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.

A number of analysts gave price targets for HAWK. The highest price target was 55, implying a possible profit of 21.68 percent. The lowest price target was 42, which equates to a potential downside of -7.08 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -52.3 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -168.94 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 7.47 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -30.02 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.

In the trailing 52-weeks, HAWK hit 46.70 at the highest peak, while it's lowest trading point was 28.88. 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 P/E 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 market cap of HAWK is $2.56 billion. HAWK's next earnings release will be on 0000-00-00, which is days away.