Hawkins (NASDAQ:HWKN) Posts Quarterly Earnings Results, Misses Expectations By $0.05 EPS

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

Hawkins Trading Down 0.2 %

Shares of HWKN stock traded down $0.29 during trading hours on Wednesday, hitting $116.11. 159,542 shares of the company were exchanged, compared to its average volume of 145,427. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.39 and a current ratio of 2.27. Hawkins has a fifty-two week low of $54.44 and a fifty-two week high of $139.55. The company has a 50 day simple moving average of $124.32 and a two-hundred day simple moving average of $121.10. The firm has a market cap of $2.43 billion, a P/E ratio of 29.70, a P/E/G ratio of 4.09 and a beta of 0.84.

Analyst Ratings Changes

Separately, BWS Financial restated a “neutral” rating and issued a $122.00 price target on shares of Hawkins in a research report 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.