Hillenbrand, Inc. (NYSE:HI) has earned a consensus rating of “Hold” from the six research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $53.00.
Several research analysts have commented on the stock. Zacks Investment Research cut shares of Hillenbrand from a “buy” rating to a “hold” rating in a research report on Tuesday, March 6th. ValuEngine upgraded shares of Hillenbrand from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, B. Riley upped their target price on shares of Hillenbrand from $50.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st.
In other news, VP Eric M. Teegarden sold 5,177 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $44.49, for a total value of $230,324.73. Following the completion of the sale, the vice president now directly owns 3,531 shares of the company’s stock, valued at approximately $157,094.19. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.81% of the company’s stock.
Hillenbrand (NYSE HI) opened at $46.90 on Tuesday. Hillenbrand has a 1 year low of $34.65 and a 1 year high of $48.00. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.62. The company has a market cap of $2,990.83, a PE ratio of 24.43 and a beta of 1.26.
Hillenbrand (NYSE:HI) last posted its earnings results on Wednesday, January 31st. The company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.49 by $0.05. Hillenbrand had a net margin of 7.52% and a return on equity of 19.51%. The firm had revenue of $397.20 million during the quarter, compared to analysts’ expectations of $384.30 million. During the same quarter in the prior year, the firm earned $0.42 EPS. Hillenbrand’s quarterly revenue was up 11.6% on a year-over-year basis. sell-side analysts forecast that Hillenbrand will post 2.36 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 16th will be paid a $0.2075 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, March 15th. Hillenbrand’s dividend payout ratio is currently 43.23%.
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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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