Hillenbrand Inc (HI) Scheduled to Post Quarterly Earnings on Wednesday
Hillenbrand Inc (NYSE:HI) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, August 2nd. Hillenbrand has set its FY17 guidance at $2.00-2.10 EPS.
Hillenbrand (NYSE:HI) last issued its quarterly earnings results on Wednesday, May 3rd. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.05. Hillenbrand had a net margin of 7.85% and a return on equity of 20.27%. The business had revenue of $395.30 million for the quarter, compared to analyst estimates of $389.43 million. During the same period in the previous year, the business posted $0.49 earnings per share. The business’s revenue was up 2.1% compared to the same quarter last year. On average, analysts expect Hillenbrand to post $2.05 EPS for the current fiscal year and $2.21 EPS for the next fiscal year.
Shares of Hillenbrand Inc (NYSE HI) traded up 0.28% on Thursday, hitting $36.35. 58,334 shares of the stock were exchanged. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 19.04 and a beta of 1.25. Hillenbrand Inc has a one year low of $28.60 and a one year high of $39.00. The firm’s 50 day moving average price is $36.24 and its 200 day moving average price is $36.54.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Friday, June 16th were given a $0.205 dividend. The ex-dividend date was Wednesday, June 14th. This represents a $0.82 annualized dividend and a yield of 2.26%. Hillenbrand’s dividend payout ratio is presently 43.16%.
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In related news, Director David Fennell bought 302,000 shares of the stock in a transaction on Monday, June 26th. The shares were purchased at an average price of $0.10 per share, with a total value of $30,200.00. In the last three months, insiders have acquired 807,000 shares of company stock worth $79,350. 1.74% of the stock is owned by corporate insiders.
Several equities analysts have commented on HI shares. Zacks Investment Research cut shares of Hillenbrand from a “buy” rating to a “hold” rating in a research note on Tuesday, April 18th. FBR & Co reissued an “outperform” rating on shares of Hillenbrand in a research note on Tuesday, July 11th.
Hillenbrand, Inc is a diversified industrial company with multiple brands that serve a range of industries across the globe. The Company operates in two segments: the Process Equipment Group and Batesville. The Process Equipment Group businesses design, develop, manufacture and service engineered industrial equipment throughout the world.
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