Hillman Solutions (HLMN) Set to Announce Earnings on Tuesday

Hillman Solutions (NASDAQ:HLMN) is scheduled to be releasing its earnings data before the market opens on Tuesday, May 7th. Analysts expect Hillman Solutions to post earnings of $0.08 per share for the quarter. Hillman Solutions has set its FY 2024 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Hillman Solutions (NASDAQ:HLMN) last issued its quarterly earnings results on Thursday, February 22nd. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. Hillman Solutions had a positive return on equity of 6.88% and a negative net margin of 0.65%. The company had revenue of $347.81 million during the quarter, compared to the consensus estimate of $344.98 million. During the same period last year, the business posted $0.05 earnings per share. Hillman Solutions’s revenue was down .8% on a year-over-year basis. On average, analysts expect Hillman Solutions to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hillman Solutions Trading Up 1.0 %

Shares of Hillman Solutions stock opened at $9.98 on Friday. Hillman Solutions has a 1 year low of $6.02 and a 1 year high of $10.85. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.46 and a quick ratio of 0.74. The stock has a fifty day moving average price of $9.91 and a 200-day moving average price of $8.78. The firm has a market cap of $1.95 billion, a PE ratio of -199.56 and a beta of 1.73.

Insider Activity

In other Hillman Solutions news, insider Randall J. Fagundo sold 250,546 shares of the firm’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $9.63, for a total value of $2,412,757.98. Following the sale, the insider now owns 45,440 shares of the company’s stock, valued at approximately $437,587.20. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider Randall J. Fagundo sold 250,546 shares of Hillman Solutions stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $9.63, for a total transaction of $2,412,757.98. Following the sale, the insider now directly owns 45,440 shares in the company, valued at $437,587.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Gary Seeds sold 163,975 shares of the stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $9.53, for a total transaction of $1,562,681.75. Following the completion of the transaction, the executive vice president now owns 294,722 shares of the company’s stock, valued at $2,808,700.66. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 618,658 shares of company stock valued at $5,958,077. 4.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

HLMN has been the topic of a number of research reports. Stifel Nicolaus restated a “buy” rating and issued a $16.00 price objective (up from $14.00) on shares of Hillman Solutions in a research note on Monday, April 1st. Canaccord Genuity Group boosted their target price on Hillman Solutions from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Finally, Barclays raised 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, February 26th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $11.63.

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.