For Hillman Solutions Corp. [HLMN], Analyst sees a rise to $15. What next?
Hillman Solutions Inc. [NASDAQ: HLMN] It fell by -$0.18 during the normal trading session on Thursday and reached a high of $7.66 on the day while closing the day at $7.50. Company report on August 3, 2022 Ann Hillman announces second-quarter results for 2022.
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Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”), a leading provider of hardware products and marketing solutions, announced its financial results for the thirteenth and twenty-sixth week ending June 25, 2022.
Highlights of the second quarter of 2022 (thirteen weeks ending June 25, 2022).
Hillman Solutions Corp stock has lost -6.37% of its value over the past seven days. However, HLMN stock is down -22.12% in the three months of the year. Over the past six months, it has lost -28.77% and lost -30.23% year over year.
HLMN’s stock has a market capitalization of $1.45 billion, with 194.13 million shares outstanding and 192.83 million shares in current float. Compared to an average trading volume of 1.50 million shares, HLMN reached a trading volume of 4,974,746 on the last trading day, which is why market watchers consider the stock to be active.
Here’s what leading stock market experts are saying about Hillman Solutions Corp. [HLMN]:
Based on careful and fact-backed analysis by Wall Street experts, the current consensus on a target price for HLMN shares is $12.71 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus for HLMN stock is a set recommendation at 1.50. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.
Barclays has made an estimate for Hillman Solutions shares, keeping their opinion of the stock as overweight, with their previous recommendation of April 22, 2022. While these analysts held the previous recommendation, Colliers Securities raised its buy price. The new note about price target was released on November 4, 2021, which is the official target price for Hillman Solutions Corp stock. Previously, the target price had another increase to $18, while CJS Securities analysts maintained their outperformance market rating for HLMN stock.
The Average True Range (ATR) is set by Hillman Solutions Corp. at 0.34, with the price-to-sales ratio for HLMN stock in the last 12-month period being 0.99. The price-to-book ratio for the last quarter was 1.24, with the price-to-cash ratio for the stock in the same quarter set at 0.09.
HLMN stock trading performance evaluation
Hillman Solutions Inc. [HLMN] It fell into the red at the end of last week, fell in a negative direction and fell by -6.37. With this latest performance, HLMN shares are down -14.19% over the past four-week period, as well as down -28.77% over the past six months – not to mention a -37.03% drop in the last year of trading.
Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for the HLMN stock for the past two weeks was set at 27.26, with the RSI for the last one trading at 21.31, and the three-week RSI set at 31.93 for Hillman Solutions Corp. [HLMN]. The current moving average of the last 50 trading days for this stock is 9.00, while it recorded at 7.78 for the last trading week, and 9.97 for the last 200 days.
Hillman Solutions Inc. [HLMN]: Insight into the basic fundamentals
Operating margin for any stock indicates how profitable the investment is, Hillman Solutions Corp. [HLMN] The stock currently has an operating margin of +2.77 and a gross margin of +33.48. Hillman Solutions Corp’s net margin is currently -2.69.
The return on equity for this stock fell to -4.86 with the return on assets remaining at -2.50.
Hillman Solutions Corp.’s liquidity data is also interesting, with the quick ratio at 0.60 and the current ratio at 2.60.
Hillman Solutions Inc. [HLMN]: Insiders ownership positions
There are currently approximately $1.525 million in the hands of institutional investors. The three largest corporate owners of HLMN shares are: CCMP CAPITAL GP, LLC with ownership of 59,605,000, which represents approximately -17.161% of the company’s market capitalization and approximately 0.40% of the total corporate ownership; OAK HILL CAPITAL MANAGEMENT, LLC, owns 12,561,673 shares with an approximate value of $94.21 million in HLMN stock; and VANGUARD GROUP INC, currently with $83.14 million in HLMN shares with ownership of approximately 26.199% of the company’s market capitalization.
Positions in the shares of Hillman Solutions Corp. have increased. held by institutional investors at the end of August and at the time of the August report, as 124 institutional investors consolidated their positions in Hillman Solutions Corp. [NASDAQ:HLMN] About 34,539,292 shares. In addition, 49 investors decreased their positions by 20,022,822 shares, while 13 investors held positions with 148,822,802 shares. The said changes put institutional holdings at 203,384,916 shares, according to the latest report from the Securities and Exchange Commission. HLMN had 62 new institutional investments for a total of 4,362,315 shares, while 22 institutional investors sold positions worth 1,133,496 shares during the same period.