Barrington analyst Christopher Howe reiterated a Buy rating on Hillenbrand (NYSE:HI) Inc on Thursday, setting a price target of $66, which is approximately 30.93% above the present share price of $50.41.
Howe expects Hillenbrand Inc to post earnings per share (EPS) of $0.75 for the fourth quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Hillenbrand, with an average price target of $66.
The analysts price targets range from a high of $66 to a low of $66.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $754.9 million and a net profit of $97.2 million. The company's market cap is $3.64 billion.
According to TipRanks.com, Barrington analyst Christopher Howe is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.7% and a 60.00% success rate.
Hillenbrand, Inc. is a diversified industrial company, which engages in the development, manufacture, and sale of engineered industrial equipment. It operates through the following segments: Process Equipment Group and Batesville. The Process Equipment Group segment offers machines used for compounding, extrusion, material handling, size reduction, screening, and flow control. The Batesville segment produces and trades burial and cremation caskets, urns, room display fixtures, and provides web-based applications. The company was founded on November 1, 2007 and is headquartered in Batesville, IN.