Hawkins (NASDAQ:HWKN - Get Free Report)'s stock had its "neutral" rating reissued by BWS Financial in a report issued on Thursday, Benzinga reports. They presently have a $122.00 price target on the specialty chemicals company's stock. BWS Financial's target price suggests a potential upside of 14.13% from the company's current price.
Hawkins Stock Performance
HWKN traded down $10.39 during trading on Thursday, reaching $106.90. The company's stock had a trading volume of 237,750 shares, compared to its average volume of 128,147. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of 27.77, a price-to-earnings-growth ratio of 4.10 and a beta of 0.74. The company's fifty day moving average price is $123.14 and its 200-day moving average price is $103.51. Hawkins has a 52-week low of $53.64 and a 52-week high of $135.61. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.44 and a current ratio of 2.27.
Hawkins (NASDAQ:HWKN - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The specialty chemicals company reported $1.16 earnings per share for the quarter, missing analysts' consensus estimates of $1.18 by ($0.02). Hawkins had a return on equity of 20.16% and a net margin of 8.75%. The business had revenue of $247.03 million for the quarter, compared to analyst estimates of $259.59 million. On average, equities analysts forecast that Hawkins will post 4.28 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its stake in shares of Hawkins by 71.8% during the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty chemicals company's stock worth $51,000 after acquiring an additional 168 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Hawkins by 289.2% during the third quarter. Farther Finance Advisors LLC now owns 467 shares of the specialty chemicals company's stock worth $59,000 after purchasing an additional 347 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Hawkins in the third quarter valued at $100,000. USA Financial Formulas increased its position in shares of Hawkins by 35.1% in the third quarter. USA Financial Formulas now owns 885 shares of the specialty chemicals company's stock valued at $113,000 after buying an additional 230 shares in the last quarter. Finally, Capital Investment Advisors LLC acquired a new position in shares of Hawkins during the 3rd quarter worth $225,000. 69.71% of the stock is currently owned by institutional investors and hedge funds.
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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