Equities research analysts expect that Blackhawk Network Holdings Inc (NASDAQ:HAWK) will report $1.27 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Six analysts have issued estimates for Blackhawk Network’s earnings, with estimates ranging from $1.24 to $1.29. Blackhawk Network reported earnings per share of $1.00 during the same quarter last year, which suggests a positive year over year growth rate of 27%. The firm is scheduled to issue its next quarterly earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Blackhawk Network will report full year earnings of $1.60 per share for the current year, with EPS estimates ranging from $1.56 to $1.65. For the next year, analysts anticipate that the firm will report earnings of $1.96 per share, with EPS estimates ranging from $1.80 to $2.15. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that that provide coverage for Blackhawk Network.

A number of brokerages have weighed in on HAWK. BidaskClub lowered shares of Blackhawk Network from a “hold” rating to a “sell” rating in a research note on Friday. SunTrust Banks lowered shares of Blackhawk Network from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. Jefferies Group lowered shares of Blackhawk Network from a “buy” rating to a “hold” rating in a research note on Monday, January 29th. First Analysis lowered shares of Blackhawk Network from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 23rd. Finally, BMO Capital Markets lowered shares of Blackhawk Network from an “outperform” rating to a “market perform” rating and cut their price target for the company from $51.00 to $45.00 in a research note on Monday, January 22nd. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $47.27.

Blackhawk Network (HAWK) opened at $44.75 on Tuesday. The stock has a market cap of $2,540.00, a P/E ratio of -497.22, a P/E/G ratio of 4.72 and a beta of 0.73. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.86 and a current ratio of 0.86. Blackhawk Network has a 1-year low of $32.60 and a 1-year high of $47.00.

Hedge funds have recently made changes to their positions in the company. First Quadrant L P CA bought a new stake in shares of Blackhawk Network in the fourth quarter worth $120,000. We Are One Seven LLC bought a new stake in shares of Blackhawk Network in the fourth quarter worth $155,000. BB&T Securities LLC bought a new stake in shares of Blackhawk Network in the third quarter worth $204,000. Aperio Group LLC bought a new stake in shares of Blackhawk Network in the third quarter worth $205,000. Finally, Fox Run Management L.L.C. bought a new stake in shares of Blackhawk Network in the third quarter worth $272,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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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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