Hillman Solutions Corp (NASDAQ:HLMN) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Hillman Solutions Corp (NASDAQ:HLMN) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $11.92.

Several research analysts recently weighed in on HLMN shares. Barclays upped their price target on Hillman Solutions from $9.00 to $10.00 and gave the company an “equal weight” rating in a research report on Monday, August 12th. Benchmark reiterated a “buy” rating and issued a $13.00 target price on shares of Hillman Solutions in a report on Thursday, August 8th.

Hillman Solutions Stock Up 0.4 %

HLMN stock opened at $9.54 on Thursday. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.77. The firm has a market capitalization of $1.87 billion, a P/E ratio of -953.05 and a beta of 1.66. Hillman Solutions has a 52-week low of $6.02 and a 52-week high of $10.85. The company’s 50 day simple moving average is $9.46 and its 200-day simple moving average is $9.52.

Hillman Solutions (NASDAQ:HLMN) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. The firm had revenue of $379.43 million for the quarter, compared to analysts’ expectations of $383.53 million. Hillman Solutions had a net margin of 0.41% and a return on equity of 7.96%. During the same period in the previous year, the company posted $0.13 EPS. As a group, equities research analysts anticipate that Hillman Solutions will post 0.53 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of Hillman Solutions during the 1st quarter worth about $46,000. Canada Pension Plan Investment Board acquired a new position in Hillman Solutions in the second quarter worth approximately $57,000. Institute for Wealth Management LLC. acquired a new position in Hillman Solutions in the second quarter worth approximately $101,000. MBB Public Markets I LLC bought a new position in Hillman Solutions during the second quarter valued at approximately $133,000. Finally, Counterpoint Mutual Funds LLC acquired a new stake in Hillman Solutions in the first quarter valued at approximately $140,000. Hedge funds and other institutional investors own 98.11% of the company’s stock.

Hillman Solutions Company Profile

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers.