Hillman Solutions Corp. (NASDAQ:HLMN) Given Consensus Recommendation of “Hold” by Analysts

Hillman Solutions Corp. (NASDAQ:HLMNGet Free Report) has earned a consensus recommendation of “Hold” from the five analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $12.25.

HLMN has been the subject of a number of recent research reports. Wall Street Zen lowered shares of Hillman Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Canaccord Genuity Group dropped their price objective on shares of Hillman Solutions from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Finally, Weiss Ratings cut shares of Hillman Solutions from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 15th.

Read Our Latest Stock Analysis on HLMN

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG increased its stake in Hillman Solutions by 112.2% during the fourth quarter. UBS Group AG now owns 2,671,354 shares of the company’s stock worth $23,134,000 after acquiring an additional 1,412,693 shares during the last quarter. Anchor Capital Management Company LLC lifted its stake in shares of Hillman Solutions by 102.5% in the 3rd quarter. Anchor Capital Management Company LLC now owns 1,417,772 shares of the company’s stock valued at $13,015,000 after purchasing an additional 717,772 shares during the last quarter. ArrowMark Colorado Holdings LLC boosted its holdings in shares of Hillman Solutions by 71.6% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 671,000 shares of the company’s stock worth $6,160,000 after purchasing an additional 280,000 shares during the period. Conestoga Capital Advisors LLC boosted its holdings in shares of Hillman Solutions by 4.2% in the 4th quarter. Conestoga Capital Advisors LLC now owns 5,714,463 shares of the company’s stock worth $49,487,000 after purchasing an additional 230,580 shares during the period. Finally, Jennison Associates LLC bought a new position in shares of Hillman Solutions during the 4th quarter valued at approximately $950,000. Hedge funds and other institutional investors own 98.11% of the company’s stock.

Hillman Solutions Price Performance

Hillman Solutions stock traded up $0.04 during midday trading on Friday, reaching $7.73. 876,082 shares of the stock traded hands, compared to its average volume of 1,444,158. The stock’s fifty day moving average is $7.70 and its 200-day moving average is $8.50. Hillman Solutions has a 12 month low of $6.96 and a 12 month high of $10.85. The stock has a market cap of $1.52 billion, a P/E ratio of 40.69, a PEG ratio of 1.07 and a beta of 1.38. The company has a quick ratio of 0.82, a current ratio of 2.95 and a debt-to-equity ratio of 0.59.

Hillman Solutions (NASDAQ:HLMNGet Free Report) last released its quarterly earnings data on Monday, April 27th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The firm had revenue of $370.07 million during the quarter, compared to the consensus estimate of $371.73 million. Hillman Solutions had a return on equity of 9.15% and a net margin of 2.30%.The business’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.10 EPS. As a group, equities research analysts anticipate that Hillman Solutions will post 0.6 EPS for the current year.

About Hillman Solutions

(Get Free Report)

Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company’s portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman’s product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.

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Analyst Recommendations for Hillman Solutions (NASDAQ:HLMN)

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