Hillenbrand (HI) Getting Somewhat Positive News Coverage, Accern Reports

News coverage about Hillenbrand (NYSE:HI) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hillenbrand earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.1119706767405 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Hillenbrand (NYSE HI) remained flat at $$44.85 during trading hours on Monday. The company’s stock had a trading volume of 745,060 shares, compared to its average volume of 273,609. The firm has a market cap of $2,830.00, a price-to-earnings ratio of 21.36 and a beta of 1.41. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.16 and a quick ratio of 0.86. Hillenbrand has a 1-year low of $34.65 and a 1-year high of $46.00.

Hillenbrand (NYSE:HI) last released its quarterly earnings data on Wednesday, November 15th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.04. The business had revenue of $442.90 million during the quarter, compared to analysts’ expectations of $427.45 million. Hillenbrand had a net margin of 7.94% and a return on equity of 19.26%. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.58 EPS. analysts forecast that Hillenbrand will post 2.23 earnings per share for the current year.

Several equities analysts have commented on HI shares. Zacks Investment Research downgraded shares of Hillenbrand from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. Capital One Financial started coverage on shares of Hillenbrand in a research note on Monday, October 23rd. They issued an “equal weight” rating for the company. Finally, B. Riley set a $50.00 price target on shares of Hillenbrand and gave the stock a “buy” rating in a research note on Thursday, November 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $50.00.

In other news, insider Joe Anthony Raver sold 34,565 shares of Hillenbrand stock in a transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Diane R. Bohman sold 6,873 shares of Hillenbrand stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $43.50, for a total transaction of $298,975.50. Following the sale, the senior vice president now directly owns 36,544 shares of the company’s stock, valued at $1,589,664. The disclosure for this sale can be found here. 1.74% of the stock is currently owned by insiders.

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About Hillenbrand

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.

Insider Buying and Selling by Quarter for Hillenbrand (NYSE:HI)

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