Press coverage about Blackhawk Network (NASDAQ:HAWK) has trended somewhat positive on Thursday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Blackhawk Network earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave media headlines about the credit services provider an impact score of 46.4847995634898 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
Shares of Blackhawk Network (HAWK) opened at $36.85 on Thursday. The company has a market capitalization of $2,090.00, a PE ratio of -409.44, a P/E/G ratio of 3.59 and a beta of 0.48. Blackhawk Network has a 1-year low of $32.60 and a 1-year high of $46.70. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.74.
Blackhawk Network (NASDAQ:HAWK) last issued its quarterly earnings data on Wednesday, October 11th. The credit services provider reported $0.18 EPS for the quarter, beating the consensus estimate of $0.11 by $0.07. Blackhawk Network had a positive return on equity of 4.12% and a negative net margin of 0.14%. The company had revenue of $419.30 million for the quarter, compared to analyst estimates of $439.32 million. During the same period last year, the company earned $0.14 earnings per share. Blackhawk Network’s quarterly revenue was up 16.0% compared to the same quarter last year. analysts predict that Blackhawk Network will post 0.41 EPS for the current year.
HAWK has been the topic of several recent research reports. BidaskClub raised Blackhawk Network from a “strong sell” rating to a “sell” rating in a report on Saturday, December 30th. Zacks Investment Research raised Blackhawk Network from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. Deutsche Bank reissued a “buy” rating and set a $51.00 target price on shares of Blackhawk Network in a research report on Friday, November 3rd. Mizuho downgraded Blackhawk Network from a “buy” rating to a “neutral” rating and set a $50.00 target price on the stock. in a research report on Wednesday, October 18th. Finally, SunTrust Banks set a $43.00 price objective on Blackhawk Network and gave the company a “buy” rating in a research report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $47.17.
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Blackhawk Network Company Profile
Blackhawk Network Holdings, Inc is a prepaid payment network. The Company operates through three segments: U.S. Retail, International, and Incentives & Rewards. The U.S. Retail segment is engaged in the sale of prepaid products to consumers at its retail distribution partners and online and the sale of telecom handsets to retail distribution partners for resale to consumers.
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