How to Buy Hillenbrand Stock
Hillenbrand Inc
Hillenbrand is a specialty industrial machinery company located in Indiana, United States, which is part of the Industrials sector, and is traded under the ticker HI on the NYSE exchange.
Hillenbrand stock last closed at $42.44, up 1.31% from the previous day, and has decreased 7.38% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.35 percentage points. Hillenbrand stock is currently +14.12% from its 52-week low of $37.19, and -21.06% from its 52-week high of $53.76.
As of May 3, 2024, there are 70.2M shares of HI outstanding. The market cap of HI is $2.98B. In the last 24 hours, 474,360 HI shares were traded.
How to Buy Hillenbrand Stock
Not sure how to invest in Hillenbrand stock? Here's how.
- Choose where to buy Hillenbrand stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Hillenbrand stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your method of payment and add your information.
- Evaluate Hillenbrand stock: The Hillenbrand ticker symbol is HI. Is Hillenbrand stock a good investment? Should you buy shares of HI? How do HI's underlying business fundamentals look? Do top analysts think Hillenbrand is a good buy? Why has HI's stock price moved recently? (Hint: Our stock analysis website can help you decide if HI is a good stock to buy).
- Make your HI buy order: Decide if you will purchase HI shares at the current market price or use a limit order to purchase HI stock at a particular price.
- Keep an eye on your HI investment: Create a watchlist to keep track of your investment in Hillenbrand shares.
Step 1: Choose where to buy Hillenbrand stock
You will need a brokerage account to access the NYSE market and buy HI stock.
Our favorite brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal details so you are able to buy HI today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on stock market app, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help transferring funds into your investment account.
Step 4: Evaluate Hillenbrand stock
After you have selected the best place to buy Hillenbrand stock, it's critical to research their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Hillenbrand Numbers
Hillenbrand Fundamentals
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on HI's stock page.
Is HI stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge HI's fair value.
Using relative valuations methods:
- HI may be overvalued based on its P/E ratio of 35.07x, relative to Specialty Industrial Machinery industry P/E ratio of 29.74x
- HI may be undervalued based on its P/B ratio of 1.8x, relative to Specialty Industrial Machinery industry P/B ratio of 5.09x
You can do more valuation research on HI's stock here.
HI Financials at a glance
Signs that HI is financially healthy:
- There are more short-term assets than short-term liabilities on the HI balance sheet.
Signs that HI is not financially healthy:
- Total HI debt is higher than 5 years ago, relative to shareholder equity.
- HI profit margin has gone down from 24.3% to 2.8% in the past year.
- HI's operating cash flow of $114.00M allows it to safely service it's debt of $2.19B.
- HI has a relatively high debt to equity ratio of 2.36.
- HI earnings of $269.30M is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the HI balance sheet.
Is it a good time to buy HI stock, according to Wall Street analysts?
Out of 1 Wall Street analysts who track HI, the consensus analyst rating on Hillenbrand is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Hillenbrand stock forecast page.
Metrics for Advanced HI Traders
HI Earnings
Last year, HI earnings were $84.80M. During the past five year, HI's earnings have grown by -12.21% per year. This was slower than the Specialty Industrial Machinery industry average of -0.2%.
Last year, HI revenue was $3.04B. In the past five year, HI's revenue has gone up by 11.09% per year. This was faster than the Specialty Industrial Machinery industry average of 3.92%.
Dive into HI's earnings and revenue performance here.
Are HI executives and large shareholders buying or selling the stock?
Over the past year, insiders at HI have bought more shares than they have sold.
Carole Anne Phillips, Sr. VP Chief Proc. Officer of HI, was the latest HI insider to sell. They sold $352.03 worth of HI stock on Mar 29, 2024.
Learn more about who owns HI stock here.
Does HI stock generate passive income?
Hillenbrand pays a dividend of 2.09%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.29%. If you owned $1,000 of HI stock, you would have been paid $20.85 in the past year.
Hillenbrand dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Hillenbrand dividend yield and history here.
What do other traders have to say about HI?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your HI buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, place a limit order.
Hit the Open button and eToro will execute the order.
If you need additional info about investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your HI investment
Now that you own some HI stock, you'll want to keep up with your stock purchase.
Start a watchlist to get notified of the latest news about your HI stock.
HI Feed
How to Buy Stock in Hillenbrand
To summarize, here are the 6 steps you need to take to buy Hillenbrand stock right now:
- Choose where to buy Hillenbrand stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Evaluate Hillenbrand stock
- Make your HI buy order
- Keep an eye on your HI investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your investment in Hillenbrand, create a watchlist today.
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