Hillman Solutions Corp (NASDAQ:HLMN) Given Consensus Recommendation of “Moderate Buy” by Analysts

Hillman Solutions Corp (NASDAQ:HLMN) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $11.92.

A number of research analysts have issued reports on HLMN shares. Barclays boosted their target price on shares of Hillman Solutions from $9.00 to $10.00 and gave the company an “equal weight” rating in a research note on Monday, August 12th. Benchmark reaffirmed a “buy” rating and issued a $13.00 price target on shares of Hillman Solutions in a research note on Thursday, August 8th.

Institutional Trading of Hillman Solutions

A number of institutional investors have recently made changes to their positions in HLMN. Benjamin F. Edwards & Company Inc. acquired a new stake in Hillman Solutions during the first quarter valued at approximately $46,000. Canada Pension Plan Investment Board acquired a new stake in Hillman Solutions during the second quarter valued at approximately $57,000. Institute for Wealth Management LLC. acquired a new stake in Hillman Solutions during the second quarter valued at approximately $101,000. MBB Public Markets I LLC acquired a new stake in Hillman Solutions during the second quarter valued at approximately $133,000. Finally, Counterpoint Mutual Funds LLC acquired a new stake in Hillman Solutions during the first quarter valued at approximately $140,000. 98.11% of the stock is owned by institutional investors and hedge funds.

Hillman Solutions Trading Up 0.4 %

Hillman Solutions stock opened at $9.54 on Thursday. The company has a quick ratio of 0.77, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. The firm has a 50-day moving average price of $9.46 and a two-hundred day moving average price of $9.52. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of -953.05 and a beta of 1.66. Hillman Solutions has a 52-week low of $6.02 and a 52-week high of $10.85.

Hillman Solutions (NASDAQ:HLMN) last posted its earnings results on Tuesday, August 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. The firm had revenue of $379.43 million during the quarter, compared to analyst estimates of $383.53 million. Hillman Solutions had a net margin of 0.41% and a return on equity of 7.96%. During the same period in the previous year, the business posted $0.13 EPS. Sell-side analysts expect that Hillman Solutions will post 0.53 earnings per share for the current year.

Hillman Solutions Company Profile

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.