Hillenbrand Inc. (HI, Financial) experienced a notable stock movement with a 5% increase in share price. The stock is currently trading at $35.47, with a trading volume of 221,945 shares and a turnover rate of 0.32%. The stock's amplitude reached 4.65%.
Recent financial reports revealed that Hillenbrand generated $3.183 billion in revenue, although it reported a net loss of $213 million, translating to an earnings per share of -$3.00. The gross profit stood at $970 million, with a price-to-earnings ratio of -11.81.
Analyst ratings show strong support for Hillenbrand, with 80% of the five participating institutions recommending a buy, and 20% suggesting a hold. No institutions advised selling the stock.
Within the commercial equipment services industry, Hillenbrand's sector saw an overall increase of 0.42%. Other significant movers in the sector included Zhongjin Lingnan Nonfemet Company, Ocean Power Technologies, Inc., and Ballard Power Systems, which showed substantial gains. Notable active stocks in the industry were Nature's Miracle Holding Inc., Nano Nuclear Energy Inc., and Ocean Power Technologies, Inc., with turnover rates of 490.70%, 33.48%, and 15.48%, respectively. Stocks with significant amplitude included Zhongjin Lingnan Nonfemet Company, Nature's Miracle Holding Inc., and Libbey Inc., with amplitudes of 25.48%, 24.68%, and 20.54%.
Hillenbrand Inc., based in the United States, operates through three business segments. The Advanced Process Solutions segment designs and manufactures engineered industrial equipment. The Molding Technology Solutions segment offers engineered and customized systems for plastic technology and processing. The Batesville segment focuses on designing and selling funeral service solutions.
