Extremely important negative changes in investment behavior have recently occurred for Hillenbrand Inc (NYSE: HI): the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
Hillenbrand Inc (NYSE: HI). Important negative changes in fundamentals have recently occurred: the consensus estimate for September, 2024 decreased significantly, and the consensus estimate for September, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
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 B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hillenbrand has a neutral Power Rating of 58 but a good Appreciation Score of 78, and the Positive Value Trend Rating results.
Recent Price Action
Hillenbrand Inc (NYSE: HI) stock increased 1.3% on 5/3/24. The shares closed at $42.44. Moreover, trading volume in this advance was unusually high at 159% of normal. Relative to the market the stock has been strong over the last nine months but has declined -12.4% during the last week.
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