Hillenbrand (NYSE:HI) Releases Q1 Earnings Guidance

Hillenbrand (NYSE:HI) issued an update on its first quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.52-0.57 for the period, compared to the consensus estimate of $0.63. The company issued revenue guidance of $685-705 million, compared to the consensus revenue estimate of $747.35 million. Hillenbrand also updated its FY25 guidance to $2.80-3.15 EPS.

Analysts Set New Price Targets

HI has been the topic of several research analyst reports. StockNews.com upgraded shares of Hillenbrand from a “sell” rating to a “hold” rating in a report on Friday, September 6th. DA Davidson cut Hillenbrand from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $54.00 to $33.00 in a report on Monday, August 12th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $48.00.

Hillenbrand Stock Down 1.7 %

Shares of NYSE HI traded down $0.53 during midday trading on Wednesday, hitting $30.17. 517,606 shares of the stock traded hands, compared to its average volume of 386,829. The company has a market cap of $2.12 billion, a PE ratio of -10.43 and a beta of 1.38. Hillenbrand has a one year low of $25.11 and a one year high of $50.58. The business has a 50 day moving average price of $27.89 and a two-hundred day moving average price of $36.43. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.88 and a current ratio of 1.35.

Hillenbrand Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were paid a $0.2225 dividend. The ex-dividend date of this dividend was Monday, September 16th. This is a positive change from Hillenbrand’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 2.95%. Hillenbrand’s payout ratio is presently -30.27%.

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.