Impact of Brokerage Rating on Blackhawk Network Holdings, Inc.(HAWK)

Many Blackhawk Network Holdings, Inc.(HAWK) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Blackhawk Network Holdings Inc was Downgraded by Citigroup to Neutral on Jan 17, 2017. Blackhawk Network Holdings Inc was Initiated by Guggenheim to Neutral on Jan 5, 2017.

Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Joan B Lockie (Chief Accounting Officer) sold 3,777 shares at 35.00 per share price.On Nov 14, 2016, Roche L Talbott Hoskins (President and CEO) sold 13,366 shares at 35.16 per share price.On Nov 14, 2016, William Y Tauscher (Executive Chairman) sold 50,000 shares at 33.86 per share price.

Blackhawk Network Holdings Inc Last issued its quarterly earnings results on Oct 11, 2016. The company reported $0.14 EPS for the quarter, missing the analyst consensus estimate by $ -0.18. Analyst had a consensus of $0.32. The company had revenue of $361.60 million for the quarter, compared to analysts expectations of $382.04 million. The companys revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.

Blackhawk Network Holdings, Inc. (NASDAQ:HAWK): 6 analysts have set the short term price target of Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) at $42. The standard deviation of short term price target has been estimated at $4.65, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 50 and $37 respectively.

Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) witnessed a decline in the market cap on Tuesday as its shares dropped 1.32% or 0.5 points. After the session commenced at $37.9, the stock reached the higher end at $38.1 while it hit a low of $37.4. With the volume soaring to 685,908 shares, the last trade was called at $37.5. The company has a 52-week high of $39.3. The company has a market cap of $2,077 million and there are 55,377,000 shares in outstanding. The 52-week low of the share price is $28.88.

Blackhawk Network Holdings, Inc. is a provider of prepaid and financial payments products for consumers and businesses. The company distributes gift cards, prepaid handsets and prepaid financial services products. Blackhawk Network Holdings, Inc. is headquartered in Pleasanton, California.


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