Hawkins (HWKN – Research Report), the Basic Materials sector company, was revisited by a Wall Street analyst today. Analyst Hamed Khorsand from BWS Financial maintained a Buy rating on the stock and has a $160.00 price target.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Hamed Khorsand has given his Buy rating due to a combination of factors that highlight Hawkins’s strong financial performance and strategic acquisitions. The company ended fiscal 2025 with organic growth across all its segments, surpassing revenue expectations. This demonstrates Hawkins’s ability to grow organically, even as it continues to pursue acquisitions, particularly in its water treatment business.
Additionally, the recent acquisition of WaterSurplus for $150 million, with potential earnouts of $53.7 million, represents a significant expansion effort. The synergies expected from this acquisition are likely to enhance Hawkins’s operational efficiency and market position. Although the fiscal 2026 earnings per share forecast has been adjusted downward to account for the interest expenses from this acquisition, the overall sales projections have been revised upward, indicating a positive outlook for the company’s future growth.