Hillenbrand (HI) Earning Very Favorable News Coverage, Report Finds
Media headlines about Hillenbrand (NYSE:HI) have been trending very positive recently, AlphaOne reports. The research firm, a unit of Accern, identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hillenbrand earned a news impact score of 0.57 on AlphaOne’s scale. AlphaOne also gave news articles about the company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have impacted AlphaOne Sentiment’s rankings:
- McDonald’s and the Olympics end partnership (finance.yahoo.com)
- Hillenbrand, Inc. : HI-US: Dividend Analysis : June 16th, 2017 (record date) : By the numbers : June 16, 2017 (finance.yahoo.com)
- Zacks: Brokerages Set $44.00 Price Target for Hillenbrand Inc (HI) (americanbankingnews.com)
- ETFs with exposure to Hillenbrand, Inc. : June 15, 2017 (finance.yahoo.com)
- Form 3 Hillenbrand, Inc. For: Jun 05 Filed by: HOOVEN JAMES A. (streetinsider.com)
Hillenbrand (NYSE HI) traded down 0.68% on Friday, reaching $36.75. The company had a trading volume of 576,196 shares. The company has a market capitalization of $2.31 billion, a PE ratio of 19.25 and a beta of 1.21. Hillenbrand has a 52-week low of $27.89 and a 52-week high of $39.00. The company’s 50-day moving average is $36.80 and its 200-day moving average is $36.76.
Hillenbrand (NYSE:HI) last posted its earnings results on Wednesday, May 3rd. The company reported $0.53 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.05. The company had revenue of $395.30 million for the quarter, compared to the consensus estimate of $389.43 million. Hillenbrand had a return on equity of 20.27% and a net margin of 7.85%. Hillenbrand’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.49 earnings per share. Equities analysts anticipate that Hillenbrand will post $2.05 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 16th will be given a dividend of $0.205 per share. The ex-dividend date is Wednesday, June 14th. This represents a $0.82 dividend on an annualized basis and a yield of 2.23%. Hillenbrand’s payout ratio is 43.16%.
Separately, Zacks Investment Research lowered Hillenbrand from a “buy” rating to a “hold” rating in a research report on Tuesday, April 18th.
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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