Recent exceptional negative changes in investment behavior have affected Hillenbrand Inc (NYSE: HI): its longer term price trend turned down, and negative upside/downside volume developed.
Recent important negative changes in fundamentals have impacted Hillenbrand Inc (NYSE: HI): the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. 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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Hillenbrand has a good Appreciation Score of 84 but a poor Power Rating of 27, producing the Neutral Value Trend Rating.
Recent Price Action
Hillenbrand Inc (NYSE: HI) stock closed at $33.60 on 8/12/24 after a large decline of -6.6%. This decline was accompanied by normal trading volume. The stock has declined -15.8% during the last week and has been weak relative to the market over the last nine months.
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