Blackhawk Network Holdings Company Profile (NASDAQ:HAWK)

About Blackhawk Network Holdings (NASDAQ: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: Consumer Credit Cards Services
  • Sub-Industry: N/A
  • Symbol: NASDAQ:HAWK
  • CUSIP: N/A
  • Web: www.blackhawknetwork.com
Capitalization:
  • Market Cap: $1.99142 billion
  • Outstanding Shares: 56,708,000
Average Prices:
  • 50 Day Moving Avg: $42.17
  • 200 Day Moving Avg: $42.38
  • 52 Week Range: $32.60 - $46.70
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 58.58
  • P/E Growth: 1.34
Sales & Book Value:
  • Annual Revenue: $2.07 billion
  • Price / Sales: 0.96
  • Book Value: $14.52 per share
  • Price / Book: 2.42
Profitability:
  • EBITDA: $150.73 million
  • Net Margins: -0.14%
  • Return on Equity: 4.12%
  • Return on Assets: 1.12%
Debt:
  • Debt-to-Equity Ratio: 0.53%
  • Current Ratio: 0.86%
  • Quick Ratio: 0.96%
Misc:
  • Average Volume: 682,537 shs.
  • Beta: 0.52
  • Short Ratio: 5.5
 

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) released its quarterly earnings results on Wednesday, October, 11th. The company reported $0.18 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.11 by $0.07. The firm earned $419.30 million during the quarter, compared to analyst estimates of $439.32 million. Blackhawk Network Holdings had a negative net margin of 0.14% and a positive return on equity of 4.12%. The business's revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 EPS. View Blackhawk Network Holdings' Earnings History.

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

Blackhawk Network Holdings issued an update on its FY17 earnings guidance on Wednesday, October, 11th. The company provided EPS 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.

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

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

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. " (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)

Who are some of Blackhawk Network Holdings' key competitors?

Who are Blackhawk Network Holdings' key executives?

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

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.

What is Blackhawk Network Holdings' stock price today?

One share of Blackhawk Network Holdings stock can currently be purchased for approximately $35.15.


MarketBeat Community Rating for Blackhawk Network Holdings (NASDAQ HAWK)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  262 (Vote Outperform)
Underperform Votes:  214 (Vote Underperform)
Total Votes:  476
MarketBeat's community ratings are surveys of what our community members think about Blackhawk Network Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Blackhawk Network Holdings (NASDAQ:HAWK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.62)
Consensus Price Target: $46.92 (33.48% upside)
Consensus Price Target History for Blackhawk Network Holdings (NASDAQ:HAWK)
Price Target History for Blackhawk Network Holdings (NASDAQ:HAWK)
Analysts' Ratings History for Blackhawk Network Holdings (NASDAQ:HAWK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017MizuhoDowngradeBuy -> Neutral$50.00N/AView Rating Details
10/17/2017ArgusLower Price TargetBuy$50.00 -> $45.00N/AView Rating Details
10/13/2017BMO Capital MarketsLower Price TargetOutperform$52.00 -> $51.00N/AView Rating Details
10/12/2017Bank of America CorporationLower Price TargetNeutral$50.00 -> $46.00N/AView Rating Details
10/12/2017Raymond James Financial, Inc.Reiterated RatingOutperform -> Market PerformN/AView Rating Details
10/12/2017SunTrust Banks, Inc.Set Price TargetBuy$43.00N/AView Rating Details
9/1/2017Craig HallumReiterated RatingBuy$58.00LowView Rating Details
7/24/2017Jefferies Group LLCReiterated RatingBuy$49.00 -> $53.00MediumView Rating Details
7/17/2017Citigroup Inc.Reiterated RatingBuy$47.00LowView Rating Details
4/28/2017Deutsche Bank AGBoost Price TargetBuy$41.00 -> $46.00LowView Rating Details
3/23/2017First AnalysisBoost Price TargetOverweight$44.00 -> $47.00LowView Rating Details
2/16/2017Credit Suisse GroupDowngradeOutperform -> Neutral$37.00 -> $36.00N/AView Rating Details
1/4/2017GuggenheimInitiated CoverageNeutral$41.00N/AView Rating Details
10/15/2016WedbushReiterated RatingNeutral$30.00N/AView Rating Details
2/27/2016GabelliReiterated RatingBuyN/AView Rating Details
(Data available from 10/22/2015 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
10/11/2017Q3 2017$0.11$0.18$439.32 million$419.30 millionViewN/AView Earnings Details
7/19/2017Q2 2017$0.05$0.12$447.43 million$463.10 millionViewN/AView Earnings Details
4/26/2017Q1 2017($0.15)($0.08)$379.13 million$407.20 millionViewN/AView Earnings Details
2/15/2017Q4 2016$1.11$1.00$354.80 million$780.60 millionViewListenView Earnings Details
10/11/2016Q3$0.21$0.14$188.59 million$168.92 millionViewListenView Earnings Details
7/19/2016Q216$0.24$0.37$183.59 million$183.72 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$1.06$1.08$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$0.03$0.17$281.53 million$283.90 millionViewListenView Earnings Details
4/23/2014Q1$0.03$0.02$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)
2017 EPS Consensus Estimate: $2.56
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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
Q2 20181$0.18$0.18$0.18
(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: 3.80%
Institutional Ownership Percentage: 95.33%
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
8/2/2017David C. TateSVPSell18,669$42.88$800,526.72View SEC Filing  
7/31/2017Joan B LockieInsiderSell2,543$43.92$111,688.56View SEC Filing  
7/26/2017Jerry N UlrichCFOSell75,000$45.15$3,386,250.00View SEC Filing  
5/17/2017Roche L Talbott HoskinsInsiderSell20,000$41.25$825,000.00View SEC Filing  
5/10/2017Jerry N. UlrichCFOSell30,000$41.90$1,257,000.00View SEC Filing  
5/5/2017Jeffrey H FoxDirectorBuy2,775$41.64$115,551.00View SEC Filing  
5/4/2017Joan B. LockieInsiderSell5,374$41.53$223,182.22View SEC Filing  
5/3/2017Kirsten E RichessonGeneral CounselSell21,779$41.00$892,939.00View SEC Filing  
5/3/2017Robert B HenskeDirectorBuy3,500$41.57$145,495.00View SEC Filing  
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)
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Blackhawk Network Holdings (HAWK) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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