HLI
Houlihan Lokey, Inc. Financial Services - Capital Markets Investor Relations →
Houlihan Lokey, Inc. (HLI) closed at $139.51 as of 2026-03-20, trading 6.8% above its 200-week moving average of $130.65. The stock is currently moving closer to the line, down from 7.0% last week. With a 14-week RSI of 26, HLI is in oversold territory.
Trading volume is running at 1.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.96 ratio) is neutral — neither side is clearly dominating.
Over the past 505 weeks of data, HLI has crossed below its 200-week moving average 1 time. On average, these episodes lasted 1 weeks. Historically, investors who bought HLI at the start of these episodes saw an average one-year return of +66.1%.
With a market cap of $9.7 billion, HLI is a mid-cap stock. Return on equity stands at 20.5%, indicating strong profitability. The stock trades at 4.2x book value.
Share count has increased 3.5% over three years, indicating dilution.
Over the past 9.8 years, a hypothetical investment of $100 in HLI would have grown to $744, compared to $350 for the S&P 500. That represents an annualized return of 22.9% vs 13.7% for the index — confirming HLI as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 3.6% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: HLI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HLI Crosses Below the Line?
Across 1 historical episodes, buying HLI when it crossed below its 200-week moving average produced an average return of +63.0% after 12 months (median +63.0%), compared to +16.0% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +119.0% vs +35.0% for the index.
Each line shows $100 invested at the moment HLI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
HLI has crossed below its 200-week MA 1 time with an average 1-year return of +66.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 2016 | Aug 2016 | 1 | 0.8% | +66.1% | +644.5% |
| Average | 1 | — | +66.1% | — |
Frequently Asked Questions
Is HLI below its 200-week moving average?
No. Houlihan Lokey, Inc. (HLI) is currently 6.8% above its 200-week moving average of $130.65. It would need to fall to $130.65 to cross below the line.
What is HLI's 200-week moving average price?
Houlihan Lokey, Inc.'s 200-week moving average is $130.65 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when HLI drops below its 200-week moving average?
HLI has crossed below its 200-week moving average 1 time in our data. On average, buying at that moment produced a one-year return of +66.1%. These dips have historically been decent entry points. These episodes lasted 1 weeks on average.
Is HLI a good value right now?
Here's what our data says about HLI as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 26 (oversold). Return on equity is 20.5%. Price-to-book is 4.2x. This is not a buy or sell recommendation — always do your own research.
How does HLI compare to the S&P 500?
Over the past 9.8 years, $100 invested in HLI would have grown to $744, compared to $350 for the S&P 500. That's 22.9% annualized vs 13.7% for the index. HLI has outperformed the broader market over this period.
Does HLI pay a dividend?
Yes. Houlihan Lokey, Inc. currently pays a dividend yield of 172.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20