Stock Rating Downgrade
In recent days the Value Trend Rating for Hawkins Inc (NASDAQ: HWKN) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Hawkins Inc (NASDAQ: HWKN) stock declined modestly by -1.2% on 3/18/24. The stock closed at $75.24. NORMAL trading volume accompanied the decline. The stock has risen 8.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HWKN is expected to continue to be a Value Builder.
Hawkins has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Hawkins has a slightly negative Appreciation Score of 32 but a very high Power Rating of 93, resulting in the High Neutral Value Trend Rating.
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