Hillman Solutions (HLMN) to Release Earnings on Tuesday

Hillman Solutions (NASDAQ:HLMN) is scheduled to announce its earnings results before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Hillman Solutions has set its FY 2024 guidance at EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

Hillman Solutions (NASDAQ:HLMN) last released its quarterly earnings data on Thursday, February 22nd. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. The firm had revenue of $347.81 million during the quarter, compared to the consensus estimate of $344.98 million. Hillman Solutions had a negative net margin of 0.65% and a positive return on equity of 6.88%. The firm’s revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.05 earnings per share. On average, analysts expect Hillman Solutions to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hillman Solutions Stock Up 1.0 %

Shares of NASDAQ:HLMN opened at $9.98 on Monday. The company’s fifty day moving average is $9.91 and its two-hundred day moving average is $8.80. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.74 and a current ratio of 2.46. Hillman Solutions has a 1-year low of $6.02 and a 1-year high of $10.85. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of -199.56 and a beta of 1.73.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on HLMN shares. Stifel Nicolaus reissued a “buy” rating and issued a $16.00 target price (up previously from $14.00) on shares of Hillman Solutions in a report on Monday, April 1st. Canaccord Genuity Group upped their price objective on Hillman Solutions from $11.00 to $12.00 and gave the stock a “buy” rating in a research note on Friday, February 23rd. Finally, Barclays increased their target price on Hillman Solutions from $9.00 to $10.00 and gave the stock an “equal weight” rating in a research report on Monday, February 26th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $11.63.

Insider Buying and Selling

In other Hillman Solutions news, COO Jon Michael Adinolfi sold 110,000 shares of Hillman Solutions stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $9.81, for a total transaction of $1,079,100.00. Following the sale, the chief operating officer now owns 659,889 shares of the company’s stock, valued at approximately $6,473,511.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, COO Jon Michael Adinolfi sold 110,000 shares of the stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $9.81, for a total value of $1,079,100.00. Following the completion of the transaction, the chief operating officer now owns 659,889 shares in the company, valued at approximately $6,473,511.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Randall J. Fagundo sold 85,207 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $9.58, for a total transaction of $816,283.06. Following the sale, the insider now owns 45,440 shares in the company, valued at $435,315.20. The disclosure for this sale can be found here. Insiders sold 618,658 shares of company stock valued at $5,958,077 in the last three months. 4.10% of the stock is currently owned by corporate insiders.

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.