Media coverage about Blackhawk Network (NASDAQ:HAWK) has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blackhawk Network earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave news 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 impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
Shares of Blackhawk Network (NASDAQ:HAWK) traded down $0.23 during trading hours on Friday, reaching $45.10. 2,008,665 shares of the company’s stock were exchanged, compared to its average volume of 3,913,907. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $2,570.00, a price-to-earnings ratio of -501.11, a PEG ratio of 5.46 and a beta of 0.73. Blackhawk Network has a one year low of $32.60 and a one year high of $47.00.
Several equities research analysts have issued reports on HAWK shares. BidaskClub raised shares of Blackhawk Network from a “strong sell” rating to a “sell” rating in a research note on Saturday, December 30th. Zacks Investment Research raised shares of Blackhawk Network from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a research note on Wednesday, December 13th. Deutsche Bank reiterated a “buy” rating and set a $51.00 price target on shares of Blackhawk Network in a report on Friday, November 3rd. Mizuho lowered Blackhawk Network from a “buy” rating to a “neutral” rating and set a $50.00 price target on the stock. in a report on Wednesday, October 18th. Finally, SunTrust Banks set a $43.00 price target on Blackhawk Network and gave the stock a “buy” rating in a report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the stock. Blackhawk Network presently has an average rating of “Hold” and an average target price of $47.27.
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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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