Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) is set to release its earnings data after the market closes on Wednesday, July 19th. Analysts expect Blackhawk Network Holdings to post earnings of $0.05 per share for the quarter. Blackhawk Network Holdings has set its FY17 guidance at $1.56-1.70 EPS.
Blackhawk Network Holdings (NASDAQ:HAWK) last released its quarterly earnings results on Wednesday, April 26th. The credit services provider reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.07. Blackhawk Network Holdings had a negative net margin of 0.27% and a positive return on equity of 8.36%. The firm had revenue of $407.20 million during the quarter, compared to analyst estimates of $379.13 million. During the same quarter last year, the business earned $0.46 EPS. The company’s revenue was up 11.1% compared to the same quarter last year. On average, analysts expect Blackhawk Network Holdings to post $1.65 EPS for the current fiscal year and $2.02 EPS for the next fiscal year.
Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) opened at 43.55 on Tuesday. The firm’s 50-day moving average is $42.60 and its 200 day moving average is $39.26. The company’s market cap is $2.45 billion. Blackhawk Network Holdings, Inc. has a 12-month low of $28.88 and a 12-month high of $44.90.
In other Blackhawk Network Holdings news, insider Roche L. Talbott Hoskins sold 20,000 shares of the stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $41.25, for a total value of $825,000.00. Following the completion of the transaction, the insider now owns 240,931 shares in the company, valued at $9,938,403.75. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Joan B. Lockie sold 5,374 shares of the stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $41.53, for a total value of $223,182.22. The disclosure for this sale can be found here. In the last quarter, insiders sold 77,153 shares of company stock valued at $3,198,121. 3.80% of the stock is owned by corporate insiders.
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A number of research firms have recently weighed in on HAWK. BidaskClub lowered Blackhawk Network Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. Citigroup Inc. raised Blackhawk Network Holdings from a “neutral” rating to a “buy” rating and increased their price objective for the company from $39.00 to $47.00 in a research note on Friday, May 19th. Zacks Investment Research lowered Blackhawk Network Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, June 15th. BMO Capital Markets raised Blackhawk Network Holdings from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $40.00 to $50.00 in a research note on Wednesday, June 28th. Finally, TheStreet lowered Blackhawk Network Holdings from a “b-” rating to a “c” rating in a research note on Tuesday, June 20th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $42.00.
Blackhawk Network Holdings Company Profile
Blackhawk Network Holdings, Inc is a prepaid payment network. The Company operates through three segments: U.S. Retail, International, and Incentives & Rewards. The U.S. Retail segment is engaged in the sale of prepaid products to consumers at its retail distribution partners and online and the sale of telecom handsets to retail distribution partners for resale to consumers.
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