Hawkins (NASDAQ:HWKN) Posts Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Hawkins (NASDAQ:HWKN) issued its quarterly earnings results on Wednesday. The specialty chemicals company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.05), Zacks reports. Hawkins had a net margin of 8.74% and a return on equity of 19.64%.

Hawkins Stock Performance

HWKN stock opened at $114.05 on Thursday. The stock has a market capitalization of $2.38 billion, a PE ratio of 29.29, a price-to-earnings-growth ratio of 4.09 and a beta of 0.84. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.27 and a quick ratio of 1.39. Hawkins has a fifty-two week low of $54.44 and a fifty-two week high of $139.55. The company has a 50 day moving average price of $124.09 and a 200 day moving average price of $121.07.

Hawkins Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.63%. Hawkins’s dividend payout ratio (DPR) is currently 18.41%.

Analysts Set New Price Targets

Separately, BWS Financial reissued a “neutral” rating and issued a $122.00 target price on shares of Hawkins in a research note on Thursday, October 31st.

Hawkins Company Profile

Hawkins, Inc operates as a specialty chemical and ingredients company in the United States. It operates through three segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment offers industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries.