Blackhawk Network Holdings, Inc. (HAWK - Free Report) was a big mover last session, as its shares rose a little over 8% on the day. The move came after the company announced that it would add two independent directors to its board in an agreement with activist investor Jana Partners LLC. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $35.30 to $37.90 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Blackhawk Network Holdings currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the Financial - Miscellaneous Services space is Houlihan Lokey, Inc. (HLI - Free Report) , sporting a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is HAWK going up? Or down? Predict to see what others think: Up or Down
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