Hillenbrand (NYSE:HI – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.800-3.150 for the period, compared to the consensus earnings per share estimate of 3.080. The company issued revenue guidance of $2.9 billion-$3.1 billion, compared to the consensus revenue estimate of $3.1 billion. Hillenbrand also updated its FY25 guidance to $2.80-3.15 EPS.
Analysts Set New Price Targets
HI has been the topic of a number of recent analyst reports. KeyCorp decreased their price objective on Hillenbrand from $45.00 to $40.00 and set an “overweight” rating on the stock in a report on Thursday. StockNews.com lowered Hillenbrand from a “hold” rating to a “sell” rating in a research note on Thursday. Finally, DA Davidson restated a “neutral” rating and issued a $33.00 price objective on shares of Hillenbrand in a report on Friday. One research analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Hillenbrand presently has an average rating of “Moderate Buy” and an average target price of $44.67.
Read Our Latest Stock Report on HI
Hillenbrand Stock Down 2.8 %
Hillenbrand Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were given a $0.2225 dividend. This represents a $0.89 annualized dividend and a yield of 2.72%. The ex-dividend date was Monday, September 16th. This is a boost from Hillenbrand’s previous quarterly dividend of $0.22. Hillenbrand’s payout ratio is -29.77%.
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.
Featured Articles
- Five stocks we like better than Hillenbrand
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Deciphering Disruption: Inside Cathie Wood’s Latest Plays
- What is a Stock Market Index and How Do You Use Them?
- MarketBeat Week in Review – 11/11 – 11/15
- Learn Technical Analysis Skills to Master the Stock Market
- How Whitestone REIT Is Transforming Sun Belt Retail Growth
Receive News & Ratings for Hillenbrand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hillenbrand and related companies with MarketBeat.com's FREE daily email newsletter.