Hawkins (HWKN) to Release Quarterly Earnings on Wednesday

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

Hawkins Stock Performance

Shares of HWKN opened at $115.68 on Monday. The firm has a fifty day moving average of $124.75 and a 200-day moving average of $120.85. The company 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. 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 has a 1 year low of $54.44 and a 1 year high of $139.55.

Hawkins Dividend Announcement

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

Analyst Ratings Changes

Separately, BWS Financial restated a “neutral” rating and issued a $122.00 price target on shares of Hawkins in a research note 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.