Hillman Solutions (HLMN) Set to Announce Earnings on Tuesday

Hillman Solutions (NASDAQ:HLMN) is scheduled to announce its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Hillman Solutions has set its FY 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Hillman Solutions (NASDAQ:HLMN) last posted its earnings results on Tuesday, August 6th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02. Hillman Solutions had a return on equity of 7.96% and a net margin of 0.41%. The firm had revenue of $379.43 million for the quarter, compared to analyst estimates of $383.53 million. During the same period last year, the company earned $0.13 earnings per share. On average, analysts expect Hillman Solutions to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hillman Solutions Trading Up 2.1 %

Shares of NASDAQ:HLMN opened at $10.82 on Monday. The company has a market capitalization of $2.12 billion, a PE ratio of 360.67 and a beta of 1.65. Hillman Solutions has a 12-month low of $6.02 and a 12-month high of $11.15. The business has a 50 day moving average of $10.25 and a two-hundred day moving average of $9.63. The company has a current ratio of 2.32, a quick ratio of 0.77 and a debt-to-equity ratio of 0.62.

Wall Street Analyst Weigh In

HLMN has been the topic of a number of recent analyst reports. Benchmark reissued a “buy” rating and set a $13.00 price target on shares of Hillman Solutions in a report on Thursday, August 8th. Barclays increased their target price on shares of Hillman Solutions from $9.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Monday, August 12th. Finally, Canaccord Genuity Group lifted their price target on Hillman Solutions from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $12.08.

About Hillman Solutions

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.