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 April 18, 2024, HI stock price climbed to $47.30 with 275,757 million shares trading.

HI has a beta of 1.60, meaning it tends to be more sensitive to market movements. HI has a correlation of 0.43 to the broad based SPY ETF.

HI has a market cap of $3.32 billion. This is considered a Mid Cap stock.

Last quarter Hillenbrand reported $773 million in Revenue and $.69 earnings per share. This fell short of revenue expectation by $-5 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 stock has underperformed the market in the last year with a return of +3.4%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in HI shares. However, HI has outperformed the market in the last 3 month and 2 week periods, returning +8.8% and -2.1%, while SPY returned +6.1% and -3.8%, respectively. This indicates HI has been having a stronger performance recently.

HI support price is $45.97 and resistance is $47.51 (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.