Hawkins Inc. (HWKN, Financial) has received an upgrade from BWS Financial, transitioning from a Neutral to a Buy recommendation. This adjustment accompanies a new price target of $160, previously set at $122.
The upgrade is influenced by strategic changes within Hawkins' industrial division, which were highlighted in the company's recent financial results for the end of 2024. The company has seen favorable developments that are expected to enhance demand dynamics significantly.
Additionally, the imposition of tariffs on Chinese imports is projected to further bolster these favorable conditions for Hawkins, building on the positive momentum observed in the previous quarter.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Hawkins Inc (HWKN, Financial) is $126.33 with a high estimate of $132.00 and a low estimate of $122.00. The average target implies an upside of 10.07% from the current price of $114.78. More detailed estimate data can be found on the Hawkins Inc (HWKN) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Hawkins Inc's (HWKN, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hawkins Inc (HWKN, Financial) in one year is $63.94, suggesting a downside of 44.29% from the current price of $114.78. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hawkins Inc (HWKN) Summary page.
