Hillenbrand Inc. (NYSE:HI) shares fell to a low of $45.77 before closing at $46.68. Intraday shares traded counted 0.34 million, which was 9.35% higher than its 30-day average trading volume of 375.28K. HI’s previous close was $45.76 while the outstanding shares total 75.50M. The firm has a beta of 1.56, a 12-month trailing P/E ratio of 20.63, and a growth ratio of 1.65. The stock’s Relative Strength Index (RSI) is 45.24, with weekly volatility at 3.45% and ATR at 1.42. The HI stock’s 52-week price range has touched low of $17.48 and a $52.84 high. The stock traded higher over the last trading session, gaining 2.01% on 05/14/21.
Investors have identified the Specialty Industrial Machinery company Hillenbrand Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.44 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Hillenbrand Inc. (HI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For HI, the company has in raw cash 344.9 million on their books with 0.0 currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 1.32 billion total, with 920.5 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.55 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on HI sounds very interesting.
Is the stock of HI attractive?
In related news, Senior Vice President, An-Heid Ling sold 53,724 shares of the company’s stock in a transaction that recorded on Mar 01. The sale was performed at an average price of 47.67, for a total value of 2,561,023. As the sale deal closes, the Senior Vice President, An-Heid Ling now sold 4,148 shares of the company’s stock, valued at 191,638. Also, Senior Vice President, Jones Michael M. sold 8,000 shares of the company’s stock in a deal that was recorded on Nov 24. The shares were price at an average price of 38.89 per share, with a total market value of 311,120. Following this completion of acquisition, the See Remarks, FARRELL NICHOLAS R now holds 1,437 shares of the company’s stock, valued at 56,043. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.60%.
4 out of 4 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Hillenbrand Inc.. 0 analysts has assigned a Sell rating on the HI stock. The 12-month mean consensus price target for the company’s shares has been set at $55.50.