On 8/1/24, Hawkins Inc (NASDAQ: HWKN) stock enjoyed a major increase of 16.8%, closing at $121.37. Moreover, exceptionally high trading volume at 272% of normal accompanied the advance. The stock has risen 15.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
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 (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Hawkins has a poor Appreciation Score of 24 but a very high Power Rating of 86, with the Neutral Value Trend Rating the result.
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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