Hillenbrand Inc (HI) Shares Up Despite Recent Market Volatility

Hillenbrand Inc (NYSE: HI)’s stock price has increased by 2.56 compared to its previous closing price of 32.81. However, the company has seen a 0.36% increase in its stock price over the last five trading sessions. benzinga.com reported 2024-08-12 that Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Is It Worth Investing in Hillenbrand Inc (NYSE: HI) Right Now?

HI has 36-month beta value of 1.43. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for HI is 69.63M, and currently, short sellers hold a 2.27% ratio of that float. The average trading volume of HI on August 23, 2024 was 432.69K shares.

HI’s Market Performance

HI stock saw a decrease of 0.36% in the past week, with a monthly decline of -22.02% and a quarterly a decrease of -23.23%. The volatility ratio for the week is 2.70%, and the volatility levels for the last 30 days are 3.93% for Hillenbrand Inc (HI). The simple moving average for the last 20 days is -9.79% for HI stock, with a simple moving average of -23.36% for the last 200 days.

Analysts’ Opinion of HI

Many brokerage firms have already submitted their reports for HI stocks, with DA Davidson repeating the rating for HI by listing it as a “Neutral.” The predicted price for HI in the upcoming period, according to DA Davidson is $33 based on the research report published on August 12, 2024 of the current year 2024.

KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see HI reach a price target of $50. The rating they have provided for HI stocks is “Overweight” according to the report published on July 10th, 2024.

CL King gave a rating of “Strong Buy” to HI, setting the target price at $61 in the report published on December 19th of the previous year.

HI Trading at -15.68% 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 -33.47% of loss for the given period.

Volatility was left at 3.93%, however, over the last 30 days, the volatility rate increased by 2.70%, as shares sank -23.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.09% lower at present.

During the last 5 trading sessions, HI rose by +0.89%, which changed the moving average for the period of 200-days by -14.79% in comparison to the 20-day moving average, which settled at $36.78. In addition, Hillenbrand Inc saw -29.68% 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.

RYAN KIMBERLY K, the President & CEO of Hillenbrand Inc, purchase 2,350 shares at $42.69 during a trade that took place back on May 03 ’24, which means that RYAN KIMBERLY K is holding 135,954 shares at $100,322 based on the most recent closing price.

Stock Fundamentals for HI

Current profitability levels for the company are sitting at:

  • 0.09 for the present operating margin
  • 0.32 for the gross margin

The net margin for Hillenbrand Inc stands at -0.07. The total capital return value is set at 0.07. Equity return is now at value -13.60, with -4.16 for asset returns.

Based on Hillenbrand Inc (HI), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 1.54. The interest coverage ratio of the stock is 2.52.

Currently, EBITDA for the company is 374.2 million with net debt to EBITDA at 4.34. When we switch over and look at the enterprise to sales, we see a ratio of 1.42. The receivables turnover for the company is 4.57for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.

Conclusion

To put it simply, Hillenbrand Inc (HI) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.

Most Popular

Related Posts