Jefferies raises Nvidia stock price target to $205 on strong demand
Wednesday, Stifel analysts reiterated a Buy rating for Hillman Solutions Corp. (NASDAQ: HLMN) shares, maintaining a $16.00 price target. According to InvestingPro data, this target represents a 58% upside from the current price of $10.14, with analyst targets ranging from $11 to $16. The firm’s analysts highlighted Hillman Solutions’ ability to achieve organic Adjusted EBITDA growth close to 10% despite a 4% decline in organic sales growth in FY24. The company’s current EBITDA stands at $218.84 million, while its gross profit margin has reached an impressive 48.07%. This performance aligns with several positive indicators identified by InvestingPro, including expected net income growth and strong liquidity position. Subscribers can access 7 additional ProTips and comprehensive financial metrics through the Pro Research Report.
The comprehensive analysis by Stifel reflects on Hillman Solutions’ performance in a challenging market environment. The company managed to improve its profitability metrics, with a substantial increase in gross profit margin, establishing a new threshold for future operations. The analysts noted that the company’s financial achievements were accomplished against the backdrop of softer market conditions that led to a decrease in organic sales growth.
Looking ahead, Stifel’s outlook for Hillman Solutions in FY25 is cautiously optimistic. The company, currently valued at $1.98 billion, is expected to see top-line growth of approximately 4%. This projection accounts for a 1% volume headwind, a neutral impact from pricing, and a combined contribution of 5% from new business wins and the rollover of Intex business. With a current ratio of 2.26, the company maintains strong financial health, supporting its growth initiatives.
The Stifel report also provided a detailed breakdown of the expected growth drivers for Hillman Solutions. The analysts predict that while volume presents a challenge, the company’s strategic wins in securing new business and the continued integration of Intex are likely to offset these headwinds and support revenue growth.
In summary, Stifel’s reaffirmation of the Buy rating and price target for Hillman Solutions Corp. is based on the company’s demonstrated resilience in FY24 and the anticipated growth factors for FY25. The analysts underscore the company’s ability to enhance its profit margins and navigate through market challenges while setting the stage for continued growth in the coming fiscal year.
In other recent news, Hillman Solutions reported fourth-quarter earnings that did not meet analyst expectations, with earnings per share (EPS) of $0.10, falling short by $0.01. The company’s revenue for the quarter was $349.6 million, slightly under the consensus estimate of $350.19 million. Despite these figures, Hillman Solutions’ net sales saw a small increase of 0.5% compared to the same quarter last year. For the full year of 2025, the company has provided revenue guidance ranging from $1.50 to $1.58 billion, aligning closely with the consensus of $1.54 billion. In terms of strategic outlook, the newly appointed CEO, Jon Michael Adinolfi, has expressed plans to grow the company’s top and bottom lines through various initiatives, including acquisitions. Additionally, Hillman Solutions has been recognized with vendor of the year awards from Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW). On the analyst front, Benchmark upgraded its price target for Hillman Solutions’ shares from $13.00 to $16.00, maintaining a Buy rating. This upgrade reflects confidence in the company’s growth potential and strategic direction despite current market challenges.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.