Hillenbrand (NYSE:HI) Issues Q4 2024 Earnings Guidance

Hillenbrand (NYSE:HI) updated its fourth quarter 2024 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.900-1.000 for the period, compared to the consensus earnings per share estimate of 1.080. The company issued revenue guidance of -. Hillenbrand also updated its FY 2024 guidance to 3.200-3.300 EPS.

Analyst Upgrades and Downgrades

Separately, KeyCorp began coverage on shares of Hillenbrand in a report on Wednesday, July 10th. They set an overweight rating and a $50.00 target price for the company.

Hillenbrand Stock Performance

NYSE HI traded down $1.13 on Wednesday, reaching $38.00. The stock had a trading volume of 418,632 shares, compared to its average volume of 346,659. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.34 and a quick ratio of 0.86. The company has a market cap of $2.67 billion, a P/E ratio of 31.77 and a beta of 1.44. The firm has a fifty day moving average of $42.13 and a two-hundred day moving average of $45.21. Hillenbrand has a 1-year low of $37.19 and a 1-year high of $50.58.

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.