Hillenbrand (HI) Projected to Post Quarterly Earnings on Monday

Hillenbrand (NYSE:HI - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Monday, February 3rd. Analysts expect Hillenbrand to post earnings of $0.54 per share and revenue of $695,460.00 billion for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Hillenbrand (NYSE:HI - Get Free Report) last released its quarterly earnings data on Wednesday, November 13th. The company reported $1.01 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.08. The firm had revenue of $837.60 million for the quarter, compared to analyst estimates of $793.38 million. Hillenbrand had a negative net margin of 6.63% and a positive return on equity of 14.86%. The business's quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.13 earnings per share. On average, analysts expect Hillenbrand to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Hillenbrand Stock Performance

HI traded down $0.68 during midday trading on Monday, hitting $34.35. 310,995 shares of the company were exchanged, compared to its average volume of 363,893. Hillenbrand has a 1-year low of $25.11 and a 1-year high of $50.58. The company has a current ratio of 1.27, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of -11.49 and a beta of 1.43. The company's 50 day simple moving average is $32.39 and its 200 day simple moving average is $32.37.

Hillenbrand Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.225 dividend. The ex-dividend date was Monday, December 16th. This is an increase from Hillenbrand's previous quarterly dividend of $0.22. This represents a $0.90 dividend on an annualized basis and a yield of 2.62%. Hillenbrand's payout ratio is presently -30.10%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. DA Davidson reaffirmed a "neutral" rating and set a $33.00 target price on shares of Hillenbrand in a report on Friday, November 15th. KeyCorp cut their price objective on shares of Hillenbrand from $45.00 to $40.00 and set an "overweight" rating for the company in a report on Thursday, November 14th. Finally, StockNews.com raised shares of Hillenbrand from a "hold" rating to a "buy" rating in a research note on Thursday, December 26th.

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.