NYSE:HI

Hillenbrand (HI) Stock Forecast, Price & News

$41.88

-1.32 (-3.06%)

(As of 10/3/2023 ET)

Compare

Today's Range: $41.72
▼
$43.25
50-Day Range: $42.20
▼
$51.94
52-Week Range: $36.25
▼
$53.76

Volume: 207,916 shs
Average Volume: 312,001 shs
Market Capitalization: $2.93 billion

P/E Ratio: 4.82
Dividend Yield: 2.10%
Price Target: N/A

Hillenbrand MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
1.42% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -3.22
Upright™ Environmental Score
News Sentiment: 0.66
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.57%
From $3.45 to $3.78 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Industrial Products Sector

80th out of 180 stocks

Miscellaneous Manufacturing Industries Industry

5th out of 9 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Hillenbrand.

2.0

Short Interest

Percentage of Shares Shorted
1.42% of the float of Hillenbrand has been sold short.
Short Interest Ratio / Days to Cover
Hillenbrand has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Hillenbrand has recently increased by 42.58%, indicating that investor sentiment is decreasing significantly.

4.2

Dividend Strength

Dividend Yield
Hillenbrand pays a meaningful dividend of 2.06%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Hillenbrand has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of Hillenbrand is 10.14%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Hillenbrand will have a dividend payout ratio of 23.28% next year. This indicates that Hillenbrand will be able to sustain or increase its dividend.

1.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Hillenbrand has received a -32.19% net impact score from Upright. The largest negative impact of Hillenbrand in category "GHG emissions" seems to be driven mostly by its "Plastic extrusion machines", "Metal extrusion machines", "Plastic injection molding machines", and "Industrial moulds" products. See details.
Environmental Sustainability
The Environmental Impact score for Hillenbrand is -3.22.

2.6

News and Social Media Coverage

News Sentiment
Hillenbrand has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Hillenbrand this week, compared to 3 articles on an average week.
Search Interest
3 people have searched for HI on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added Hillenbrand to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hillenbrand insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.00% of the stock of Hillenbrand is held by insiders.
Percentage Held by Institutions
89.12% of the stock of Hillenbrand is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Hillenbrand are expected to grow by 9.57% in the coming year, from $3.45 to $3.78 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hillenbrand is 4.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hillenbrand is 4.82, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.32.
Price to Book Value per Share Ratio
Hillenbrand has a P/B Ratio of 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Hillenbrand (NYSE:HI) Stock

Hillenbrand, Inc. operates as a diversified industrial company in the United States and internationally. It operates through three segments: Advanced Process Solutions, Molding Technology Solutions, and Batesville. 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, as well as offers equipment system design services; 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; and mold bases and components for various industries, including automotive, consumer goods, medical, packaging, construction, and electronics. The Batesville segment designs, manufactures, distributes, and sells funeral services products and solutions, such as burial caskets, cremation caskets, containers and urns, other personalization and memorialization products, and web-based technology applications. The company was founded in 1906 and is headquartered in Batesville, Indiana.

HI Price History

30 days | 90 days | 365 days | Advanced Chart

HI Stock News Headlines

October 3, 2023 | finance.yahoo.com

Is Now The Time To Look At Buying Hillenbrand, Inc. (NYSE:HI)?

October 2, 2023 | bizjournals.com

Forty Under 40 Hall of Fame: Ja Hillebrand on growing Stock Yards Bank in Louisville by keeping a pulse on the past

October 3, 2023 | Investor Place Media (Ad)

Elon Musk May Have Just Changed Everything

Quantum computing, 3D Printing and Gene-Editing are 3 most disruptive pieces of technology in recent times. None compare to a project Elon Musk released which could mint the world’s first trillionaire.

October 2, 2023 | americanbankingnews.com

Hillenbrand (NYSE:HI) Cut to "Hold" at StockNews.com

October 1, 2023 | americanbankingnews.com

Hillenbrand (NYSE:HI) Rating Lowered to Hold at StockNews.com

September 11, 2023 | finance.yahoo.com

Zacks Industry Outlook Highlights W.W. Grainger, MSC Industrial, Hillenbrand and DMC Global

September 7, 2023 | msn.com

Hillenbrand: There Is Upside, But Time Is Needed

September 7, 2023 | bizjournals.com

Five Things: Millionaire leaves huge gifts to UC, Cincinnati Zoo; Eastgate Mall has new owner

October 3, 2023 | Investor Place Media (Ad)

Elon Musk May Have Just Changed Everything

September 6, 2023 | marketwatch.com

Hillenbrand Inc. stock rises Wednesday, outperforms market

September 6, 2023 | finance.yahoo.com

Hillenbrand completes $730 million acquisition of Schenck

September 5, 2023 | bizjournals.com

Schenck Process sells KC-based unit for $730M

September 1, 2023 | finance.yahoo.com

Hillenbrand Completes Acquisition of the Schenck Process Food and Performance Materials Business, Accelerating Growth as a Global Industrial Leader

August 30, 2023 | seekingalpha.com

Hillenbrand: Remaining On The Sidelines

August 29, 2023 | finance.yahoo.com

Hillenbrand (NYSE:HI) Has Announced A Dividend Of $0.22

August 28, 2023 | msn.com

Fashion brand H Bar C revives country and western's appeal

August 24, 2023 | news.yahoo.com

Hillenbrand donates to Batesville community through the Partner with Possibility Fund and the Ripley County Community Foundation

August 24, 2023 | finance.yahoo.com

Hillenbrand Declares Fourth Quarter Dividend of $0.22 Per Share

August 16, 2023 | marketwatch.com

Hillenbrand Inc. stock underperforms Wednesday when compared to competitors

August 15, 2023 | marketwatch.com

Hillenbrand Inc. stock underperforms Tuesday when compared to competitors

August 15, 2023 | finance.yahoo.com

Hillenbrand (HI) Loses -9.82% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

August 7, 2023 | news.yahoo.com

Purdue West Lafayette Campus to get eight-story, 896-bed residence hall

August 3, 2023 | washingtonpost.com

Hillenbrand: Fiscal Q3 Earnings Snapshot

August 3, 2023 | marketwatch.com

Hillenbrand Inc. stock falls Wednesday, still outperforms market

August 3, 2023 | finance.yahoo.com

Hillenbrand Reports Fiscal Third Quarter 2023 Results

July 18, 2023 | finance.yahoo.com

Hillenbrand Schedules Third Quarter 2023 Earnings Call for August 3, 2023

July 14, 2023 | finance.yahoo.com

HI - Hillenbrand, Inc.

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HI Company Calendar

Last Earnings: 8/02/2023
Ex-Dividend for 9/29 Dividend: 9/14/2023
Dividend Payable: 9/29/2023
Today: 10/03/2023
Next Earnings (Estimated): 11/15/2023
Fiscal Year End: 9/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous manufacturing industries
Sub-Industry: Specialized Consumer Services
Sector: Industrial Products
Current Symbol: NYSE:HI
CUSIP: 43157110
CIK: 1417398
Web: www.hillenbrand.com
Phone: (812) 934-7000
Fax: 812-934-7613
Employees: 11,000
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $8.68
Trailing P/E Ratio: 4.83
Forward P/E Ratio: 12.14
P/E Growth: N/A
Net Income: $208.90 million
Net Margins: 21.62%
Pretax Margin: 11.45%
Return on Equity: 17.04%
Return on Assets: 5.26%

Debt

Debt-to-Equity Ratio: 0.79
Current Ratio: 1.34
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $3.29 billion
Price / Sales: 0.89
Cash Flow: $5.64 per share
Price / Cash Flow: 7.43
Book Value: $15.95 per share
Price / Book: 2.63

Miscellaneous

Outstanding Shares: 69,915,000
Free Float: 68,517,000
Market Cap: $2.93 billion
Optionable: Optionable
Beta: 1.49

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Key Executives

Ms. Kimberly K. Ryan (Age 56)
Pres, CEO & Director
Comp: $2M

Mr. Robert M. VanHimbergen (Age 46)
CFO & Sr. VP
Comp: $573.58k

Mr. Nicholas R. Farrell (Age 44)
Sr. VP, Gen. Counsel & Sec.
Comp: $1.03M

Ms. Aneesha Arora (Age 45)
Sr. VP & Chief HR Officer
Comp: $1.89M

Mr. Christopher H. Trainor (Age 53)
Sr. VP
Comp: $1.14M

Ms. Megan A. Walke (Age 44)
VP & Chief Accounting Officer

Mr. Bhavik N. Soni (Age 49)
Sr. VP & Chief Information Officer

Sam Mynsberge
Director of Investor Relations

Mr. Paul Whitmore
Mang. of Corp. Communications

Mr. Jonathan Michael Whitted (Age 51)
Sr. VP of Strategy & Corp. Devel.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HI Stock - Frequently Asked Questions

How have HI shares performed in 2023?: Hillenbrand's stock was trading at $42.67 at the start of the year. Since then, HI stock has decreased by 1.8% and is now trading at $41.89.
View the best growth stocks for 2023 here.
Are investors shorting Hillenbrand?: Hillenbrand saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 982,200 shares, an increase of 42.6% from the August 31st total of 688,900 shares. Based on an average daily volume of 232,400 shares, the short-interest ratio is currently 4.2 days. Approximately 1.4% of the shares of the 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, November 15th 2023.
View our HI earnings forecast.
How were Hillenbrand's earnings last quarter?: Hillenbrand, Inc. (NYSE:HI) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. The firm earned $716.60 million during the quarter, compared to analysts' expectations of $728 million. Hillenbrand had a trailing twelve-month return on equity of 17.04% and a net margin of 21.62%. The firm's revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 EPS.
How often does Hillenbrand pay dividends? What is the dividend yield for Hillenbrand?: Hillenbrand declared a quarterly dividend on Thursday, August 24th. Stockholders of record on Friday, September 15th will be given a dividend of $0.22 per share on Friday, September 29th. This represents a $0.88 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Thursday, September 14th.
Read our dividend analysis for HI.
What ETFs hold Hillenbrand's stock?: ETFs with the largest weight of Hillenbrand (NYSE:HI) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI), Dividend Performers ETF (IPDP), Invesco S&P SmallCap Quality ETF (XSHQ), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), SPDR S&P 600 Small Cap Growth ETF (SLYG), iShares S&P Small-Cap 600 Growth ETF (IJT), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Xtrackers S&P SmallCap 600 ESG ETF (SMLE).
Is Hillenbrand a good dividend stock?: Hillenbrand (NYSE:HI) pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.06%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 10.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HI will have a dividend payout ratio of 23.28% 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 issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $3.40-$3.50 for the period, compared to the consensus estimate of $3.42. The company issued revenue guidance of $2.77 billion-$2.81 billion, compared to the consensus revenue estimate of $2.82 billion.

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).
What is Hillenbrand's stock symbol?: Hillenbrand trades on the New York Stock Exchange (NYSE) under the ticker symbol "HI."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Hillenbrand's stock price today?: One share of HI stock can currently be purchased for approximately $41.89.
How much money does Hillenbrand make?: Hillenbrand (NYSE:HI) has a market capitalization of $2.93 billion and generates $3.29 billion in revenue each year. The company earns $208.90 million in net income (profit) each year or $8.68 on an earnings per share basis.
How many employees does Hillenbrand have?: The company employs 11,000 workers across the globe.
How can I contact Hillenbrand?: Hillenbrand's mailing address is ONE BATESVILLE BOULEVARD, BATESVILLE IN, 47006. The official website for the company is www.hillenbrand.com. The company can be reached via phone at (812) 934-7000, via email at rich.dudley@hillenbrand.com, or via fax at 812-934-7613.

This page (NYSE:HI) was last updated on 10/3/2023 by MarketBeat.com Staff

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Hillenbrand (HI) Stock Forecast, Price & News

Hillenbrand MarketRank™ Forecast

Overall MarketRank™