Reuben Garner, an analyst from Benchmark Co., maintained the Buy rating on Hillman Solutions. The associated price target is $15.00.
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Reuben Garner has given his Buy rating due to a combination of factors that highlight Hillman Solutions’ strong financial performance and strategic positioning. The company reported impressive second-quarter results, with revenue, EBITDA, and EPS surpassing market expectations. This performance was bolstered by recent acquisitions and new business wins, which helped mitigate market headwinds and achieve approximately 6% year-over-year sales growth.
Hillman Solutions has effectively managed tariff-related challenges through a strategic sourcing approach, reducing its exposure to Chinese tariffs significantly. The company’s ability to navigate trade disruptions and maintain strong relationships with retailers positions it well for future growth. Despite some volume challenges due to macroeconomic conditions, Hillman’s higher margin profile and declining leverage suggest a promising outlook. Garner believes that as market conditions stabilize, Hillman will experience better earnings growth and an improved valuation over time.
According to TipRanks, Garner is a 5-star analyst with an average return of 14.3% and a 59.01% success rate. Garner covers the Industrials sector, focusing on stocks such as TopBuild, Trex Company, and Bluelinx Holdings.
In another report released today, Stifel Nicolaus also maintained a Buy rating on the stock with a $10.75 price target.