Blackhawk Network Holdings Company Profile (NASDAQ:HAWK)

About Blackhawk Network Holdings (HAWK)

Blackhawk Network Holdings logoBlackhawk 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. Its Incentives & Rewards segment is engaged in the sale of prepaid products, software and services to its business clients. It distributes closed loop gift cards in categories, including digital media and e-commerce, dining, electronics, entertainment, fashion and travel. It distributes a range of prepaid wireless or cellular cards. It also provides reloads for reloadable prepaid products, including prepaid telecom accounts and general-purpose reloadable cards. Its incentives businesses provide software, consulting services, program management, reward processing and reward fulfillment to its business clients.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Credit Services
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: HAWK
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $40.70
  • 50 Day Moving Average: $36.93
  • 200 Day Moving Average: $35.62
  • 52-Week Range: $28.88 - $41.00
  • Trailing P/E Ratio: 508.75
  • Foreward P/E Ratio: 20.56
  • P/E Growth: 1.55
  • Market Cap: $2.27B
  • Outstanding Shares: 55,763,000
  • Beta: 0.57
Profitability:
  • Net Margins: 1.15%
  • Return on Equity: 13.30%
  • Return on Assets: 4.04%
Debt:
  • Debt-to-Equity Ratio: 0.55%
  • Current Ratio: 0.98%
  • Quick Ratio: 0.98%

Analyst Ratings

Consensus Ratings for Blackhawk Network Holdings (NASDAQ:HAWK) (?)
Ratings Breakdown: 6 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $40.70 (0.00% downside)

Analysts' Ratings History for Blackhawk Network Holdings (NASDAQ:HAWK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/23/2017First AnalysisBoost Price TargetOverweight$44.00 -> $47.00LowView Rating Details
3/15/2017SunTrust Banks, Inc.Initiated CoverageBuy -> Buy$44.00HighView Rating Details
2/16/2017Jefferies Group LLCReiterated RatingBuy$43.00N/AView Rating Details
2/16/2017Credit Suisse Group AGDowngradeOutperform -> Neutral$37.00 -> $36.00N/AView Rating Details
1/17/2017Citigroup IncDowngradeBuy -> Neutral$41.00N/AView Rating Details
1/5/2017BMO Capital MarketsInitiated CoverageMarket Perform$41.00N/AView Rating Details
1/4/2017GuggenheimInitiated CoverageNeutral$41.00N/AView Rating Details
12/14/2016Craig HallumInitiated CoverageBuy$50.00N/AView Rating Details
10/15/2016WedbushReiterated RatingNeutral$30.00N/AView Rating Details
10/7/2016Bank of America CorpDowngradeBuy -> Neutral$41.00 -> $34.00N/AView Rating Details
3/14/2016Deutsche Bank AGReiterated RatingBuyN/AView Rating Details
2/27/2016GabelliReiterated RatingBuyN/AView Rating Details
7/29/2015ArgusBoost Price TargetBuy$48.00 -> $50.00N/AView Rating Details
6/12/2015Piper Jaffray CompaniesReiterated RatingNeutral$38.00 -> $38.50N/AView Rating Details
(Data available from 3/29/2015 forward)

Earnings

Earnings History for Blackhawk Network Holdings (NASDAQ:HAWK)
Earnings by Quarter for Blackhawk Network Holdings (NASDAQ:HAWK)
Earnings History by Quarter for Blackhawk Network Holdings (NASDAQ:HAWK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
2/15/2017Q4 2016$1.11$1.00$354.80 million$780.60 millionViewListenView Earnings Details
10/11/2016Q3$0.21$0.14$361.60 millionViewListenView Earnings Details
7/19/2016Q216$0.24$0.37$183.84 millionViewListenView Earnings Details
4/26/2016Q116$0.32$0.46$197.97 million$366.50 millionViewListenView Earnings Details
2/23/2016Q415$1.25$1.26$381.31 million$381.10 millionViewListenView Earnings Details
10/13/2015Q315$0.30$0.35$196.31 million$193.40 millionViewListenView Earnings Details
7/21/2015Q215$0.33$0.38$176.25 million$372.20 millionViewListenView Earnings Details
4/28/2015Q115$0.18$0.34$139.22 million$164.40 millionViewListenView Earnings Details
2/26/2015Q414$1.05$1.16$665.05 million$658.90 millionViewListenView Earnings Details
10/8/2014Q314$0.03$0.09$254.80 million$269.00 millionViewN/AView Earnings Details
7/16/2014Q214$0.06$0.17$281.53 million$283.90 millionViewListenView Earnings Details
4/23/2014Q1$0.05$0.05$237.99 million$233.10 millionViewListenView Earnings Details
2/19/2014Q413$0.84$0.81$528.10 million$521.20 millionViewListenView Earnings Details
10/10/2013Q313$0.05$0.08$210.94 million$206.00 millionViewListenView Earnings Details
7/18/2013Q2 2013($0.03)$0.07$237.14 million$225.90 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Blackhawk Network Holdings (NASDAQ:HAWK)
Current Year EPS Consensus Estimate: $1.63 EPS
Next Year EPS Consensus Estimate: $1.98 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q4 20161$1.39$1.39$1.39
Q1 20171$0.34$0.34$0.34
Q2 20171$0.39$0.39$0.39
Q3 20171$0.27$0.27$0.27
Q4 20171$1.56$1.56$1.56
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Blackhawk Network Holdings (NASDAQ:HAWK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Blackhawk Network Holdings (NASDAQ:HAWK)
Insider Ownership Percentage: 3.24%
Institutional Ownership Percentage: 96.11%
Insider Trades by Quarter for Blackhawk Network Holdings (NASDAQ:HAWK)
Institutional Ownership by Quarter for Blackhawk Network Holdings (NASDAQ:HAWK)
Insider Trades by Quarter for Blackhawk Network Holdings (NASDAQ:HAWK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/20/2016David C TateSVPSell28,314$36.42$1,031,195.88View SEC Filing  
7/28/2016Arun SarinDirectorSell25,000$35.92$898,000.00View SEC Filing  
5/17/2016Joan B LockieCAOSell403$31.77$12,803.31View SEC Filing  
11/12/2015William Y. TauscherCEOSell69,457$45.23$3,141,540.11View SEC Filing  
11/11/2015Roche L. Talbott HoskinsPresidentSell17,500$45.26$792,050.00View SEC Filing  
11/2/2015Arun SarinDirectorSell5,000$44.00$220,000.00View SEC Filing  
10/29/2015Jerry N. UlrichCFOSell25,000$42.55$1,063,750.00View SEC Filing  
10/28/2015Arun SarinDirectorSell20,000$42.50$850,000.00View SEC Filing  
10/27/2015Joan B. LockieCAOSell11,184$41.50$464,136.00View SEC Filing  
5/19/2015Mohan S GyaniDirectorSell1,657$37.85$62,717.45View SEC Filing  
5/18/2015Kirsten E RichessonGeneral CounselSell4,375$37.55$164,281.25View SEC Filing  
5/14/2015Christopher C CrumSVPSell14,163$37.11$525,588.93View SEC Filing  
5/14/2015Mohan S GyaniDirectorSell30,000$37.39$1,121,700.00View SEC Filing  
3/19/2015Jerry N UlrichCFOSell25,000$33.27$831,750.00View SEC Filing  
3/19/2015Lawrence F Probst IIIDirectorSell15,000$33.54$503,100.00View SEC Filing  
10/31/2014Paul HazenDirectorBuy2,900$34.36$99,644.00View SEC Filing  
7/31/2014Jerry N UlrichCFOSell27,250$28.00$763,000.00View SEC Filing  
7/22/2014David C TateSVPSell13,296$27.35$363,645.60View SEC Filing  
7/21/2014Joan B LockieCAOSell475$20.39$9,685.25View SEC Filing  
11/1/2013Roche L Talbott HoskinsPresidentSell15,000$23.01$345,150.00View SEC Filing  
10/29/2013Roche L Talbott HoskinsPresidentSell10,000$23.11$231,100.00View SEC Filing  
4/24/2013David E DurantGeneral CounselBuy1,000$23.00$23,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Blackhawk Network Holdings (NASDAQ:HAWK)
Latest Headlines for Blackhawk Network Holdings (NASDAQ:HAWK)
Source:
DateHeadline
americanbankingnews.com logoBlackhawk Network Holdings Inc (HAWK) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 29 at 8:25 PM
prnewswire.com logoBlackhawk Network Announces New Incentives Business Name: Hawk Incentives - PR Newswire (press release)
www.prnewswire.com - March 28 at 10:17 PM
finance.yahoo.com logoBlackhawk Network Announces New Incentives Business Name: Hawk Incentives
finance.yahoo.com - March 28 at 11:30 AM
americanbankingnews.com logoFirst Analysis Boosts Blackhawk Network Holdings Inc (HAWK) Price Target to $47.00
www.americanbankingnews.com - March 23 at 5:46 PM
americanbankingnews.com logoBlackhawk Network Holdings Inc (HAWK) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - March 22 at 11:07 PM
americanbankingnews.com logoZacks Investment Research Upgrades Blackhawk Network Holdings Inc (HAWK) to "Hold"
www.americanbankingnews.com - March 22 at 8:17 AM
americanbankingnews.com logoBlackhawk Network Holdings Inc (HAWK) Now Covered by Analysts at SunTrust Banks, Inc.
www.americanbankingnews.com - March 21 at 10:55 AM
us.rd.yahoo.com logo6:04 am Blackhawk Network will add two new independent directors to its Board, pursuant to an agreement with JANA Partners; co also announces its CFO Jerry Ulrich plans to retire by the end of this year and reaffirms all previous 2017 guida
us.rd.yahoo.com - March 20 at 7:09 PM
biz.yahoo.com logoBLACKHAWK NETWORK HOLDINGS, INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors o
us.rd.yahoo.com - March 20 at 7:09 PM
us.rd.yahoo.com logoBlackhawk adds two directors in deal with Jana Partners
us.rd.yahoo.com - March 20 at 7:09 PM
thestreet.com logoBlackhawk Adds Directors in Pact With Jana Partners
www.thestreet.com - March 20 at 7:09 PM
feeds.benzinga.com logoBlackhawk Network Holdings, Inc. and JANA Partners Announce Addition of Two New Independent Directors to Board
feeds.benzinga.com - March 20 at 7:02 AM
americanbankingnews.com logoBlackhawk Network Holdings Inc (HAWK) Upgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - March 16 at 11:49 PM
prnewswire.com logoResearch Reports Coverage on Credit Services Stocks -- OneMain, MoneyGram, Blackhawk Network, and PHH Corp. - PR Newswire (press release)
www.prnewswire.com - March 15 at 5:54 PM
finance.yahoo.com logoBlackhawk Network Expands International Digital Incentives and Rewards Card Portfolio
finance.yahoo.com - March 7 at 11:16 AM
marketwatch.com logo10-K: BLACKHAWK NETWORK HOLDINGS, INC
www.marketwatch.com - February 27 at 6:58 PM
biz.yahoo.com logoBLACKHAWK NETWORK HOLDINGS, INC Files SEC form 10-K, Annual Report
biz.yahoo.com - February 27 at 6:58 PM
biz.yahoo.com logoQ4 2016 Blackhawk Network Holdings Inc Earnings Release - After Market Close
us.rd.yahoo.com - February 16 at 5:31 PM
us.rd.yahoo.com logoBlackhawk Announces Fourth Quarter and Full Year 2016 Financial Results
us.rd.yahoo.com - February 16 at 5:31 PM
biz.yahoo.com logoBLACKHAWK NETWORK HOLDINGS, INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statemen
us.rd.yahoo.com - February 16 at 5:31 PM
marketwatch.com logoBlackhawk shares fall 10% after earnings miss, outlook
us.rd.yahoo.com - February 16 at 5:31 PM
biz.yahoo.com logoBlackhawk Network Holdings Inc Earnings Call scheduled for 5:00 pm ET today
us.rd.yahoo.com - February 16 at 5:31 PM
prnewswire.com logoBlackhawk Network Launches Same-Day Rebate Reward Fulfillment - PR Newswire (press release)
www.prnewswire.com - February 11 at 4:21 AM
prnewswire.com logoCredit Services Stocks on Investors' Radar -- CIT Group, Total System Services, OneMain, and Blackhawk Network - PR Newswire (press release)
www.prnewswire.com - January 30 at 11:33 AM
prnewswire.com logoUsing Branded Value to Drive Engagement and Incentivize Behavior: Blackhawk Network Partners with Upside, a New ... - PR Newswire (press release)
www.prnewswire.com - January 19 at 7:22 PM
finance.yahoo.com logoUsing Branded Value to Drive Engagement and Incentivize Behavior: Blackhawk Network Partners with Upside, a New Business Travel Solution
finance.yahoo.com - January 17 at 3:37 PM
nasdaq.com logoBlackhawk Network Holdings, Inc. Announces Dates for Fourth Quarter 2016 Earnings and Inaugural Financial Analyst ... - Nasdaq
www.nasdaq.com - January 8 at 12:33 AM

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Frequently Asked Questions for Blackhawk Network Holdings (NASDAQ:HAWK)

What is Blackhawk Network Holdings' stock symbol?

Blackhawk Network Holdings trades on the NASDAQ under the ticker symbol "HAWK."

How were Blackhawk Network Holdings' earnings last quarter?

Blackhawk Network Holdings Inc (NASDAQ:HAWK) announced its quarterly earnings data on Wednesday, February, 15th. The company reported $1.00 EPS for the quarter, missing the consensus estimate of $1.11 by $0.11. The business had revenue of $780.60 million for the quarter, compared to analyst estimates of $354.80 million. Blackhawk Network Holdings had a net margin of 1.15% and a return on equity of 13.30%. The business's revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.26 earnings per share.

When will Blackhawk Network Holdings make its next earnings announcement?

Blackhawk Network Holdings is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

What guidance has Blackhawk Network Holdings issued on next quarter's earnings?

Blackhawk Network Holdings updated its FY17 earnings guidance on Wednesday, February, 15th. The company provided earnings per share guidance of $1.56-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.90. The company issued revenue guidance of $2.148-2.312 billion, compared to the consensus revenue estimate of $2.25 billion.

Where is Blackhawk Network Holdings' stock going? Where will Blackhawk Network Holdings' stock price be in 2017?

10 brokers have issued 1 year target prices for Blackhawk Network Holdings' stock. Their forecasts range from $30.00 to $50.00. On average, they anticipate Blackhawk Network Holdings' stock price to reach $40.70 in the next twelve months.

What are analysts saying about Blackhawk Network Holdings stock?

Here are some recent quotes from research analysts about Blackhawk Network Holdings stock:

  • 1. According to Zacks Investment Research, "Blackhawk Network Holdings, Inc. is a provider of prepaid and financial payments products for consumers and businesses. The company distributes gift cards, prepaid handsets and prepaid financial services products. Blackhawk Network Holdings, Inc. is headquartered in Pleasanton, California. " (3/29/2017)
  • 2. Jefferies Group LLC analysts commented, "Q4 results missed due in large part to EMV with revs 4.3% below Street and EPS at $1.00 (vs. Street at $1.10). F17 EPS guidance also fell short at $1.63 at midpoint vs. the Street's $1.89 (with EMV not yet fully resolved in '17). The stock will likely pull back as investors were expecting EMV-related upside in 2017 rather than a shortfall. At the same time, plenty of non-recurring factors in '17 as well as the new Target deal may point to a healthier 2018." (2/16/2017)
  • 3. Credit Suisse Group AG analysts commented, "We had been optimistic that 2017 EPS guidance would be in the range of $1.80-$2.00 (we were at $1.94 and Consensus was at $1.88), which we viewed as necessary to keep the stock stable. Actual guidance of $1.56-$1.70 was well short of our expectations, and we expect the stock will be under pressure in the $32-$34 range. While the revenue guidance of $1.09b at the midpoint was above our and Consensus $1.07b, we believe margin expansion, or the lack thereof, will be a critical overhang to the story, particularly in what should have been a relatively strong margin year as open-loop card sales resume. While we by no means believe this business is broken, and there may be conservatism in the outlook, our downgrade reflects our view that HAWK remains a low visibility business with many moving parts and a history of disappointing results. The announcement with Target is definitely a big deal, but at this point we prefer to step aside and wait for a better entry point, stronger signs of reliable execution or simply more faith in our forecasting ability. HAWK was a $46 stock when we initiated Outperform in December 2015, and while it still represents a unique and differentiated story, it has been a decidedly bad call. Management plans to hold an analyst day this Thursday." (2/16/2017)
  • 4. Citigroup Inc analysts commented, "We are downgrading HAWK to Neutral from Buy as its post-3Q16 +17% move (vs. 6% for the S&P 500) already reflects a 'post-EMV' rebound and optimism regarding the FY17 outlook. At this level, upside seems capped and valuation (~15x 2018 EPS, ex cash tax benefits) and other risks (slower U.S. retail segment; heightened competition; mix shift to lower-margin segments) are more important. We prefer to wait for a more attractive entry point." (1/17/2017)

Who owns Blackhawk Network Holdings stock?

Blackhawk Network Holdings' stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (14.07%), Dimensional Fund Advisors LP (2.56%), State Street Corp (1.79%), Banbury Partners LLC (1.15%), Franklin Resources Inc. (1.14%) and Norges Bank (0.89%). Company insiders that own Blackhawk Network Holdings stock include Arun Sarin, Christopher C Crum, David C Tate, Jerry N Ulrich, Joan B Lockie, Kirsten E Richesson, Mohan S Gyani, Roche L Talbott Hoskins and William Y Tauscher.

Who sold Blackhawk Network Holdings stock? Who is selling Blackhawk Network Holdings stock?

Blackhawk Network Holdings' stock was sold by a variety of institutional investors in the last quarter, including William Harris Investors Inc., Two Sigma Investments LP, Marshall Wace LLP, Oxford Asset Management, S&T Bank PA, Cipher Capital LP, Thrivent Financial for Lutherans and Allianz Asset Management AG. Company insiders that have sold Blackhawk Network Holdings stock in the last year include Arun Sarin, David C Tate and Joan B Lockie.

Who bought Blackhawk Network Holdings stock? Who is buying Blackhawk Network Holdings stock?

Blackhawk Network Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Thompson Siegel & Walmsley LLC, FMR LLC, Castleark Management LLC, Lucha Capital Management LP, Dimensional Fund Advisors LP, CNH Partners LLC and Netols Asset Management Inc..

How do I buy Blackhawk Network Holdings stock?

Shares of Blackhawk Network Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Blackhawk Network Holdings stock cost?

One share of Blackhawk Network Holdings stock can currently be purchased for approximately $40.70.

Blackhawk Network Holdings (HAWK) Chart for Wednesday, March, 29, 2017

This page was last updated on 3/29/2017 by MarketBeat.com Staff