Hillman Solutions (HLMN) to Announce Quarterly Earnings on Tuesday

Hillman Solutions (NASDAQ:HLMN) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 5th. Analysts expect Hillman Solutions to post earnings of $0.16 per share for the quarter. Hillman Solutions has set its FY 2024 guidance at EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

Hillman Solutions (NASDAQ:HLMN) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.02. The company had revenue of $379.43 million for the quarter, compared to analyst estimates of $383.53 million. Hillman Solutions had a net margin of 0.41% and a return on equity of 7.96%. During the same period in the previous year, the firm posted $0.13 EPS. On average, analysts expect Hillman Solutions to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hillman Solutions Price Performance

Shares of NASDAQ:HLMN opened at $10.82 on Friday. Hillman Solutions has a one year low of $6.02 and a one year high of $11.15. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.77. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 360.79 and a beta of 1.65. The firm has a 50 day simple moving average of $10.25 and a 200 day simple moving average of $9.63.

Analyst Ratings Changes

A number of brokerages have recently commented on HLMN. Canaccord Genuity Group increased their price target on Hillman Solutions from $12.00 to $13.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Benchmark reissued a “buy” rating and set a $13.00 price target on shares of Hillman Solutions in a research note on Thursday, August 8th. Finally, Barclays upped their price objective on Hillman Solutions from $9.00 to $10.00 and gave the company an “equal weight” rating in a research note on Monday, August 12th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $12.08.

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.