Hawkins (NASDAQ:HWKN - Get Free Report)'s stock had its "neutral" rating reaffirmed by BWS Financial in a research note issued on Friday,Benzinga reports. They currently have a $122.00 price target on the specialty chemicals company's stock. BWS Financial's price objective suggests a potential upside of 5.19% from the company's current price.
Hawkins Price Performance
NASDAQ HWKN traded up $3.47 during trading on Friday, reaching $115.98. 172,518 shares of the company traded hands, compared to its average volume of 180,437. Hawkins has a 1-year low of $58.26 and a 1-year high of $139.55. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 29.59, a P/E/G ratio of 3.71 and a beta of 0.82. The stock's 50 day moving average price is $122.74 and its two-hundred day moving average price is $121.24. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 2.50.
Hawkins (NASDAQ:HWKN - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.05). Hawkins had a return on equity of 18.95% and a net margin of 8.60%. As a group, analysts anticipate that Hawkins will post 4.12 EPS for the current year.
Hedge Funds Weigh In On Hawkins
Several hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its stake in shares of Hawkins by 127.3% in the 3rd quarter. Jane Street Group LLC now owns 47,432 shares of the specialty chemicals company's stock valued at $6,046,000 after purchasing an additional 26,568 shares during the last quarter. State of New Jersey Common Pension Fund D bought a new position in Hawkins in the third quarter valued at approximately $2,021,000. Natixis Advisors LLC acquired a new stake in Hawkins during the 3rd quarter worth $2,495,000. Victory Capital Management Inc. raised its position in shares of Hawkins by 26.9% during the 3rd quarter. Victory Capital Management Inc. now owns 112,966 shares of the specialty chemicals company's stock valued at $14,400,000 after acquiring an additional 23,940 shares during the last quarter. Finally, Creative Planning lifted its stake in shares of Hawkins by 7.3% in the 2nd quarter. Creative Planning now owns 3,324 shares of the specialty chemicals company's stock valued at $302,000 after purchasing an additional 225 shares during the period. Institutional investors own 69.71% of the company's stock.
About Hawkins
(
Get Free Report)
Hawkins, Inc operates as a specialty chemical and ingredients company in the United States. It operates through three segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment offers industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.
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