On 11/6/24, Hawkins Inc (NASDAQ: HWKN) stock enjoyed a major increase of 10.6%, closing at $119.88. Moreover, unusually high trading volume at 165% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.3% during the last week.
Current PriceTarget Research Rating
HWKN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company 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 99, and the High Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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