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Blackhawk Network Holdings (NASDAQ:HAWK) has received an average rating of “Hold” from the fourteen brokerages that are presently covering the stock, AnalystRatings.NET reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $28.25.

A number of research firms have recently commented on HAWK. Analysts at Zacks downgraded shares of Blackhawk Network Holdings from a “neutral” rating to an “underperform” rating in a research note on Tuesday, August 19th. They now have a $27.50 price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Blackhawk Network Holdings from $27.00 to $32.00 in a research note on Monday, July 21st. They now have a “buy” rating on the stock. Finally, analysts at Citigroup Inc. initiated coverage on shares of Blackhawk Network Holdings in a research note on Friday, July 18th. They set a “buy” rating on the stock.

Blackhawk Network Holdings (NASDAQ:HAWK) traded down 0.18% on Wednesday, hitting $27.93. 2,814 shares of the company’s stock traded hands. Blackhawk Network Holdings has a one year low of $20.25 and a one year high of $29.73. The stock has a 50-day moving average of $27.95 and a 200-day moving average of $26.00. The company has a market cap of $1.476 billion and a P/E ratio of 28.21.

Blackhawk Network Holdings (NASDAQ:HAWK) last issued its quarterly earnings data on Wednesday, July 16th. The company reported $0.17 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.11. The company had revenue of $283.90 million for the quarter, compared to the consensus estimate of $281.53 million. During the same quarter last year, the company posted $0.16 earnings per share. Blackhawk Network Holdings’s revenue was up 25.7% compared to the same quarter last year. On average, analysts predict that Blackhawk Network Holdings will post $1.24 earnings per share for the current fiscal year.

Blackhawk Network Holdings, Inc is a prepaid payment network utilizing technology to offer a range of gift cards, other prepaid products and payment services in the United States and 18 other countries.

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