Hawkins’ (HWKN) Neutral Rating Reiterated at BWS Financial

Hawkins (NASDAQ:HWKN)‘s stock had its “neutral” rating reissued by equities research analysts at BWS Financial in a note issued to investors on Friday,Benzinga reports. They currently have a $122.00 target price on the specialty chemicals company’s stock. BWS Financial’s target price suggests a potential upside of 14.11% from the stock’s current price.

Hawkins Price Performance

HWKN opened at $106.91 on Friday. The stock’s 50 day simple moving average is $123.20 and its 200 day simple moving average is $121.08. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.27 and a quick ratio of 1.39. Hawkins has a 1 year low of $54.44 and a 1 year high of $139.55. The firm has a market cap of $2.24 billion, a price-to-earnings ratio of 27.27, a PEG ratio of 4.03 and a beta of 0.84.

Hawkins (NASDAQ:HWKN) last posted its quarterly earnings results on Wednesday, January 29th. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.05). Hawkins had a return on equity of 19.33% and a net margin of 8.60%. As a group, analysts predict that Hawkins will post 4.12 earnings per share for the current year.

Institutional Investors Weigh In On Hawkins

Several institutional investors and hedge funds have recently bought and sold shares of the business. Ellsworth Advisors LLC lifted its holdings in Hawkins by 1.2% in the 3rd quarter. Ellsworth Advisors LLC now owns 7,560 shares of the specialty chemicals company’s stock worth $964,000 after buying an additional 89 shares during the period. New York State Teachers Retirement System lifted its holdings in Hawkins by 0.7% in the 4th quarter. New York State Teachers Retirement System now owns 13,527 shares of the specialty chemicals company’s stock worth $1,659,000 after buying an additional 100 shares during the period. GAMMA Investing LLC lifted its stake in shares of Hawkins by 71.8% in the 3rd quarter. GAMMA Investing LLC now owns 402 shares of the specialty chemicals company’s stock valued at $51,000 after purchasing an additional 168 shares during the period. Values First Advisors Inc. lifted its stake in shares of Hawkins by 1.4% in the 4th quarter. Values First Advisors Inc. now owns 12,056 shares of the specialty chemicals company’s stock valued at $1,479,000 after purchasing an additional 170 shares during the period. Finally, Blue Trust Inc. lifted its stake in shares of Hawkins by 155.4% in the 4th quarter. Blue Trust Inc. now owns 355 shares of the specialty chemicals company’s stock valued at $44,000 after purchasing an additional 216 shares during the period. Hedge funds and other institutional investors own 69.71% of the company’s stock.

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.