HNI Corp (NYSE: HNI) has reported E.P.S. of $1.00 for its third fiscal quarter (ending September 30) versus $0.81 for the same period a year ago — an increase of 23%. E.P.S. were $2.63 for the latest four quarters through September 30 versus $0.99 for the same period a year ago — an increase of 166%.
Recent Price Action
HNI Corp (NYSE: HNI) stock declined by -3.2% on 10/29/24. The shares closed at $50.18. Moreover, exceptionally high trading volume at 286% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -5.9% during the last week.
Current PriceTarget Research Rating
HNI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
HNI has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. HNI has a slightly negative Appreciation Score of 38 but a very high Power Rating of 87, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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