Hillman Solutions (NASDAQ:HLMN) Announces Quarterly Earnings Results

Hillman Solutions (NASDAQ:HLMN - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.10 EPS for the quarter, meeting analysts' consensus estimates of $0.10, Zacks reports. Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. The firm had revenue of $359.34 million for the quarter, compared to analyst estimates of $358.14 million. During the same period in the previous year, the business earned $0.10 earnings per share. The company's revenue for the quarter was up 2.6% compared to the same quarter last year. Hillman Solutions updated its FY 2025 guidance to EPS.

Hillman Solutions Trading Up 1.6 %

Hillman Solutions stock traded up $0.11 during midday trading on Friday, hitting $7.14. 1,707,263 shares of the stock were exchanged, compared to its average volume of 1,023,390. Hillman Solutions has a 52 week low of $6.64 and a 52 week high of $12.08. The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $1.41 billion, a PE ratio of 89.26 and a beta of 1.67. The company has a fifty day simple moving average of $8.44 and a two-hundred day simple moving average of $9.75.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Barclays cut their price objective on Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Benchmark reiterated a "buy" rating and set a $16.00 target price on shares of Hillman Solutions in a research report on Wednesday, February 19th. Baird R W lowered Hillman Solutions from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 16th. Finally, Robert W. Baird lowered their target price on shares of Hillman Solutions from $9.00 to $8.00 and set a "neutral" rating for the company in a report on Wednesday. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $11.25.

About Hillman Solutions

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.