Hillman Solutions (HLMN) Scheduled to Post Earnings on Tuesday

Hillman Solutions (NASDAQ:HLMN) is scheduled to post its quarterly earnings results before the market opens on Tuesday, August 6th. Analysts expect Hillman Solutions to post earnings of $0.14 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Hillman Solutions (NASDAQ:HLMN) last announced its quarterly earnings results on Tuesday, May 7th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. The firm had revenue of $350.31 million during the quarter, compared to the consensus estimate of $354.47 million. Hillman Solutions had a negative net margin of 0.13% and a positive return on equity of 7.50%. The firm’s quarterly revenue was up .2% on a year-over-year basis. During the same period last year, the firm posted $0.06 EPS. 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 Performance

NASDAQ HLMN opened at $9.38 on Monday. The company has a 50 day moving average of $9.14 and a 200-day moving average of $9.43. The company has a current ratio of 2.49, a quick ratio of 0.78 and a debt-to-equity ratio of 0.65. Hillman Solutions has a 1-year low of $6.02 and a 1-year high of $10.85. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of -937.06 and a beta of 1.66.

Insider Buying and Selling at Hillman Solutions

In other news, Director Aaron Jagdfeld sold 49,447 shares of Hillman Solutions stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $9.04, for a total transaction of $447,000.88. Following the transaction, the director now directly owns 197,031 shares of the company’s stock, valued at $1,781,160.24. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 5.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Robert W. Baird lifted their price target on Hillman Solutions from $10.00 to $11.00 and gave the company an “outperform” rating in a report on Wednesday, May 8th. Barclays lowered their price target on shares of Hillman Solutions from $10.00 to $9.00 and set an “equal weight” rating for the company in a research report on Friday, July 12th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $11.58.

About Hillman Solutions

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.