Blackhawk Network (HAWK) Hits New 1-Year High at $46.73
Blackhawk Network Holdings Inc (NASDAQ:HAWK) shares hit a new 52-week high on Tuesday . The stock traded as high as $46.73 and last traded at $45.20, with a volume of 4675500 shares. The stock had previously closed at $45.25.
Several research analysts recently weighed in on HAWK shares. UBS Group downgraded shares of Blackhawk Network from an “outperform” rating to a “market perform” rating in a report on Thursday, October 12th. SunTrust Banks set a $43.00 target price on shares of Blackhawk Network and gave the stock a “buy” rating in a report on Thursday, October 12th. Raymond James Financial reaffirmed a “market perform” rating on shares of Blackhawk Network in a report on Thursday, October 12th. Bank of America dropped their target price on shares of Blackhawk Network from $50.00 to $46.00 and set a “neutral” rating for the company in a report on Thursday, October 12th. Finally, BMO Capital Markets dropped their target price on shares of Blackhawk Network from $52.00 to $51.00 and set an “outperform” rating for the company in a report on Friday, October 13th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. Blackhawk Network presently has a consensus rating of “Hold” and a consensus target price of $47.27.
The stock has a market cap of $2,660.00, a P/E ratio of -520.56, a P/E/G ratio of 5.46 and a beta of 0.48. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.86 and a quick ratio of 0.86.
Blackhawk Network 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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