Workflow
HWKN's Shares Hit 52-Week High: What's Driving the Stock?
HawkinsHawkins(US:HWKN) ZACKSยท2025-06-17 13:31

Core Insights - Hawkins, Inc. (HWKN) shares reached a new 52-week high of $140.58, closing at $136.78, with a year-over-year gain of 51.6% compared to a 1.2% decline in the industry [1][7] - The company has a market capitalization of approximately $2.8 billion and holds a Zacks Rank 3 (Hold) [2] Growth Drivers - The Water Treatment segment is experiencing rapid growth, with fiscal Q4 revenues increasing by 10% year-over-year to a record $245.3 million, driven by a 21% rise in Water Treatment segment sales [3][7] - Recent acquisitions, including Industrial Research Corporation and Wofford Water Service, are enhancing market presence in key regions such as Louisiana, Texas, Arkansas, and Mississippi, supporting the company's growth strategy [4] - A prudent pricing strategy to combat cost inflation is contributing positively to performance, alongside a commitment to increasing shareholder value [4] Earnings Estimates - The Zacks Consensus Estimate for HWKN's fiscal 2026 earnings has increased by 2.6% over the past 60 days, with an expected year-over-year growth of 8.4%, currently pegged at $4.37 per share [5][7]