In the past week, HLMN stock has gone down by -5.75%, with a monthly decline of -8.71% and a quarterly surge of 4.33%. The volatility ratio for the week is 2.99%, and the volatility levels for the last 30 days are 2.67% for Hillman Solutions Corp The simple moving average for the last 20 days is -8.44% for HLMN stock, with a simple moving average of 5.75% for the last 200 days.
Is It Worth Investing in Hillman Solutions Corp (NASDAQ: HLMN) Right Now?
The stock has a 36-month beta value of 1.73. Opinions on the stock are mixed, 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 at present, short sellers hold a 2.17% of that float. On April 19, 2024, the average trading volume of HLMN was 938.10K shares.
HLMN) stock’s latest price update
Hillman Solutions Corp (NASDAQ: HLMN)’s stock price has plunge by -0.91relation to previous closing price of 9.36. Nevertheless, the company has seen a -5.75% plunge in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-04-15 that CINCINNATI, April 15, 2024 (GLOBE NEWSWIRE) — Hillman Solutions Corp. (Nasdaq: HLMN) (“Hillman”), a leading provider of hardware products and merchandising solutions, plans to host a conference call to discuss its results for the thirteen weeks ended March 30, 2024 on Tuesday, May 7, 2024 at 8:30 a.m. Eastern Time. Hillman will issue its earnings release on the same day prior to the results presentation.
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 -4.77% 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 -14.48% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 2.99%, as shares sank -10.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.49% upper at present.
During the last 5 trading sessions, HLMN fell by -5.74%, which changed the moving average for the period of 200-days by +5.76% in comparison to the 20-day moving average, which settled at $10.08. In addition, Hillman Solutions Corp saw 0.70% 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 1.77. 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 sum up, Hillman Solutions Corp (HLMN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
