News headlines about Blackhawk Network (NASDAQ:HAWK) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blackhawk Network earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news coverage about the credit services provider an impact score of 45.4582492969621 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several brokerages recently weighed in on HAWK. SunTrust Banks downgraded Blackhawk Network from a “buy” rating to a “hold” rating in a research report on Wednesday, January 31st. BidaskClub raised Blackhawk Network from a “sell” rating to a “hold” rating in a research note on Friday, March 2nd. Mizuho reissued a “hold” rating and issued a $36.00 price target on shares of Blackhawk Network in a research note on Monday, February 26th. Jefferies Group cut Blackhawk Network from a “buy” rating to a “hold” rating in a research note on Monday, January 29th. Finally, Citigroup cut Blackhawk Network from a “buy” rating to a “hold” rating and set a $45.25 target price for the company. in a research note on Monday, January 22nd. Thirteen equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $46.10.
Shares of Blackhawk Network (NASDAQ:HAWK) traded down $0.05 during midday trading on Wednesday, hitting $44.70. The stock had a trading volume of 2,453,905 shares, compared to its average volume of 1,670,000. The stock has a market capitalization of $2,540.00, a PE ratio of -81.27, a PEG ratio of 4.60 and a beta of 0.72. Blackhawk Network has a one year low of $32.60 and a one year high of $47.00. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.94 and a current ratio of 0.94.
COPYRIGHT VIOLATION NOTICE: “Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Blackhawk Network (NASDAQ:HAWK) Share Price” was first reported by BBNS and is the sole property of of BBNS. If you are viewing this news story on another domain, it was illegally copied and reposted in violation of U.S. and international copyright law. The legal version of this news story can be accessed at https://baseballnewssource.com/2018/03/14/blackhawk-network-hawk-earns-daily-coverage-optimism-score-of-0-09/1890437.html.
Blackhawk Network Company Profile
Blackhawk 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.
Receive News & Ratings for Blackhawk Network Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackhawk Network and related companies with MarketBeat.com's FREE daily email newsletter.