Hillenbrand (HI) to Release Quarterly Earnings on Tuesday
Hillenbrand (NYSE:HI) will be issuing its quarterly earnings data after the market closes on Tuesday, November 13th. Parties that are interested in registering for the company’s conference call can do so using this link.
HI opened at $49.18 on Friday. Hillenbrand has a fifty-two week low of $38.15 and a fifty-two week high of $53.41. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.89 and a current ratio of 1.22. The company has a market cap of $3.14 billion, a price-to-earnings ratio of 23.31 and a beta of 1.26.
A number of equities research analysts have recently commented on HI shares. Zacks Investment Research raised shares of Hillenbrand from a “hold” rating to a “buy” rating and set a $58.00 price objective on the stock in a research note on Friday, August 3rd. Sidoti lowered shares of Hillenbrand from a “buy” rating to a “neutral” rating and set a $57.00 price objective on the stock. in a research note on Wednesday, August 22nd. They noted that the move was a valuation call. B. Riley set a $62.00 price objective on shares of Hillenbrand and gave the company a “buy” rating in a research note on Thursday, August 2nd. Finally, TheStreet raised shares of Hillenbrand from a “c+” rating to an “a-” rating in a research note on Thursday, August 2nd. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. Hillenbrand presently has an average rating of “Buy” and a consensus target price of $59.00.
Hillenbrand, Inc operates as a diversified industrial company worldwide. The company operates in two segments, Process Equipment Group and Batesville. The Process Equipment Group segment designs, engineers, manufactures, markets, and services process and material handling equipment and systems for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals and mining, energy, wastewater treatment, and forest products.
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