Hillenbrand Inc (NYSE: HI) stock closed at $41.43 on 5/1/24 after a major decline of -13.2%. Moreover, exceptionally high trading volume at 411% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -15.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HI is expected to continue to be a Value Builder.
Hillenbrand has a current Value Trend Rating of A (Highest Rating). This VT Rating improved modestly in recent days from B previously. This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Hillenbrand has a slightly positive Power Rating of 70 and a good Appreciation Score of 74, producing the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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