HWKN Stock Summary and Trading Ideas (Hawkins | NASDAQ:HWKN)

Hawkins Inc manufactures and sells a variety of chemicals and ingredients. The firm organizes itself into three segments based on the product type. The industrial segment, which generates the majority of revenue, sells private label bleach, caustic soda, sulfuric acid, hydrochloric acid, phosphoric acid, potassium hydroxide, and aqua ammonia. The water treatment segment sells chemicals and equipment used to treat potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. The health and nutrition segment sells ingredients to food, beverage, personal care, and dietary supplement producers. The vast majority of revenue comes from the United States.

Hawkins trades on the NASDAQ stock market under the symbol HWKN.

As of May 16, 2024, HWKN stock price climbed to $82.41 with 64,698 million shares trading.

HWKN has a beta of 0.87, meaning it tends to be less sensitive to market movements. HWKN has a correlation of 0.10 to the broad based SPY ETF.

HWKN has a market cap of $1.74 billion. This is considered a Small Cap stock.

Last quarter Hawkins reported $223 million in Revenue and $.66 earnings per share. This beat revenue expectation by $6 million and missed earnings estimates by -$.02.

In the last 3 years, HWKN stock traded as high as $82.41 and as low as $29.93.

The top ETF exchange traded funds that HWKN belongs to (by Net Assets): IJR, VTI, IWM, VXF, FIW.

HWKN has outperformed the market in the last year with a price return of +95.2% while the SPY ETF gained +30.2%. HWKN has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +18.3% and +9.7%, respectively, while the SPY returned +6.1% and +6.1%, respectively.

HWKN support price is $75.13 and resistance is $78.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HWKN stock will trade within this expected range on the day.