Blackhawk Network Holdings Company Profile (NASDAQ:HAWK)

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

Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) issued its quarterly earnings data on Wednesday, October, 11th. The company reported $0.18 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.11 by $0.07. The firm had revenue of $419.30 million for the quarter, compared to the consensus estimate of $439.32 million. Blackhawk Network Holdings had a negative net margin of 0.14% and a positive return on equity of 4.16%. Blackhawk Network Holdings's quarterly revenue was up 16.0% compared to the same quarter last year. During the same period last year, the firm posted $0.14 EPS. View Blackhawk Network Holdings' Earnings History.

Blackhawk Network Holdings issued an update on its FY17 earnings guidance on Wednesday, October, 11th. The company provided earnings per share guidance of $1.56-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.68. The company issued revenue guidance of $2.169-2.262 billion, compared to the consensus revenue estimate of $2.29 billion.

13 analysts have issued twelve-month price targets for Blackhawk Network Holdings' shares. Their forecasts range from $36.00 to $58.00. On average, they anticipate Blackhawk Network Holdings' stock price to reach $46.92 in the next year. View Analyst Ratings for Blackhawk Network Holdings.

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. " (10/19/2017)
• 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 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)

Some companies that are related to Blackhawk Network Holdings include Cousins Properties Incorporated (CUZ), MB Financial (MBFI), Primerica (PRI), Paramount Group (PGRE), BBVA Banco Frances S.A. (BFR), Chemical Financial Corporation (CHFC), Life Storage (LSI), Spirit Realty Capital (SRC), Healthcare Realty Trust Incorporated (HR), White Mountains Insurance Group (WTM), UMB Financial Corporation (UMBF), Associated Banc-Corp (ASB), Colony Starwood Homes (SFR), Equity Commonwealth (EQC), First Industrial Realty Trust (FR), BankUnited (BKU), PS Business Parks (PSB) and Chimera Investment Corporation (CIM).

Blackhawk Network Holdings' management team includes the folowing people:

• William Y. Tauscher, Executive Chairman of the Board, Head of International
• Talbott Roche, President, Chief Executive Officer, Director
• Sachin Dhawan, Senior Vice President, Chief Technology Officer
• Greg Brown, Senior Vice President - International
• David C. Tate, Senior Vice President of Blackhawk's U.S, Retail Business
• Kirsten E. Richesson, General Counsel, Secretary
• Paul M. Hazen, Lead Independent Director
• Anil D. Aggarwal, Independent Director
• Richard H. Bard, Independent Director
• Thomas C Barnds, Independent Director

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.

One share of Blackhawk Network Holdings stock can currently be purchased for approximately $34.20.