Hawkins (HWKN) Earning Somewhat Favorable Press Coverage, Accern Reports

Media coverage about Hawkins (NASDAQ:HWKN) has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hawkins earned a news impact score of 0.02 on Accern’s scale. Accern also assigned press coverage about the specialty chemicals company an impact score of 48.2793604480755 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news stories that may have effected Accern’s scoring:

Shares of Hawkins (NASDAQ:HWKN) traded up 0.12% during midday trading on Thursday, hitting $40.55. 22,708 shares of the stock were exchanged. The company has a market cap of $432.38 million, a PE ratio of 20.68 and a beta of 0.78. The firm has a 50-day moving average price of $38.36 and a 200-day moving average price of $44.67. Hawkins has a 12-month low of $35.15 and a 12-month high of $54.80.

Hawkins (NASDAQ:HWKN) last posted its earnings results on Tuesday, August 8th. The specialty chemicals company reported $0.55 earnings per share (EPS) for the quarter. The firm had revenue of $133.73 million during the quarter. Hawkins had a net margin of 4.28% and a return on equity of 9.53%. On average, equities analysts predict that Hawkins will post $2.52 EPS for the current year.

The company also recently announced a semiannual dividend, which was paid on Friday, October 6th. Shareholders of record on Friday, September 22nd were paid a dividend of $0.44 per share. This represents a yield of 2.16%. This is a positive change from Hawkins’s previous semiannual dividend of $0.42. The ex-dividend date of this dividend was Thursday, September 21st. Hawkins’s payout ratio is presently 44.67%.

A number of equities research analysts have recently commented on the stock. BidaskClub cut shares of Hawkins from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. TheStreet cut shares of Hawkins from a “b” rating to a “c+” rating in a report on Tuesday, August 15th.

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In other news, Director Mary J. Schumacher bought 1,400 shares of Hawkins stock in a transaction on Monday, August 28th. The stock was purchased at an average cost of $35.80 per share, with a total value of $50,120.00. Following the purchase, the director now directly owns 6,616 shares of the company’s stock, valued at approximately $236,852.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Richard G. Erstad sold 1,200 shares of the business’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $40.59, for a total transaction of $48,708.00. Following the transaction, the vice president now directly owns 9,300 shares of the company’s stock, valued at $377,487. The disclosure for this sale can be found here. Insiders own 3.70% of the company’s stock.

Hawkins Company Profile

Hawkins, Inc distributes, blends and manufactures chemicals and specialty ingredients for its customers in a range of industries. The Company conducts its business in three segments: Industrial, Water Treatment, and Health and Nutrition. Its Industrial segment is engaged in providing industrial chemicals, products and services to various industries, such as agriculture, chemical processing, electronics and energy.

Insider Buying and Selling by Quarter for Hawkins (NASDAQ:HWKN)

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