Shares of Hawkins, Inc. (NASDAQ:HWKN – Get Free Report) have received an average rating of “Moderate Buy” from the five research firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $162.50.
Several analysts have issued reports on HWKN shares. Wall Street Zen cut Hawkins from a “buy” rating to a “hold” rating in a research report on Saturday, July 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Hawkins in a research note on Saturday, September 27th. Zacks Research lowered shares of Hawkins from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. Raymond James Financial began coverage on shares of Hawkins in a report on Thursday, July 24th. They issued a “market perform” rating on the stock. Finally, BWS Financial boosted their price objective on shares of Hawkins from $160.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, August 1st.
Check Out Our Latest Report on Hawkins
Institutional Investors Weigh In On Hawkins
Hawkins Stock Up 0.5%
NASDAQ:HWKN opened at $182.88 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.31 and a quick ratio of 1.45. The firm has a market cap of $3.82 billion, a PE ratio of 45.04, a price-to-earnings-growth ratio of 2.59 and a beta of 0.84. The company has a 50-day moving average of $171.87 and a 200 day moving average of $144.84. Hawkins has a 1-year low of $98.30 and a 1-year high of $185.50.
Hawkins (NASDAQ:HWKN – Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The specialty chemicals company reported $1.40 EPS for the quarter, beating the consensus estimate of $1.33 by $0.07. The business had revenue of $293.27 million during the quarter, compared to analyst estimates of $278.76 million. Hawkins had a net margin of 8.37% and a return on equity of 18.35%. As a group, research analysts anticipate that Hawkins will post 4 EPS for the current fiscal year.
Hawkins Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Friday, August 15th. This is a positive change from Hawkins’s previous quarterly dividend of $0.18. Hawkins’s payout ratio is 18.72%.
About Hawkins
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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