In the past week, HLMN stock has gone down by -2.75%, with a monthly gain of 0.81% and a quarterly surge of 12.88%. The volatility ratio for the week is 2.96%, and the volatility levels for the last 30 days are 2.51% for Hillman Solutions Corp The simple moving average for the last 20 days is -3.14% for HLMN’s stock, with a simple moving average of 13.17% for the last 200 days.
Is It Worth Investing in Hillman Solutions Corp (NASDAQ: HLMN) Right Now?
Moreover, the 36-month beta value for HLMN is 1.71. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HLMN is 192.58M and currently, short sellers hold a 2.17% of that float. On April 12, 2024, HLMN’s average trading volume was 949.30K shares.
HLMN) stock’s latest price update
Hillman Solutions Corp (NASDAQ: HLMN) has experienced a decline in its stock price by -1.10 compared to its previous closing price of 10.01. However, the company has seen a fall of -2.75% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-04 that Does Hillman Solutions Corp. (HLMN) have what it takes to be a top stock pick for momentum investors? Let’s find out.
Analysts’ Opinion of HLMN
Many brokerage firms have already submitted their reports for HLMN stocks, with Barclays repeating the rating for HLMN by listing it as a “Equal Weight.” The predicted price for HLMN in the upcoming period, according to Barclays is $9 based on the research report published on December 13, 2023 of the previous year 2023.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see HLMN reach a price target of $12. The rating they have provided for HLMN stocks is “Buy” according to the report published on July 11th, 2023.
Imperial Capital gave a rating of “Outperform” to HLMN, setting the target price at $10.25 in the report published on May 31st of the previous year.
HLMN Trading at 2.58% from the 50-Day Moving Average
After a stumble in the market that brought HLMN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.71% of loss for the given period.
Volatility was left at 2.51%, however, over the last 30 days, the volatility rate increased by 2.96%, as shares sank -0.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.49% upper at present.
During the last 5 trading sessions, HLMN fell by -2.75%, which changed the moving average for the period of 200-days by +14.58% in comparison to the 20-day moving average, which settled at $10.22. In addition, Hillman Solutions Corp saw 7.49% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HLMN starting from Adinolfi Jon Michael, who sale 110,000 shares at the price of $9.81 back on Mar 14 ’24. After this action, Adinolfi Jon Michael now owns 659,889 shares of Hillman Solutions Corp, valued at $1,078,660 using the latest closing price.
Parker Aaron Jerrod, the VP – Human Resources of Hillman Solutions Corp, sale 1,723 shares at $9.90 during a trade that took place back on Mar 08 ’24, which means that Parker Aaron Jerrod is holding 45,230 shares at $17,058 based on the most recent closing price.
Stock Fundamentals for HLMN
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.44 for the gross margin
The net margin for Hillman Solutions Corp stands at -0.01. The total capital return value is set at 0.03. Equity return is now at value -0.83, with -0.40 for asset returns.
Based on Hillman Solutions Corp (HLMN), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is 0.89.
Currently, EBITDA for the company is 182.57 million with net debt to EBITDA at 4.37. When we switch over and look at the enterprise to sales, we see a ratio of 1.85. The receivables turnover for the company is 14.27for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.46.
Conclusion
To wrap up, the performance of Hillman Solutions Corp (HLMN) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
