Hillenbrand Inc. (NYSE:HI) Relative Strength Index (RSI) is 42.95, with weekly volatility at 1.82% and ATR at 1.19. The HI stock’s 52-week price range has touched low of $24.50 and a $52.84 high. Intraday shares traded counted 0.35 million, which was 0.32% higher than its 30-day average trading volume of 348.91K. Its shares traded lower over the last trading session, losing -1.21% on 06/10/21. The shares fell to a low of $44.97 before closing at $45.07. HI’s previous close was $45.62 while the outstanding shares total 75.50M. The firm has a beta of 1.55, a 12-month trailing P/E ratio of 19.92, and a growth ratio of 1.59.
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 $3.37 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.
HI were able to record 247.4 million as free cash flow during the 08/04/2021 quarter of the year, this saw their quarterly net cash flow reduce by 35.5 million. In cash movements, the company had a total of 259.0 million as operating cash flow.
Potential earnings growth for Hillenbrand Inc. (HI)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/04/2021 quarter of the year, Hillenbrand Inc. recorded a total of 722.3 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 10.16% coming in sequential stages and their sales for the 08/04/2021 quarter increasing by 4.13%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 476.4 million trying to sell their products during the last quarter, with the result yielding a gross income of 245.9 million. This allows shareholders to hold on to 75.50M with the recently reported earning now reading 1.05 cents per share. This is a figure that compared to analyst’s prediction for their 08/04/2021 (0.98 cents a share).
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 $57.50.