Hillenbrand (HI) Set to Announce Earnings on Tuesday

Hillenbrand (NYSE:HI) is set to announce its earnings results after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Hillenbrand (NYSE:HI) last posted its quarterly earnings results on Monday, February 5th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.01. Hillenbrand had a return on equity of 14.65% and a net margin of 18.39%. The company had revenue of $773.30 million for the quarter, compared to analysts’ expectations of $776.40 million. On average, analysts expect Hillenbrand to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hillenbrand Stock Up 2.0 %

Hillenbrand stock opened at $49.41 on Friday. Hillenbrand has a 1-year low of $37.19 and a 1-year high of $53.76. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.28 and a quick ratio of 0.79. The stock has a market cap of $3.47 billion, a PE ratio of 6.40 and a beta of 1.49. The stock’s fifty day moving average is $48.12 and its two-hundred day moving average is $44.67.

Hillenbrand Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $0.222 dividend. This represents a $0.89 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date was Thursday, March 14th. Hillenbrand’s dividend payout ratio is presently 11.53%.

Insider Buying and Selling at Hillenbrand

In other Hillenbrand news, CFO Robert M. Vanhimbergen purchased 11,319 shares of the business’s stock in a transaction on Friday, February 9th. The shares were bought at an average cost of $45.23 per share, for a total transaction of $511,958.37. Following the completion of the purchase, the chief financial officer now directly owns 34,559 shares in the company, valued at $1,563,103.57. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CFO Robert M. Vanhimbergen bought 11,319 shares of the business’s stock in a transaction dated Friday, February 9th. The shares were acquired at an average price of $45.23 per share, for a total transaction of $511,958.37. Following the completion of the transaction, the chief financial officer now owns 34,559 shares of the company’s stock, valued at $1,563,103.57. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Nicholas R. Farrell sold 8,542 shares of Hillenbrand stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $47.02, for a total value of $401,644.84. Following the sale, the vice president now owns 41,951 shares in the company, valued at approximately $1,972,536.02. The disclosure for this sale can be found here. 1.80% of the stock is owned by insiders.

About Hillenbrand

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.