Media coverage about Hillenbrand (NYSE:HI) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hillenbrand earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.3040624174501 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Schroder Investment Management Group Buys A Little More Hillenbrand Inc (HI) Stock Last Quarter (highlightpress.com)
- See what the IHS Markit Score report has to say about Hillenbrand Inc. (finance.yahoo.com)
- Cohen & Associates LLC Has $1.98 Million Position in Mondelez International, Inc. (MDLZ) (vothemes.com)
- United States Pneumatic Conveying Equipments Market Sales Volume (Million Units) and Growth Rate (2012-2022) Analysis in a Latest Research Report (emailwire.com)
- Hillenbrand, Inc. breached its 50 day moving average in a Bullish Manner : HI-US : August 7, 2017 (finance.yahoo.com)
Several research analysts recently issued reports on the stock. BidaskClub downgraded shares of Hillenbrand from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th. FBR & Co restated an “outperform” rating on shares of Hillenbrand in a research report on Tuesday, July 11th. Finally, Zacks Investment Research cut Hillenbrand from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 12th.
Hillenbrand (HI) traded down 0.28% during mid-day trading on Friday, reaching $36.25. The company had a trading volume of 396,811 shares. The firm has a market capitalization of $2.28 billion, a P/E ratio of 18.78 and a beta of 1.24. Hillenbrand has a one year low of $28.60 and a one year high of $39.00. The firm’s 50-day moving average is $36.15 and its 200-day moving average is $36.43.
Hillenbrand (NYSE:HI) last released its earnings results on Wednesday, August 2nd. The company reported $0.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.03. The company had revenue of $395.90 million for the quarter, compared to the consensus estimate of $388.57 million. Hillenbrand had a return on equity of 19.72% and a net margin of 7.87%. Hillenbrand’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 earnings per share. On average, equities research analysts anticipate that Hillenbrand will post $2.07 earnings per share for the current fiscal year.
In other Hillenbrand news, Director David Fennell acquired 302,000 shares of the stock in a transaction dated Monday, June 26th. The shares were acquired at an average cost of $0.10 per share, for a total transaction of $30,200.00. Insiders bought 807,000 shares of company stock worth $79,350 over the last 90 days. Company insiders own 1.74% of the company’s stock.
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.
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