Trading Day Review: Hillenbrand Inc (HI) Loses Momentum, Closing at 41.43

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The price of Hillenbrand Inc (NYSE: HI) closed at $41.43 in the last session, down -13.18% from day before closing price of $47.72. In other words, the price has decreased by -$13.18 from its previous closing price. On the day, 1.17 million shares were traded. HI stock price reached its highest trading level at $44.01 during the session, while it also had its lowest trading level at $40.38.

Ratios:

We take a closer look at HI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.25.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, CL King on December 19, 2023, initiated with a Strong Buy rating and assigned the stock a target price of $61.

On October 14, 2020, Barrington Research started tracking the stock assigning a Outperform rating and target price of $44.

DA Davidson Upgraded its Neutral to Buy on July 15, 2019, while the target price for the stock was maintained at $43.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when FARRELL NICHOLAS R sold 8,542 shares for $47.02 per share. The transaction valued at 401,651 led to the insider holds 41,951 shares of the business.

VanHimbergen Robert M bought 11,319 shares of HI for $511,947 on Feb 09 ’24. The Sr. VP, CFO now owns 34,559 shares after completing the transaction at $45.23 per share. On Feb 09 ’24, another insider, RYAN KIMBERLY K, who serves as the President & CEO of the company, bought 5,600 shares for $44.94 each. As a result, the insider paid 251,664 and bolstered with 133,604 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HI now has a Market Capitalization of 2906388992 and an Enterprise Value of 4907385856. As of this moment, Hillenbrand’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.64, and their Forward P/E ratio for the next fiscal year is 10.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 1.615 whereas that against EBITDA is 10.517.

Stock Price History:

The Beta on a monthly basis for HI is 1.50, which has changed by -0.08864933 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, HI has reached a high of $53.76, while it has fallen to a 52-week low of $37.19. The 50-Day Moving Average of the stock is -13.90%, while the 200-Day Moving Average is calculated to be -8.27%.

Shares Statistics:

According to the various share statistics, HI traded on average about 299.15K shares per day over the past 3-months and 315710 shares per day over the past 10 days. A total of 69.90M shares are outstanding, with a floating share count of 69.43M. Insiders hold about 1.03% of the company’s shares, while institutions hold 89.05% stake in the company. Shares short for HI as of 1713139200 were 1556979 with a Short Ratio of 5.20, compared to 1710460800 on 1593846. Therefore, it implies a Short% of Shares Outstanding of 1556979 and a Short% of Float of 3.08.

Dividends & Splits

The forward annual dividend rate for HI is 0.89, which was 0.44 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.009220452The stock’s 5-year Average Dividend Yield is 2.24.

Earnings Estimates

The market rating for Hillenbrand Inc (HI) is a result of the insights provided by 4.0 analysts actively involved in the assessment.On average, analysts expect EPS of $0.75 for the current quarter, with a high estimate of $0.75 and a low estimate of $0.74, while EPS last year was $0.74. The consensus estimate for the next quarter is $1.02, with high estimates of $1.05 and low estimates of $1.0.

Analysts are recommending an EPS of between $3.78 and $3.65 for the fiscal current year, implying an average EPS of $3.7. EPS for the following year is $4.14, with 4.0 analysts recommending between $4.25 and $4.0.

Revenue Estimates

For the next quarter, 4 analysts are estimating revenue of $853.83M. There is a high estimate of $868.62M for the next quarter, whereas the lowest estimate is $840.4M.

A total of 4 analysts have provided revenue estimates for HI’s current fiscal year. The highest revenue estimate was $3.35B, while the lowest revenue estimate was $3.31B, resulting in an average revenue estimate of $3.33B. In the same quarter a year ago, actual revenue was $2.83BBased on 4 analysts’ estimates, the company’s revenue will be $3.49B in the next fiscal year. The high estimate is $3.51B and the low estimate is $3.48B.

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