The price-to-earnings ratio for Hillenbrand Inc (NYSE: HI) is above average at 36.66x, Company’s 36-month beta value is 1.46.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for HI is 69.50M, and currently, short sellers hold a 2.64% ratio of that floaft. The average trading volume of HI on July 18, 2024 was 382.48K shares.
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HI) stock’s latest price update
Hillenbrand Inc (NYSE: HI) has seen a decline in its stock price by -1.71 in relation to its previous close of 43.75. However, the company has experienced a 0.02% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-07-18 that Dublin, July 18, 2024 (GLOBE NEWSWIRE) — The “Death Care Services – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for Death Care Services is estimated at US$126.8 Billion in 2023 and is projected to reach US$189.8 Billion by 2030, growing at a CAGR of 5.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. Key questions answered in the report include:
HI’s Market Performance
HI’s stock has risen by 0.02% in the past week, with a monthly rise of 2.16% and a quarterly drop of -8.00%. The volatility ratio for the week is 3.29% while the volatility levels for the last 30 days are 2.73% for Hillenbrand Inc The simple moving average for the last 20 days is 5.15% for HI stock, with a simple moving average of -2.43% for the last 200 days.
Analysts’ Opinion of HI
Many brokerage firms have already submitted their reports for HI stocks, with KeyBanc Capital Markets repeating the rating for HI by listing it as a “Overweight.” The predicted price for HI in the upcoming period, according to KeyBanc Capital Markets is $50 based on the research report published on July 10, 2024 of the current year 2024.
CL King, on the other hand, stated in their research note that they expect to see HI reach a price target of $61. The rating they have provided for HI stocks is “Strong Buy” according to the report published on December 19th, 2023.
Barrington Research gave a rating of “Outperform” to HI, setting the target price at $44 in the report published on October 14th of the previous year.
HI Trading at 0.30% from the 50-Day Moving Average
After a stumble in the market that brought HI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.30% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 3.29%, as shares surge +3.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.69% lower at present.
During the last 5 trading sessions, HI rose by +0.44%, which changed the moving average for the period of 200-days by +2.06% in comparison to the 20-day moving average, which settled at $40.97. In addition, Hillenbrand Inc saw -10.14% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HI starting from Kulmaczewski Leo, who purchase 300 shares at the price of $42.73 back on May 06 ’24. After this action, Kulmaczewski Leo now owns 2,186 shares of Hillenbrand Inc, valued at $12,819 using the latest closing price.
VanHimbergen Robert M, the Sr. VP, CFO of Hillenbrand Inc, purchase 2,400 shares at $42.58 during a trade that took place back on May 03 ’24, which means that VanHimbergen Robert M is holding 48,794 shares at $102,190 based on the most recent closing price.
Stock Fundamentals for HI
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.33 for the gross margin
The net margin for Hillenbrand Inc stands at 0.03. The total capital return value is set at 0.05. Equity return is now at value 5.04, with 1.59 for asset returns.
Based on Hillenbrand Inc (HI), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 1.33. The interest coverage ratio of the stock is 2.36.
Currently, EBITDA for the company is 374.2 million with net debt to EBITDA at 4.53. When we switch over and look at the enterprise to sales, we see a ratio of 1.67. The receivables turnover for the company is 4.48for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
In a nutshell, Hillenbrand Inc (HI) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
