News headlines about Blackhawk Network (NASDAQ:HAWK) have trended positive on Thursday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing 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 closest to one being the most favorable. Blackhawk Network earned a news sentiment score of 0.27 on Accern’s scale. Accern also assigned headlines about the credit services provider an impact score of 46.4906200690569 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s analysis:
- Trend Analysis – Blackhawk Network Holdings, Inc. (NASDAQ: HAWK) – The Investor Guide (wallstreetnews24.com)
- Blackhawk Network Holdings, Inc. (HAWK) expected to achieve -773.80% earnings growth for this year – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Blackhawk Network Holdings Inc (HAWK) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Blackhawk Network (HAWK) Lifted to Hold at BidaskClub (americanbankingnews.com)
Several equities analysts recently weighed in on HAWK shares. BidaskClub cut shares of Blackhawk Network from a “sell” rating to a “strong sell” rating in a research note on Friday, December 22nd. Zacks Investment Research raised shares of Blackhawk Network from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research note on Wednesday, December 13th. Craig Hallum cut shares of Blackhawk Network from a “buy” rating to a “hold” rating in a research note on Tuesday, January 16th. Credit Suisse Group raised their target price on shares of Blackhawk Network from $40.00 to $45.00 and gave the company a “neutral” rating in a research note on Wednesday, January 17th. Finally, BMO Capital Markets cut shares of Blackhawk Network from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $51.00 to $45.00 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 stock. Blackhawk Network currently has a consensus rating of “Hold” and an average target price of $46.10.
Blackhawk Network (NASDAQ:HAWK) last announced its quarterly earnings results on Tuesday, February 27th. The credit services provider reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.04. Blackhawk Network had a negative return on equity of 18.94% and a negative net margin of 6.98%. The business had revenue of $423.18 million during the quarter, compared to the consensus estimate of $384.70 million. equities research analysts expect that Blackhawk Network will post 0.56 earnings per share for the current fiscal year.
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About Blackhawk Network
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.
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