Hillenbrand (HI) Expected to Announce Quarterly Earnings on Wednesday

Hillenbrand (NYSE:HI) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $695.46 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Hillenbrand (NYSE:HI) last announced its quarterly earnings results on Wednesday, November 13th. The company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.08. The company had revenue of $837.60 million for the quarter, compared to analyst estimates of $793.38 million. Hillenbrand had a negative net margin of 6.63% and a positive return on equity of 14.86%. Hillenbrand’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter last year, the business earned $1.13 EPS. On average, analysts expect Hillenbrand to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Hillenbrand Stock Performance

NYSE:HI opened at $32.79 on Tuesday. The company has a current ratio of 1.27, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of -10.97 and a beta of 1.43. The firm’s fifty day simple moving average is $32.55 and its 200 day simple moving average is $32.04. Hillenbrand has a twelve month low of $25.11 and a twelve month high of $50.58.

Hillenbrand Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a dividend of $0.225 per share. This is a positive change from Hillenbrand’s previous quarterly dividend of $0.22. The ex-dividend date was Monday, December 16th. This represents a $0.90 annualized dividend and a dividend yield of 2.74%. Hillenbrand’s payout ratio is presently -30.10%.

Analyst Ratings Changes

HI has been the topic of several recent research reports. DA Davidson restated a “neutral” rating and set a $33.00 target price on shares of Hillenbrand in a report on Friday, November 15th. KeyCorp cut their price objective on shares of Hillenbrand from $45.00 to $40.00 and set an “overweight” rating on the stock in a report on Thursday, November 14th. Finally, StockNews.com upgraded shares of Hillenbrand from a “hold” rating to a “buy” rating in a report on Thursday, December 26th.

About Hillenbrand

Hillenbrand, Inc operates as an industrial company in the United States and internationally. The company operates through two segments, Advanced Process Solutions and Molding Technology Solutions. The Advanced Process Solutions segment designs, engineers, manufactures, markets, and services process and material handling equipment and systems comprising compounding, extrusion, and material handling equipment, equipment system design services, as well as offers mixing technology, ingredient automation, and portion process; and provides screening and separating equipment for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals, energy, wastewater treatment, forest products, and other general industrials.