Hillman Solutions Corp. (NASDAQ:HLMN – Get Free Report) CFO Robert Kraft acquired 35,500 shares of the stock in a transaction that occurred on Friday, September 11th. The stock was purchased at an average cost of $7.00 per share, with a total value of $248,500.00. Following the completion of the acquisition, the chief financial officer owned 697,090 shares of the company’s stock, valued at $4,879,630. The trade was a 5.37% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Hillman Solutions Trading Up 1.0%
Shares of NASDAQ HLMN opened at $7.32 on Thursday. The company has a quick ratio of 0.87, a current ratio of 2.71 and a debt-to-equity ratio of 0.55. The stock’s 50 day moving average price is $8.08 and its two-hundred day moving average price is $8.03. Hillman Solutions Corp. has a 52-week low of $6.91 and a 52-week high of $10.85. The stock has a market capitalization of $1.42 billion, a P/E ratio of 33.27, a PEG ratio of 1.02 and a beta of 1.38.
Hillman Solutions (NASDAQ:HLMN – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. The company had revenue of $442.25 million during the quarter, compared to analyst estimates of $433.67 million. Hillman Solutions had a return on equity of 9.11% and a net margin of 2.57%. On average, analysts anticipate that Hillman Solutions Corp. will post 0.6 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Hillman Solutions
Analysts Set New Price Targets
A number of research firms have recently issued reports on HLMN. Jefferies Financial Group upgraded shares of Hillman Solutions to a “strong-buy” rating in a research report on Thursday, September 10th. Canaccord Genuity Group dropped their price objective on shares of Hillman Solutions from $14.00 to $13.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Barclays raised their target price on shares of Hillman Solutions from $10.00 to $11.00 and gave the stock an “equal weight” rating in a report on Monday, August 10th. Finally, Weiss Ratings upgraded Hillman Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Hillman Solutions has a consensus rating of “Moderate Buy” and an average target price of $12.67.
View Our Latest Stock Analysis on HLMN
About Hillman Solutions
Hillman Solutions Corp. is a provider of hardware-related products and services to retailers and consumers across North America. The company supplies merchandise and in-store solutions designed to help customers maintain, repair, secure and organize their homes, vehicles and other property.
Its product portfolio includes keys and key-duplication services, key accessories, locks, identification products, fasteners, wall-hanging hardware, bath hardware, specialty hardware and other home-improvement items.
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