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NYSE:HI

Hillenbrand (HI) Stock Price, News & Analysis

$44.06
-0.41 (-0.92%)
(As of 05/28/2024 ET)
Today's Range
$43.67
$44.86
50-Day Range
$41.48
$50.29
52-Week Range
$37.19
$53.76
Volume
290,655 shs
Average Volume
298,110 shs
Market Capitalization
$3.09 billion
P/E Ratio
36.41
Dividend Yield
2.02%
Price Target
$61.00

Hillenbrand MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
4.00 Rating Score
Upside/​Downside
38.4% Upside
$61.00 Price Target
Short Interest
Bearish
2.46% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.22
Upright™ Environmental Score
News Sentiment
1.18mentions of Hillenbrand in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$401,645 Sold Last Quarter
Proj. Earnings Growth
18.10%
From $3.37 to $3.98 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.41 out of 5 stars

Industrial Products Sector

25th out of 166 stocks

Miscellaneous Manufacturing Industries Industry

1st out of 8 stocks

HI stock logo

About Hillenbrand Stock (NYSE:HI)

Hillenbrand, Inc. operates as an industrial company in the United States and internationally. The company operates through two segments, Advanced Process Solutions and Molding Technology Solutions. The Advanced Process Solutions segment designs, engineers, manufactures, markets, and services process and material handling equipment and systems comprising compounding, extrusion, and material handling equipment, equipment system design services, as well as offers mixing technology, ingredient automation, and portion process; and provides screening and separating equipment for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals, energy, wastewater treatment, forest products, and other general industrials. The Molding Technology Solutions segment offers injection molding and extrusion equipment; hot runner systems; process control systems; mold bases and components; maintenance and repair services; and aftermarket parts and service for various industries, including automotive, consumer goods, medical, packaging, construction, and electronics. The company was founded in 1906 and is headquartered in Batesville, Indiana.

HI Stock Price History

HI Stock News Headlines

Hillenbrand, Inc. (HI)
Q2 2024 Hillenbrand Inc Earnings Call
Hillenbrand earnings: here's what Wall Street expects
Booming Dayton manufacturer selects new CEO
Oldenburg Academy 3rd Quarter Honor Roll
Golf: Golden Bears get 7-stroke win over Pirates
See More Headlines
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Company Calendar

Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Last Earnings
4/30/2024
Today
5/28/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous manufacturing industries
Sub-Industry
Specialized Consumer Services
CUSIP
43157110
Employees
10,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$61.00
High Stock Price Target
$61.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+38.4%
Consensus Rating
Strong Buy
Rating Score (0-4)
4.00
Research Coverage
1 Analysts

Profitability

Net Income
$569.70 million
Pretax Margin
5.99%

Debt

Sales & Book Value

Annual Sales
$2.83 billion
Cash Flow
$5.33 per share
Book Value
$23.78 per share

Miscellaneous

Free Float
68,931,000
Market Cap
$3.09 billion
Optionable
Optionable
Beta
1.49
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HI Stock Analysis - Frequently Asked Questions

Should I buy or sell Hillenbrand stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hillenbrand in the last twelve months. There are currently 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" HI shares.
View HI analyst ratings
or view top-rated stocks.

What is Hillenbrand's stock price target for 2024?

1 Wall Street analysts have issued 1 year target prices for Hillenbrand's stock. Their HI share price targets range from $61.00 to $61.00. On average, they expect the company's stock price to reach $61.00 in the next year. This suggests a possible upside of 38.4% from the stock's current price.
View analysts price targets for HI
or view top-rated stocks among Wall Street analysts.

How have HI shares performed in 2024?

Hillenbrand's stock was trading at $47.85 on January 1st, 2024. Since then, HI stock has decreased by 7.9% and is now trading at $44.06.
View the best growth stocks for 2024 here
.

Are investors shorting Hillenbrand?

Hillenbrand saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,710,000 shares, an increase of 11.0% from the April 30th total of 1,540,000 shares. Based on an average trading volume of 293,900 shares, the days-to-cover ratio is currently 5.8 days. Approximately 2.5% of the company's stock are short sold.
View Hillenbrand's Short Interest
.

When is Hillenbrand's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our HI earnings forecast
.

How were Hillenbrand's earnings last quarter?

Hillenbrand, Inc. (NYSE:HI) announced its quarterly earnings results on Tuesday, April, 30th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.01. The business had revenue of $785.30 million for the quarter, compared to analyst estimates of $801.55 million. Hillenbrand had a net margin of 2.79% and a trailing twelve-month return on equity of 14.75%. The company's revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.74 earnings per share.

How often does Hillenbrand pay dividends? What is the dividend yield for Hillenbrand?

Hillenbrand announced a quarterly dividend on Wednesday, May 8th. Stockholders of record on Friday, June 14th will be given a dividend of $0.222 per share on Friday, June 28th. This represents a $0.89 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend is Friday, June 14th.
Read our dividend analysis for HI
.

Is Hillenbrand a good dividend stock?

Hillenbrand (NYSE:HI) pays an annual dividend of $0.89 per share and currently has a dividend yield of 2.00%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 73.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HI will have a dividend payout ratio of 22.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HI.

What guidance has Hillenbrand issued on next quarter's earnings?

Hillenbrand updated its third quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of 0.800-0.850 for the period, compared to the consensus EPS estimate of 1.020. The company issued revenue guidance of -.

What is Joe Raver's approval rating as Hillenbrand's CEO?

11 employees have rated Hillenbrand Chief Executive Officer Joe Raver on Glassdoor.com. Joe Raver has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Hillenbrand own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hillenbrand investors own include Advanced Micro Devices (AMD), AbbVie (ABBV), Kroger (KR), Pfizer (PFE), Target (TGT), Abbott Laboratories (ABT), General Mills (GIS), Verizon Communications (VZ) and Cisco Systems (CSCO).

Who are Hillenbrand's major shareholders?

Hillenbrand's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.40%), Janus Henderson Group PLC (2.57%), William Blair Investment Management LLC (1.13%), Raymond James & Associates (0.54%), Principal Financial Group Inc. (0.52%) and LSV Asset Management (0.41%). Insiders that own company stock include Christopher H Trainor, Helen W Cornell, J Michael Whitted, Jennifer Rumsey, Joe Anthony Raver, Kimberly K Ryan, Leo Kulmaczewski, Ling An-Heid, Megan A Walke, Nicholas R Farrell, Robert M Vanhimbergen and Ulrich Bartel.
View institutional ownership trends
.

How do I buy shares of Hillenbrand?

Shares of HI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HI) was last updated on 5/29/2024 by MarketBeat.com Staff

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