In yesterday’s Wall Street session, Hillman Solutions Corp (NASDAQ:HLMN) shares traded at $9.88, up 0.92% from the previous session.
HLMN stock price is now -9.17% away from the 50-day moving average and -0.60% away from the 200-day moving average. The market capitalization of the company currently stands at $1.94B.
With the price target maintained at $9, Barclays recently Downgraded its rating from Overweight to Equal Weight for Hillman Solutions Corp (NASDAQ: HLMN). On July 11, 2023, Canaccord Genuity recently initiated its ‘Buy’ rating on the stock quoting a target price of $12, while ‘Imperial Capital’ rates the stock as ‘Outperform’
In other news, Woodlief Philip, Director sold 19,779 shares of the company’s stock on Dec 06 ’24. The stock was sold for $221,129 at an average price of $11.18. Upon completion of the transaction, the Director now directly owns 55,811 shares in the company, valued at $0.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 06 ’24, Director Woodlief Philip bought 19,779 shares of the business’s stock. A total of $221,116 was incurred on buying the stock at an average price of $11.18. A total of 1.16% of the company’s stock is owned by insiders.
During the past 12 months, Hillman Solutions Corp has had a low of $8.43 and a high of $12.08. As of last week, the company has a debt-to-equity ratio of 0.71, a current ratio of 2.32, and a quick ratio of 0.76. According to the stock market information, the enterprise value for the company is $2733847552, which is based on a 239.23 price-to-earnings ratio, a 19.94 price-to-earnings-growth ratio, and a beta of 1.67. The fifty day moving average price for HLMN is $10.8895 and a two-hundred day moving average price translates $9.9395 for the stock.
The latest earnings results from Hillman Solutions Corp (NASDAQ: HLMN) was released for 2024-09-28. The net profit margin was 0.57% and return on equity was 0.72% for HLMN. The company reported revenue of $393.3 million for the quarter, compared to $398.94 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.42 percent.
