Hillenbrand (HI) Expected to Announce Quarterly Earnings on Wednesday

Hillenbrand (NYSE:HI) is expected to announce its earnings results 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. Individual interested in participating in the company’s earnings conference call can do so using this link.

Hillenbrand (NYSE:HI) last issued its earnings results on Wednesday, November 13th. The company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.08. The company had revenue of $837.60 million during the quarter, compared to analyst estimates of $793.38 million. Hillenbrand had a positive return on equity of 14.86% and a negative net margin of 6.63%. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the business posted $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 Price Performance

Shares of HI opened at $32.79 on Tuesday. The business’s 50-day moving average is $32.55 and its two-hundred day moving average is $32.04. The company has a market capitalization of $2.31 billion, a P/E ratio of -10.97 and a beta of 1.43. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 1.27. Hillenbrand has a fifty-two week low of $25.11 and a fifty-two week high of $50.58.

Hillenbrand Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were given a dividend of $0.225 per share. The ex-dividend date was Monday, December 16th. This is a boost from Hillenbrand’s previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.74%. Hillenbrand’s dividend payout ratio (DPR) is -30.10%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. DA Davidson reissued a “neutral” rating and issued a $33.00 target price on shares of Hillenbrand in a research note on Friday, November 15th. StockNews.com raised shares of Hillenbrand from a “hold” rating to a “buy” rating in a research report on Thursday, December 26th. Finally, KeyCorp reduced their price target on shares of Hillenbrand from $45.00 to $40.00 and set an “overweight” rating on the stock in a research report on Thursday, November 14th.

Hillenbrand Company Profile

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.