Hawkins (HWKN) Projected to Post Earnings on Wednesday

Hawkins (NASDAQ:HWKN) is projected to issue its quarterly earnings data before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.77 per share and revenue of $219,221.00 billion for the quarter.

Hawkins (NASDAQ:HWKN) last released its earnings results on Wednesday, October 30th. The specialty chemicals company reported $1.16 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.02). The business had revenue of $247.03 million for the quarter, compared to analyst estimates of $259.59 million. Hawkins had a net margin of 8.74% and a return on equity of 19.64%. On average, analysts expect Hawkins to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hawkins Trading Down 2.2 %

Hawkins stock opened at $115.68 on Monday. The firm has a market cap of $2.42 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 4.09 and a beta of 0.84. Hawkins has a 1 year low of $54.44 and a 1 year high of $139.55. The firm’s 50 day moving average price is $124.75 and its two-hundred day moving average price is $120.85. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.39 and a current ratio of 2.27.

Hawkins Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend was Friday, November 15th. Hawkins’s payout ratio is 18.41%.

Wall Street Analyst Weigh In

Separately, BWS Financial reaffirmed a “neutral” rating and set a $122.00 target price on shares of Hawkins in a report on Thursday, October 31st.

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.