Economy

Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) Announces Earnings Results

One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The stock now has an average rating of "Hold" and a consensus target price of $47.23.

Taking a broader look at the analyst consensus, according to 14 analysts Blackhawk Network Ho (NASDAQ:HAWK)'s price will reach at $45.36 during 52 weeks. SunTrust Banks, Inc. set a $43.00 target price on Blackhawk Network Holdings and gave the company a "buy" rating in a research report on Thursday, October 12th. BMO Capital Markets reduced their price objective on Blackhawk Network Holdings from $52.00 to $51.00 and set an "outperform" rating for the company in a research report on Friday, October 13th.

The stock of Blackhawk Network Holdings Inc (HAWK) formed H&S with $30.31 target or 8.00 % below today's $32.95 share price.

Blackhawk Network Holdings, Inc.is a prepaid payment network. "(HAWK) Receives Consensus Recommendation of "Buy" from Analysts" was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune. If you are reading this piece on another website, it was illegally copied and republished in violation of USA & global copyright laws. Wedbush maintained Blackhawk Network Holdings Inc (NASDAQ:HAWK) rating on Thursday, April 28.

Shares of New York-listed Blackhawk Network Hlds (NASDAQ:HAWK) Have been downgraded by professional analysts at Mizuho. The 50 day moving average was down by -20.47% and the 200 day average went down by -18.76%. With 256,100 avg volume, 15 days are for Blackhawk Network Holdings Incorporated (NASDAQ:HAWK)'s short sellers to cover HAWK's short positions.

The stock's Average True Range (ATR) is 1.51.

07/20/2017 - Blackhawk Network Holdings, Inc. had its "buy" rating reiterated by analysts at Mizuho. Blackhawk Network Holdings had a positive return on equity of 4.16% and a negative net margin of 0.14%. For the current year the company's revenue estimates are $1.08 Billion compared to low analyst estimates of $1.05 Billion and high estimates of $1.12 Billion according to the prediction of 9 analysts. The company provided earnings per share (EPS) guidance of $1.56-1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.68. The business's revenue for the quarter was up 16.0% compared to the same quarter a year ago. Also, insider Joan B. Lockie sold 2,543 shares of the stock in a transaction on Monday, July 31st. The percentage of stocks meeting price targets is 55%. As per Tuesday, January 17, the company rating was downgraded by Citigroup. The firm has "Outperform" rating by BMO Capital Markets given on Wednesday, June 28. The disclosure for this sale can be found here. Insiders sold a total of 96,212 shares of company stock worth $4,298,465 over the last quarter.

Hedge funds have recently modified their holdings of the business. The stock exchanged hands 1.97 Million shares versus average trading capacity of 645.99 Million shares.

Consequently Blackhawk Network Ho (NASDAQ:HAWK)'s weekly and monthly volatility is 5.07%, 2.83% respectively.

09/21/2016 - Blackhawk Network Holdings, Inc. was upgraded to "outperform" by analysts at CLSA. It also reduced its holding in Automatic Data Processing In (NASDAQ:ADP) by 187,367 shares in the quarter, leaving it with 825,813 shares, and cut its stake in Wabco Hldgs Inc (NYSE:WBC).

Ami Asset Management Corp increased its stake in Blackhawk Netwrk Hldgs Inc (HAWK) by 6.64% based on its latest 2017Q2 regulatory filing with the SEC. The Firm operates through three divisions: U.S. It now has negative earnings.



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