or short-term movements, such as the 2.2% noted within the specified timeframe.

Show more

Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
HHS Return-25%183%54%-42%-24%-27%5%
Peers Return-8%65%-2%11%9%27%129%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
HHS Win Rate25%8%58%50%33%40% 
Peers Win Rate47%67%45%43%50%48% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
HHS Max Drawdown-67%0%-16%-56%-24%-47% 
Peers Max Drawdown-44%-4%-19%-20%-16%-17% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HON, TTI, TRC, MMM, CSL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique KeyEventHHSS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-71.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven244.7%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-68.4%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven216.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven608 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-86.6%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven645.5%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven1146 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-83.4%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven503.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to BreakevenNot Fully Recovered days1480 days

Compare to HON, TTI, TRC, MMM, CSL


In The Past

Harte-Hanks's stock fell -71.0% during the 2022 Inflation Shock from a high on 8/23/2022. A -71.0% loss requires a 244.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Harte-Hanks (HHS)

Better Bets than Harte-Hanks (HHS)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select past ideas related to HHS. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
CNM_11212025_Dip_Buyer_FCFYield11212025CNMCore & MainDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
7.3%7.3%-1.6%
VRRM_11212025_Dip_Buyer_FCFYield11212025VRRMVerra MobilityDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
2.3%2.3%-1.2%
LII_11212025_Dip_Buyer_ValueBuy11212025LIILennox InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
4.8%4.8%0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ADPAutomatic Data ProcessingMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
1.6%1.6%-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%11212025CWCurtiss-WrightQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
2.2%2.2%0.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
CNM_11212025_Dip_Buyer_FCFYield11212025CNMCore & MainDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
7.3%7.3%-1.6%
VRRM_11212025_Dip_Buyer_FCFYield11212025VRRMVerra MobilityDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
2.3%2.3%-1.2%
LII_11212025_Dip_Buyer_ValueBuy11212025LIILennox InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
4.8%4.8%0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ADPAutomatic Data ProcessingMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
1.6%1.6%-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%11212025CWCurtiss-WrightQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
2.2%2.2%0.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Harte-Hanks

Peers to compare with:

Financials

HHSHONTTITRCMMMCSLMedian
NameHarte-Ha.Honeywel.Tetra Te.Tejon Ra.3M Carlisle. 
Mkt Price3.68193.478.6516.35173.09321.1894.72
Mkt Cap0.0122.91.20.492.413.77.4
Rev LTM17540,6706194624,8255,0152,817
Op Inc LTM67,69261-85,0821,036549
FCF LTM-76,1646-701,588958482
FCF 3Y Avg45,2123-422,393987495
CFO LTM-57,4857492,5411,086580
CFO 3Y Avg76,33656103,7151,120588

Growth & Margins

HHSHONTTITRCMMMCSLMedian
NameHarte-Ha.Honeywel.Tetra Te.Tejon Ra.3M Carlisle. 
Rev Chg LTM-6.5%7.5%0.2%15.7%1.1%0.1%0.6%
Rev Chg 3Y Avg-4.1%5.2%6.4%-11.8%-10.3%-0.7%-2.4%
Rev Chg Q-14.2%7.0%8.1%10.3%3.5%1.0%5.3%
QoQ Delta Rev Chg LTM-3.5%1.7%1.9%2.5%0.9%0.3%1.3%
Op Mgn LTM3.2%18.9%9.8%-17.5%20.5%20.7%14.4%
Op Mgn 3Y Avg4.4%19.5%8.2%-18.3%1.1%21.5%6.3%
QoQ Delta Op Mgn LTM-0.8%-0.9%-0.3%4.3%1.0%-0.5%-0.4%
CFO/Rev LTM-2.6%18.4%12.0%19.7%10.2%21.7%15.2%
CFO/Rev 3Y Avg3.3%16.4%9.1%22.0%13.8%23.1%15.1%
FCF/Rev LTM-4.3%15.2%1.0%-150.0%6.4%19.1%3.7%
FCF/Rev 3Y Avg1.7%13.5%0.5%-96.7%8.8%20.3%5.2%

Valuation

HHSHONTTITRCMMMCSLMedian
NameHarte-Ha.Honeywel.Tetra Te.Tejon Ra.3M Carlisle. 
Mkt Cap0.0122.91.20.492.413.77.4
P/S0.23.31.29.33.32.83.0
P/EBIT6.915.213.1-52.916.013.413.2
P/E-9.721.86.3144.324.418.019.9
P/CFO-6.417.910.346.932.612.915.4
Total Yield-10.3%6.8%15.9%0.7%5.0%6.8%5.9%
Dividend Yield0.0%2.2%0.0%0.0%0.9%1.3%0.5%
FCF Yield 3Y Avg7.6%4.0%0.2%-9.4%4.7%6.6%4.3%
D/E0.80.30.30.20.20.20.2
Net D/E0.60.20.20.20.10.10.2

Returns

HHSHONTTITRCMMMCSLMedian
NameHarte-Ha.Honeywel.Tetra Te.Tejon Ra.3M Carlisle. 
1M Rtn22.3%-1.6%20.6%4.2%7.2%-1.0%5.7%
3M Rtn3.7%-3.5%83.3%-3.2%14.4%-14.2%0.2%
6M Rtn-15.2%-8.8%202.4%2.4%19.0%-15.4%-3.2%
12M Rtn-31.9%-7.6%122.4%2.2%34.5%-26.9%-2.7%
3Y Rtn-66.8%-0.1%125.3%-17.2%82.0%27.9%13.9%
1M Excs Rtn22.3%-1.6%20.7%4.2%7.2%-1.0%5.7%
3M Excs Rtn-6.6%-9.4%76.0%-8.8%6.4%-23.1%-7.7%
6M Excs Rtn-29.9%-23.5%187.7%-12.3%4.2%-30.1%-17.9%
12M Excs Rtn-50.5%-23.5%111.1%-12.1%18.5%-42.4%-17.8%
3Y Excs Rtn-136.4%-71.4%70.2%-86.3%12.7%-43.7%-57.5%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity32,277
Short Interest: % Change Since 10312025-34.6%
Average Daily Volume18,820
Days-to-Cover Short Interest1.72
Basic Shares Quantity7,382,000
Short % of Basic Shares0.4%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025808202510-Q 6/30/2025
3312025515202510-Q 3/31/2025
12312024317202510-K 12/31/2024
93020241114202410-Q 9/30/2024
6302024809202410-Q 6/30/2024
3312024510202410-Q 3/31/2024
12312023401202410-K 12/31/2023
93020231113202310-Q 9/30/2023
6302023811202310-Q 6/30/2023
3312023512202310-Q 3/31/2023
12312022331202310-K 12/31/2022
93020221114202210-Q 9/30/2022
6302022812202210-Q 6/30/2022
3312022513202210-Q 3/31/2022
12312021321202210-K 12/31/2021
93020211112202110-Q 9/30/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Rosenbach Gary Stephen5302025Buy5.368,40044,9894,079,690Form
1Radoff Bradley Louis 12062024Buy5.752001,1502,152,650Form
2Radoff Bradley Louis 12052024Buy5.501769681,823,662Form