Hawkins, Inc. (HWKN) Scheduled to Post Earnings on Tuesday
Hawkins (NASDAQ:HWKN) last announced its earnings results on Tuesday, August 8th. The specialty chemicals company reported $0.55 earnings per share for the quarter. Hawkins had a return on equity of 9.53% and a net margin of 4.28%. The firm had revenue of $133.73 million during the quarter. On average, analysts expect Hawkins to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Hawkins, Inc. (NASDAQ HWKN) traded up 0.38% during mid-day trading on Tuesday, reaching $39.95. The company had a trading volume of 8,463 shares. The company has a market capitalization of $425.99 million, a price-to-earnings ratio of 20.37 and a beta of 0.78. The firm’s 50-day moving average is $39.42 and its 200 day moving average is $44.19. Hawkins, Inc. has a 12 month low of $35.15 and a 12 month high of $54.80.
The firm also recently declared a semiannual dividend, which was paid on Friday, October 6th. Shareholders of record on Friday, September 22nd were given a dividend of $0.44 per share. This represents a yield of 2.16%. The ex-dividend date of this dividend was Thursday, September 21st. This is an increase from Hawkins’s previous semiannual dividend of $0.42. Hawkins’s payout ratio is 44.67%.
In other news, Director Mary J. Schumacher bought 1,400 shares of the firm’s stock in a transaction dated Monday, August 28th. The shares were bought at an average price of $35.80 per share, with a total value of $50,120.00. Following the completion of the transaction, the director now owns 6,616 shares of the company’s stock, valued at $236,852.80. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Richard G. Erstad sold 1,200 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $40.59, for a total value of $48,708.00. Following the completion of the transaction, the vice president now directly owns 9,300 shares in the company, valued at approximately $377,487. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by corporate insiders.
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Several research firms have recently commented on HWKN. BidaskClub downgraded Hawkins from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. TheStreet downgraded Hawkins from a “b” rating to a “c+” rating in a research report on Tuesday, August 15th.
Hawkins Company Profile
Hawkins, Inc distributes, blends and manufactures chemicals and specialty ingredients for its customers in a range of industries. The Company conducts its business in three segments: Industrial, Water Treatment, and Health and Nutrition. Its Industrial segment is engaged in providing industrial chemicals, products and services to various industries, such as agriculture, chemical processing, electronics and energy.
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