HI Stock Summary and Trading Ideas (Hillenbrand | NYSE:HI)

Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment. The Molding Technology Solutions segment offers engineered and customized systems in plastic technology and processing. Batesville designs provides, and markets funeral services and solutions.

Hillenbrand trades on the NYSE stock market under the symbol HI.

As of May 6, 2024, HI stock price climbed to $43.48 with 407,151 million shares trading.

HI has a beta of 1.44, meaning it tends to be more sensitive to market movements. HI has a correlation of 0.30 to the broad based SPY ETF.

HI has a market cap of $3.05 billion. This is considered a Mid Cap stock.

Last quarter Hillenbrand reported $785 million in Revenue and $.76 earnings per share. This fell short of revenue expectation by $-25 million and exceeded earnings estimates by $.01.

In the last 3 years, HI stock traded as high as $54.15 and as low as $36.16.

The top ETF exchange traded funds that HI belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

HI has underperformed the market in the last year with a price return of -3.2% while the SPY ETF gained +28.3%. HI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.0% and -9.5%, respectively, while the SPY returned +4.8% and +4.3%, respectively.

HI support price is $41.72 and resistance is $43.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HI stock will trade within this expected range on the day.