Hillenbrand, Inc. (HI)
| Market Cap | 3.28B |
| Revenue (ttm) | 2.87B |
| Net Income (ttm) | 205.40M |
| Shares Out | 69.40M |
| EPS (ttm) | 2.88 |
| PE Ratio | 16.08 |
| Forward PE | 9.01 |
| Dividend | $0.88 (1.85%) |
| Ex-Dividend Date | Mar 16, 2023 |
| Volume | 50,606 |
| Open | 46.70 |
| Previous Close | 46.31 |
| Day's Range | 46.66 - 47.41 |
| 52-Week Range | 36.16 - 53.54 |
| Beta | 1.48 |
| Analysts | Buy |
| Price Target | 68.34 (+44.15%) |
| Earnings Date | May 8, 2023 |
About HI
Hillenbrand, Inc. operates as a diversified industrial company in the United States and internationally. It operates in three segments: Advanced Process Solutions, Molding Technology Solutions, and Batesville. 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, as well as offers equipment system design services; and provides screening and separating equipment for various industries, i... [Read more]
Financial Performance
In 2022, Hillenbrand's revenue was $2.94 billion, an increase of 2.66% compared to the previous year's $2.86 billion. Earnings were $208.90 million, a decrease of -16.41%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for HI stock is "Buy." The 12-month stock price forecast is $68.34, which is an increase of 44.15% from the latest price.
News
Hillenbrand Annual Meeting Led by New Chairperson, Helen Cornell
BATESVILLE, Ind. , Feb. 27, 2023 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) today announced the completion of its first annual meeting of shareholders under the leadership of Helen Cornell.
Hillenbrand Declares Second Quarter Dividend of $0.22 Per Share
BATESVILLE, Ind. , Feb. 24, 2023 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.22 per share on the company's common stock.
New Strong Sell Stocks for February 24th
HBNC, FMAO and HI have been added to the Zacks Rank #5 (Strong Sell) List on February 24, 2023.
Hillenbrand Reports Fiscal First Quarter 2023 Results; Fiscal 2023 Guidance Updated to Reflect Batesville Sale
Highlights: Completed transformation into a pure-play industrial company with closing previously announced sale of Batesville business segment on February 1, 2023; Batesville financial results reporte...
LongRange Capital Completes Acquisition of Batesville Services
STAMFORD, Conn. & BATESVILLE, Ind.--(BUSINESS WIRE)--LongRange Capital (“LongRange”), a private investment firm focused on building and growing middle market businesses over the long-term, has compl...
Hillenbrand Closes Batesville Divestiture; Completes Company's Transformation into Pure-Play Industrial
Hillenbrand is well-positioned to accelerate long-term growth with a focus on key end markets including durable plastics, food, and recycling Company continues to build upon its strength in industrial...
Hillenbrand Schedules First Quarter 2023 Earnings Call for February 9, 2023
BATESVILLE, Ind. , Jan. 18, 2023 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will hold a conference call and simultaneous webcast Thursday, February 9, 2023, at 8:00 a.m.
Are Industrial Products Stocks Lagging Hillenbrand (HI) This Year?
Here is how Hillenbrand (HI) and MRC Global (MRC) have performed compared to their sector so far this year.
4 Industrial Services Stocks to Bet On From the Prospering Industry
Easing supply chain issues and the rise in e-commerce activities will aid the Zacks Industrial Services industry. Companies like Ashtead Group (ASHTY), Hillenbrand (HI), Siemens (SIEGY) and Andritz (A...
HILLENBRAND APPOINTS SENIOR VICE PRESIDENT AND CHIEF PROCUREMENT OFFICER
BATESVILLE, Ind. , Jan. 4, 2023 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) announced today the appointment of Carole Phillips as Senior Vice President and Chief Procurement Officer.
Value Investing is the Key Now: 4 High Earnings Yield Picks
In this hair-trigger market, value investing could be one of the most effective investment approaches. Add value to your portfolio with high earnings yield stocks like HI, SQM, RGA and MOD.
5 Stocks to Pop Surprise Returns From Secret Santa
Adicet Bio (ACET), Enfusion (ENFN), Dillard's (DDS), First BanCorp. (FBP) and Hillenbrand (HI) could bring gifts of surprise returns from Secret Santa.
Best Momentum Stocks to Buy for December 20th
JXN, AMX and HI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 20, 2022.
Ivalua Partners with Hillenbrand to Centralize its Data and Improve Visibility across its Supply Base
REDWOOD CITY, Calif. , Dec. 20, 2022 /PRNewswire/ -- Ivalua, a global leader in spend management , today announced that Hillenbrand, Inc. (NYSE: HI), a global industrial company, has selected Ivalua t...
Hillenbrand sells casket business Batesville to LongRange Capital
Hillenbrand Inc. said Thursday it has agreed to sell its Batesville casket and other funeral products business to an affiliate of private equity firm, LongRange Capital, for $761.5 million, including ...
LongRange Capital to Acquire Batesville Casket Company from Hillenbrand
STAMFORD, Conn.--(BUSINESS WIRE)--LongRange Capital (“LongRange”), a private investment firm with a longer-term orientation to building and growing middle market businesses, announced that it has en...
Hillenbrand to Highlight its Transformation Journey and Growth Strategy at 2022 Investor Day
BATESVILLE, Ind. , Dec. 15, 2022 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) today will host its 2022 Investor Day in New York, NY.
Hillenbrand Announces Divestiture of Batesville Casket Company, Accelerating Transformation
Divestiture will complete transformation of Hillenbrand into a pure-play industrial company positioned for long-term growth and shareholder value creation Reinforces Hillenbrand's commitment to streng...
5 Stocks With Recent Price Strength Defying Ongoing Volatility
Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are Hi, HEES, BBW, HDSN and THR.
Hillenbrand Declares First Quarter Dividend of $0.22 Per Share
BATESVILLE, Ind. , Dec. 7, 2022 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.22 per share on the company's common stock.
Hillenbrand Hosting Investor Day on December 15, 2022
BATESVILLE, Ind. , Dec. 1, 2022 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will host its investor day on Thursday, December 15, 2022, in New York, NY.
Hillenbrand Completes Acquisition of Peerless Food Equipment
BATESVILLE, Ind., Dec. 1, 2022 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) announced today it has completed the acquisition of the Peerless Food Equipment division of Illinois Tool Works Inc. for a p...
Hillenbrand Reports Fiscal Fourth Quarter and Full Year 2022 Results
Fiscal Fourth Quarter 2022 Highlights: Revenue of $750 million decreased 1% vs. prior year, but increased 1% on a pro forma basis, and 7% excluding the impact of foreign currency exchange GAAP EPS of ...
Hillenbrand Schedules Fourth Quarter 2022 Earnings Call for November 17, 2022
BATESVILLE, Ind. , Nov. 2, 2022 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will hold a conference call and simultaneous webcast Thursday, November 17, 2022, at 8:00 a.m.
Hillenbrand Operating Companies to Showcase Sustainable Product Innovations at K 2022 Trade Show
Leading brands with strong engineering expertise provide opportunities to capitalize on emerging trends across the plastics value chain, including recycling Strong reputations for creating tailored so...