Hillenbrand (HI) Earns Daily News Impact Score of 0.14
Press coverage about Hillenbrand (NYSE:HI) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hillenbrand earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.2675845161623 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- 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)
Hillenbrand (NYSE:HI) traded down 0.28% during trading on Friday, reaching $36.25. 396,811 shares of the company were exchanged. Hillenbrand has a 1-year low of $28.60 and a 1-year high of $39.00. The company’s 50-day moving average price is $36.15 and its 200-day moving average price is $36.43. The stock has a market capitalization of $2.28 billion, a P/E ratio of 18.78 and a beta of 1.24.
Hillenbrand (NYSE:HI) last released its quarterly earnings data on Wednesday, August 2nd. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.03. The company had revenue of $395.90 million during the quarter, compared to analysts’ expectations of $388.57 million. Hillenbrand had a net margin of 7.87% and a return on equity of 19.72%. The firm’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.53 EPS. On average, equities analysts forecast that Hillenbrand will post $2.07 EPS for the current year.
HI has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of Hillenbrand from a “buy” rating to a “hold” rating in a research note on Tuesday, April 18th. FBR & Co reissued an “outperform” rating on shares of Hillenbrand in a research note on Tuesday, July 11th. Finally, BidaskClub downgraded shares of Hillenbrand from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th.
In related news, Director David Fennell acquired 302,000 shares of the stock in a transaction on Monday, June 26th. The stock was bought at an average cost of $0.10 per share, with a total value of $30,200.00. Over the last three months, insiders acquired 807,000 shares of company stock valued at $79,350. 1.74% of the stock is owned by corporate insiders.
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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