As of Wednesday close, Hillman Solutions Corp.’s (NASDAQ:HLMN) stock was down -$0.03, moving down -0.33 percent to $9.12. The average number of shares traded per day over the past five days has been 828,540 shares. 5 times new highs have been achieved over the past 5 days, with a $0.20 gain in that time frame. In the last twenty days, the average volume was 1,250,830, while in the previous 50 days, it was 1,288,106.
Since last month, HLMN stock retreated -7.51%. Shares of the company fell to $8.82 on 08/23/23, the lowest level in the past month. A 52-week high of $10.28 was reached on 02/02/23 after having rallying from a 52-week low of $6.59. Since the beginning of this year, HLMN’s stock price has risen by 26.49% or $1.91, and marked a new high 14 times. However, the stock has declined by -11.28% since its 52-week high.
HLMN stock investors should be aware that Hillman Solutions Corp. (HLMN) stock had its last reported insider trading activity 105 days ago on May 18. Woodlief Philip, the Director of the company, purchased of 10,000 shares for $7.91 on May 18. It resulted in a $79,100 investment by the insider. CCMP Capital, LP sold 22,455,000 shares at an average price of $7.69 on May 15. The insider now owns 0 shares following the transaction. On Mar 03, 10% Owner CCMP Capital, LP sold 28,750,000 shares at $8.00 apiece. The transaction was valued at $230,000,000.
Valuation Metrics
The stock’s beta is 1.56. Besides these, the trailing price-to-sales (P/S) ratio of 1.21, the price-to-book (PB) ratio of 1.53, and the price-to-cash flow ratio of 12.47 may also be considered.
Financial Health
In the three months ended June 29, Hillman Solutions Corp.’s quick ratio stood at 0.80, while its current ratio was 2.50, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.71, and the total debt-to-equity ratio was 0.72. On the profitability front, the trailing twelve-month gross margin is 42.80% percent. In the year ended June 29, EBITDA margin amounted to 10.68%, whereas operating margins totaled 1.70%. Based on annual data, HLMN earned $639.78 million in gross profit and brought in $1.49 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.90%. Return on equity (ROE) for the past 12 months was -2.40%.
In Hillman Solutions Corp.’s quarter-end financial report for June 29, it reported total debt of $818.8 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. HLMN’s revenue fell -3.71% to $349.71 million during the quarter, while net income inched up to $380.02 million. While analysts expected Hillman Solutions Corp. to report $0.09 quarterly earnings, the actual figure was $0.13 per share, beating the consensus estimate by 44.40%. During the quarter, the company generated $51.51 million in EBITDA. The liabilities of Hillman Solutions Corp. were 1.31 billion at the end of its most recent quarter ended June 29, and its total debt was $927.45 million. The value of shareholders’ equity is $194.79 million.
Technical Picture
This quick technical analysis looks at Hillman Solutions Corp.’s (HLMN) price momentum. With a historical volatility rate of 23.40%, the RSI 9-day stood at 44.38% on 30 August.
With respect to its five-day moving average, the current Hillman Solutions Corp. price is up by +2.24% percent or $0.20. At present, HLMN shares trade -6.46% below its 20-day simple moving average and +15.88% percent above its 100-day simple moving average. However, the stock is currently trading approximately +0.11% above its SMA50 and +13.43% above its SMA200.
Stochastic coefficient K was 36.94% and Stochastic coefficient D was 35.10%, while ATR was 0.24. Given the Stochastic reading of 34.88% for the 14-day period, the RSI (14) reading has been calculated as 45.66%. As of today, the MACD Oscillator reading stands at 0.09, while the 14-day reading stands at -0.02.
Analyst Ratings
Canaccord Genuity launched its rating on Hillman Solutions Corp. (NASDAQ: HLMN) to a Buy in a note to investors on July 11, 2023. Hillman Solutions Corp. (HLMN) has been rated Buy by analysts. According to 0 brokerage firms, HLMN is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Hillman Solutions Corp. stock as buy, with 7 recommending it as overweight.
With a median target price of $11.50, the current consensus forecast for the stock is $10.00 – $13.00. Based on these forecasts, analysts predict Hillman Solutions Corp. (HLMN) will achieve an average price target of $11.56.
