Blackhawk Network (NASDAQ:HAWK) Receiving Somewhat Favorable Press Coverage, Report Shows

News headlines about Blackhawk Network (NASDAQ:HAWK) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blackhawk Network earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the credit services provider an impact score of 46.4008471741971 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

HAWK has been the topic of several recent analyst reports. BidaskClub raised Blackhawk Network from a “sell” rating to a “hold” rating in a research report on Friday, March 2nd. Wells Fargo & Co lowered Blackhawk Network from an “outperform” rating to a “market perform” rating in a research report on Friday, April 6th. Argus lowered Blackhawk Network from a “buy” rating to a “hold” rating and set a $45.00 price target on the stock. in a research report on Wednesday, April 25th. Zacks Investment Research raised Blackhawk Network from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 14th. Finally, ValuEngine lowered Blackhawk Network from a “buy” rating to a “hold” rating in a research report on Saturday, June 2nd. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and one has given a buy rating to the stock. Blackhawk Network has a consensus rating of “Hold” and a consensus price target of $46.02.

NASDAQ:HAWK traded down $0.05 during mid-day trading on Thursday, hitting $45.15. 182,200 shares of the company’s stock traded hands, compared to its average volume of 1,580,233. Blackhawk Network has a 12 month low of $32.60 and a 12 month high of $47.00. The company has a market cap of $2.58 billion, a price-to-earnings ratio of -16.30 and a beta of 0.72. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.02.

Blackhawk Network (NASDAQ:HAWK) last announced its earnings results on Tuesday, May 1st. The credit services provider reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.07). Blackhawk Network had a negative net margin of 7.01% and a negative return on equity of 21.14%. The business had revenue of $193.57 million for the quarter, compared to the consensus estimate of $214.25 million.

Blackhawk Network Company Profile

Blackhawk Network Holdings, Inc provides a range of prepaid gift, telecom, and debit cards in physical and electronic forms; and related prepaid products and payment services in the United States and internationally. It operates through three segments: U.S. Retail, International, and Incentives & Rewards.

Insider Buying and Selling by Quarter for Blackhawk Network (NASDAQ:HAWK)

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