Headlines about Blackhawk Network (NASDAQ:HAWK) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blackhawk Network earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the credit services provider an impact score of 46.7256591580476 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern’s scoring:
HAWK traded down $0.10 during midday trading on Friday, hitting $44.60. 682,778 shares of the company traded hands, compared to its average volume of 1,089,087. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market capitalization of $2,523.42, a P/E ratio of -16.10, a P/E/G ratio of 4.58 and a beta of 0.71. Blackhawk Network has a 52 week low of $32.60 and a 52 week high of $47.00.
Blackhawk Network (NASDAQ:HAWK) last posted its earnings results on Tuesday, February 27th. The credit services provider reported $1.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.28 by $0.04. The business had revenue of $423.18 million for the quarter, compared to analysts’ expectations of $384.70 million. Blackhawk Network had a negative net margin of 6.98% and a negative return on equity of 18.94%. research analysts forecast that Blackhawk Network will post 0.56 EPS for the current fiscal year.
Several analysts recently commented on HAWK shares. BidaskClub downgraded shares of Blackhawk Network from a “sell” rating to a “strong sell” rating in a research report on Friday, December 22nd. First Analysis downgraded shares of Blackhawk Network from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, January 23rd. Zacks Investment Research downgraded shares of Blackhawk Network from a “buy” rating to a “hold” rating in a research report on Wednesday, January 17th. SunTrust Banks downgraded shares of Blackhawk Network from a “buy” rating to a “hold” rating in a research report on Wednesday, January 31st. Finally, Craig Hallum downgraded shares of Blackhawk Network from a “buy” rating to a “hold” rating in a research report on Tuesday, January 16th. Fourteen equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $46.02.
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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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