The most aggressive covering Wall Street analyst according to Zack’s Research has a short-term target price of $53 on Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) shares. When taking into account all of the research brokage firms polled by Zacks, the consensus price target sits at $47.214. This is based on the 7 providing one-year targets on the shares. On the contrary, the most bearish, or conservative analyst has a one year target of $38.
Zacks uses an average brokerage recommendation (ABR) rating system in order to provide a simplified scale for understanding the calculated average of the actual Buy, Sell, Hold ratings made by research analysts. A stock is given a rating between 1 and 5 where 1 represents a Strong Buy and 5 a Strong Sell. Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) shares currently have a Zacks ABR of 2 .
One of the most important indicators for future stock movement is a company’s earnings. Most recently, Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) reported earnings per share of $0.26 for the fiscal quarter ended on 2015-06-30. This resulted in a surprise factor of 7.41%, or $0.02 away from the latest Zacks consensus estimates just prior to the earnings announcement.
For the current quarter, analysts are anticipating earnings around $0.26 per share. This is the current consensus number based on the 7 analysts taken into consideration by Zacks.
Blackhawk Network Holdings, Inc. is a prepaid payment network utilizing technology to offer a range of gift cards, other prepaid products and payment services in the United States and 18 other countries. Its product offerings include gift cards, prepaid telecom products and prepaid financial services products (including general purpose reloadable (GPR), cards and its reload network). In addition, it sells physical and electronic gift cards to consumers through both online distributors and its Website, GiftCardMall.com. It offers gift cards from consumer brands, such as Amazon.com, Applebee’s, iTunes, Lowe’s, Macy’s and Starbucks and from payment networks, such as American Express, MasterCard and Visa. In November 2013, Blackhawk Network Holdings Inc completed the acquisition of InteliSpend Prepaid Solutions. Effective December 2013, Blackhawk Network Holdings Inc, a unit of Safeway Inc, acquired Retailo AG.