Hillenbrand Now Covered by Sidoti (HI)
Equities research analysts at Sidoti began coverage on shares of Hillenbrand (NYSE:HI) in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at CL King initiated coverage on shares of Hillenbrand in a research note to investors on Tuesday, September 10th. They set a “strong-buy” rating on the stock. Analysts at Davenport initiated coverage on shares of Hillenbrand in a research note to investors on Thursday, August 22nd. They set a “buy” rating on the stock.
Shares of Hillenbrand (NYSE:HI) traded up 3.37% during mid-day trading on Thursday, hitting $27.95. 314,133 shares of the company’s stock traded hands. Hillenbrand has a 1-year low of $18.54 and a 1-year high of $28.20. The stock has a 50-day moving average of $26.46 and a 200-day moving average of $24.92. The company has a market cap of $1.756 billion and a P/E ratio of 26.03.
Hillenbrand (NYSE:HI) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.45 by $0.03. The company had revenue of $409.00 million for the quarter, compared to the consensus estimate of $423.80 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was up 71.8% on a year-over-year basis. On average, analysts predict that Hillenbrand will post $1.90 earnings per share for the current fiscal year.
Hillenbrand, Inc (NYSE:HI) is a global industrial company, which makes and sells premium business-to-business products and services for a range of industries.
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