Alert: Major Price Advance (11/6/24)-Hillenbrand Inc (NYSE: HI).

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On 11/6/24, Hillenbrand Inc (NYSE: HI) stock enjoyed a major increase of 10.2%, closing at $31.95. This advance was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months but has risen 14.5% during the last week.

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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 (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Hillenbrand has a very high Appreciation Score of 88 but a very low Power Rating of 7, with the Low Neutral Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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