Core Viewpoint - Investors are encouraged to consider Hawkins (HWKN) due to solid improvements in earnings estimates and positive short-term price momentum [1][2] Estimate Revisions - The rising trend in earnings estimate revisions reflects growing analyst optimism regarding Hawkins' earnings prospects, which is expected to positively impact its stock price [2] - For the current quarter, Hawkins is projected to earn $1.17 per share, representing a +6.36% change from the previous year, with a 10.38% increase in the Zacks Consensus Estimate over the last 30 days [4] - For the full year, the earnings estimate is $4.14 per share, indicating a +15.32% change from the previous year, with a 12.81% increase in the consensus estimate due to two upward revisions [5] Zacks Rank - Hawkins currently holds a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance based on favorable estimate revisions [6] - Historically, stocks with a Zacks Rank 1 have generated an average annual return of +25% since 2008, significantly outperforming the S&P 500 [3][6] Stock Performance - Hawkins' stock has increased by 26.2% over the past four weeks due to strong estimate revisions, suggesting further upside potential [7]
Surging Earnings Estimates Signal Upside for Hawkins (HWKN) Stock