Hawkins (NASDAQ:HWKN) Announces Quarterly Earnings Results, Misses Estimates By $0.05 EPS

Hawkins (NASDAQ:HWKN) posted its quarterly earnings results on Wednesday. The specialty chemicals company reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.05), Zacks reports. Hawkins had a return on equity of 19.64% and a net margin of 8.74%.

Hawkins Stock Down 0.2 %

NASDAQ HWKN traded down $0.29 during mid-day trading on Wednesday, hitting $116.11. The company’s stock had a trading volume of 160,476 shares, compared to its average volume of 145,427. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 29.70, a PEG ratio of 4.09 and a beta of 0.84. The company’s 50 day simple moving average is $124.32 and its 200 day simple moving average is $121.10. The company has a current ratio of 2.27, a quick ratio of 1.39 and a debt-to-equity ratio of 0.21. Hawkins has a twelve month low of $54.44 and a twelve month high of $139.55.

Wall Street Analyst Weigh In

Separately, BWS Financial restated a “neutral” rating and issued a $122.00 target price on shares of Hawkins in a research note on Thursday, October 31st.

Hawkins Company Profile

Hawkins, Inc operates as a specialty chemical and ingredients company in the United States. It operates through three segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment offers industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.