The stock price of Hillman Solutions Corp (NASDAQ: HLMN) has jumped by 1.09 compared to previous close of 10.96. Despite this, the company has seen a gain of 14.70% in its stock price over the last five trading days. globenewswire.com reported 2024-10-14 that CINCINNATI, Oct. 14, 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 September 28, 2024 on Tuesday, November 5, 2024 at 8:30 a.m. Eastern Time. Hillman will issue its earnings release on the same day prior to the results presentation.
Is It Worth Investing in Hillman Solutions Corp (NASDAQ: HLMN) Right Now?
The price-to-earnings ratio for Hillman Solutions Corp (NASDAQ: HLMN) is above average at 374.32x, Company’s 36-month beta value is 1.65.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for HLMN is 194.00M, and currently, short sellers hold a 1.83% ratio of that floaft. The average trading volume of HLMN on October 18, 2024 was 934.46K shares.
HLMN’s Market Performance
HLMN’s stock has seen a 14.70% increase for the week, with a 7.05% rise in the past month and a 16.02% gain in the past quarter. The volatility ratio for the week is 3.87%, and the volatility levels for the past 30 days are at 2.60% for Hillman Solutions Corp The simple moving average for the last 20 days is 6.56% for HLMN’s stock, with a simple moving average of 16.28% for the last 200 days.
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 11.42% 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 able to rebound, for now settling with 0.96% of gains for the given period.
Volatility was left at 2.60%, however, over the last 30 days, the volatility rate increased by 3.87%, as shares surge +3.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.25% upper at present.
During the last 5 trading sessions, HLMN rose by +14.70%, which changed the moving average for the period of 200-days by +22.03% in comparison to the 20-day moving average, which settled at $10.40. In addition, Hillman Solutions Corp saw 20.30% 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 FAGUNDO RANDALL J, who proposed sale 47,969 shares at the price of $10.52 back on Sep 26 ’24. After this action, FAGUNDO RANDALL J now owns shares of Hillman Solutions Corp, valued at $504,850 using the latest closing price.
FAGUNDO RANDALL J, the Former Officer of Hillman Solutions Corp, proposed sale 79,558 shares at $10.59 during a trade that took place back on Sep 25 ’24, which means that FAGUNDO RANDALL J is holding shares at $842,773 based on the most recent closing price.
Stock Fundamentals for HLMN
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.42 for the gross margin
The net margin for Hillman Solutions Corp stands at 0.0. The total capital return value is set at 0.04. Equity return is now at value 0.52, with 0.25 for asset returns.
Based on Hillman Solutions Corp (HLMN), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 1.47.
Currently, EBITDA for the company is 182.57 million with net debt to EBITDA at 3.66. When we switch over and look at the enterprise to sales, we see a ratio of 2.0. The receivables turnover for the company is 11.31for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.32.
Conclusion
In a nutshell, Hillman Solutions Corp (HLMN) has experienced a better performance in recent times. The stock has received mixed “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.
