Hillman Solutions Corp (NASDAQ:HLMN - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $8.10 and last traded at $9.33, with a volume of 335 shares trading hands. The stock had previously closed at $9.17.
Wall Street Analysts Forecast Growth
HLMN has been the topic of a number of recent research reports. Benchmark reissued a "buy" rating and issued a $16.00 target price on shares of Hillman Solutions in a research report on Wednesday, February 19th. Barclays decreased their price target on Hillman Solutions from $12.00 to $11.00 and set an "equal weight" rating for the company in a research note on Thursday, January 16th. William Blair downgraded Hillman Solutions from an "outperform" rating to a "market perform" rating in a research note on Thursday, January 2nd. Finally, Robert W. Baird reduced their price target on Hillman Solutions from $14.00 to $12.00 and set an "outperform" rating for the company in a research note on Wednesday, February 19th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $13.60.
View Our Latest Report on HLMN
Hillman Solutions Trading Down 0.1 %
The company has a current ratio of 2.32, a quick ratio of 0.76 and a debt-to-equity ratio of 0.62. The firm has a 50-day moving average of $9.85 and a 200 day moving average of $10.26. The company has a market cap of $1.77 billion, a P/E ratio of 112.26 and a beta of 1.68.
Hillman Solutions (NASDAQ:HLMN - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by ($0.01). Hillman Solutions had a return on equity of 8.79% and a net margin of 1.17%. The firm had revenue of $349.56 million for the quarter, compared to analyst estimates of $350.45 million. During the same period last year, the company posted $0.10 earnings per share. On average, analysts predict that Hillman Solutions Corp will post 0.58 earnings per share for the current fiscal year.
Institutional Trading of Hillman Solutions
A number of institutional investors and hedge funds have recently modified their holdings of HLMN. Nordea Investment Management AB purchased a new position in shares of Hillman Solutions in the fourth quarter valued at $4,631,000. Sanctuary Advisors LLC grew its position in Hillman Solutions by 20.0% during the third quarter. Sanctuary Advisors LLC now owns 31,653 shares of the company's stock worth $357,000 after buying an additional 5,273 shares in the last quarter. FMR LLC grew its position in Hillman Solutions by 338.9% during the third quarter. FMR LLC now owns 22,199 shares of the company's stock worth $234,000 after buying an additional 17,141 shares in the last quarter. Barclays PLC lifted its stake in Hillman Solutions by 326.8% during the third quarter. Barclays PLC now owns 305,468 shares of the company's stock worth $3,226,000 after purchasing an additional 233,894 shares during the last quarter. Finally, Telemark Asset Management LLC lifted its stake in Hillman Solutions by 7.1% during the third quarter. Telemark Asset Management LLC now owns 750,000 shares of the company's stock worth $7,920,000 after purchasing an additional 50,000 shares during the last quarter. 98.11% of the stock is owned by hedge funds and other institutional investors.
Hillman Solutions Company Profile
(
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Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers.
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