Analyst Ratings for Blackhawk Network Holdings Inc. (HAWK)Updated: 2017-07-27
An average rating of Buy has been given to Blackhawk Network Holdings Inc. (NASDAQ:HAWK) by analysts covering the stock. A consensus rating of Overweight was previously issued for HAWK last month.
15 analysts issued ratings on the stock, where 11 gave HAWK a buy rating, 1 gave an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 3. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
HAWK was given price targets by several analysts. The maximum price target given was 55, implying a possible profit of 21.68 percent. The most pessimistic analyst gave a price target of 42, which equates to a potential downside of -7.08 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -52.3 percent. That number becomes -168.94 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 7.47 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -30.02 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
HAWK has traded between a high of 46.70 and a low of 28.88 over the past year. The current market price is above the trailing year's low by 56.51 percent, and 3.21 percent below the high. HAWK has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The HAWK value stock report compares HAWK to some of its peers using value stock charts. The stock has a market capitalization of $2.56 billion. HAWK will post this quarters earnings in days, on 0000-00-00.