Benchmark Co. analyst Reuben Garner maintained a Buy rating on HNI (NYSE:HNI) Corporation on Thursday, setting a price target of $38, which is approximately 28.08% above the present share price of 29.67.
Garner expects HNI Corporation to post earnings per share (EPS) of -0.56 for the second quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in HNI, with an average price target of .
The analysts price targets range from a high of to a low of .
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of 468.7 million and a net profit of 8.93 million. The company's market cap is 1.24 billion.
According to TipRanks.com, Benchmark Co. analyst Reuben Garner is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 10.3% and a 53.33% success rate.
HNI Corp. is engaged in the manufacturing and trading of office furniture. It operates through two segments: Office Furniture and Hearth Products. The Office Furniture segment manufactures storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions and panel systems. The Hearth Products segment develops and markets gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories. The company was founded by C. Maxwell Stanley, Clem Hanson and H. Wood Miller in 1944 and is headquartered in Muscatine, IA.