Hillenbrand (NYSE:HI) Updates Q1 Earnings Guidance

Hillenbrand (NYSE:HI) updated its first quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $0.52-0.57 for the period, compared to the consensus earnings per share estimate of $0.63. The company issued revenue guidance of $685-705 million, compared to the consensus revenue estimate of $747.35 million. Hillenbrand also updated its FY 2025 guidance to 2.800-3.150 EPS.

Hillenbrand Stock Up 11.7 %

Hillenbrand stock opened at $33.70 on Friday. The business has a 50-day moving average of $27.87 and a 200-day moving average of $36.26. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.88 and a current ratio of 1.35. Hillenbrand has a 1 year low of $25.11 and a 1 year high of $50.58.

Hillenbrand Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were paid a dividend of $0.2225 per share. This represents a $0.89 dividend on an annualized basis and a yield of 2.64%. This is a boost from Hillenbrand’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Monday, September 16th. Hillenbrand’s dividend payout ratio is presently -29.77%.

Analyst Ratings Changes

Several research firms have commented on HI. DA Davidson cut Hillenbrand from a “buy” rating to a “neutral” rating and cut their target price for the company from $54.00 to $33.00 in a research note on Monday, August 12th. KeyCorp lowered their price objective on shares of Hillenbrand from $45.00 to $40.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, StockNews.com cut shares of Hillenbrand from a “hold” rating to a “sell” rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Hillenbrand has an average rating of “Moderate Buy” and a consensus price target of $44.67.

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.