Hillenbrand (HI) to Release Quarterly Earnings on Tuesday

Hillenbrand (NYSE:HI) is set to issue its quarterly earnings data after the market closes on Tuesday, January 30th.

Hillenbrand (NYSE:HI) last issued its quarterly earnings data on Wednesday, November 15th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.04. The company had revenue of $442.90 million for the quarter, compared to analyst estimates of $427.45 million. Hillenbrand had a return on equity of 19.26% and a net margin of 7.94%. The business’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.58 earnings per share. On average, analysts expect Hillenbrand to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hillenbrand (HI) opened at $45.15 on Tuesday. The stock has a market capitalization of $2,879.50, a PE ratio of 22.80 and a beta of 1.41. Hillenbrand has a twelve month low of $34.65 and a twelve month high of $46.50. The company has a current ratio of 1.16, a quick ratio of 0.86 and a debt-to-equity ratio of 0.58.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Monday, December 18th were issued a dividend of $0.2075 per share. This is a positive change from Hillenbrand’s previous quarterly dividend of $0.21. The ex-dividend date was Friday, December 15th. This represents a $0.83 annualized dividend and a dividend yield of 1.84%. Hillenbrand’s dividend payout ratio (DPR) is presently 41.92%.

In other news, SVP Diane R. Bohman sold 6,873 shares of Hillenbrand stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $43.50, for a total transaction of $298,975.50. Following the completion of the sale, the senior vice president now directly owns 36,544 shares in the company, valued at approximately $1,589,664. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Joe Anthony Raver sold 34,565 shares of Hillenbrand stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $43.25, for a total transaction of $1,494,936.25. The disclosure for this sale can be found here. 1.81% of the stock is currently owned by company insiders.

A number of equities analysts recently issued reports on the company. B. Riley set a $50.00 price target on Hillenbrand and gave the stock a “buy” rating in a report on Thursday, November 16th. Zacks Investment Research raised Hillenbrand from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a report on Tuesday, December 12th. Capital One Financial assumed coverage on Hillenbrand in a report on Monday, October 23rd. They set an “equal weight” rating on the stock. Finally, ValuEngine raised Hillenbrand from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $50.50.

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Hillenbrand Company Profile

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.

Earnings History for Hillenbrand (NYSE:HI)

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