Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Hillenbrand, Inc. before investing.

In this article, we go over a few key elements for understanding Hillenbrand, Inc.’s stock price such as:

• Hillenbrand, Inc.’s current stock price and volume
• Why Hillenbrand, Inc.’s stock price changed recently
• Upgrades and downgrades for HI from analysts
• HI’s stock price momentum as measured by its relative strength

About Hillenbrand, Inc. (HI)

Before we jump into Hillenbrand, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Hillenbrand, Inc. is a global industrial company that provides processing equipment and solutions. The Company operates through two segments: advanced process solutions and molding technology solutions. The advanced process solutions segment is a provider of process and material handling equipment, systems, and aftermarket parts and services for a variety of industries, including durable plastics, food and recycling. This segment's technologies include compounding, extrusion, material handling, conveying, mixing, ingredient automation, portion process, and screening and separating equipment. The molding technology solutions segment provides equipment, systems and aftermarket parts and service for the plastic technology processing industry. This segment has a product portfolio that includes injection molding and extrusion equipment, hot runner systems, mold bases and components, and maintenance, repair, and operating supplies. Its brands include Coperion, Milacron, K-Tron and Rotex.

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Hillenbrand, Inc.’s Stock Price as of Market Close

As of September 06, 2024, 4:00 PM, CST, Hillenbrand, Inc.’s stock price was $28.94.

Hillenbrand, Inc. is down 4.01% from its previous closing price of $30.15.

During the last market session, Hillenbrand, Inc.’s stock traded between $29.77 and $31.18. Currently, there are 70.50 million shares of Hillenbrand, Inc. stock available for purchase.

Unfortunately, Hillenbrand, Inc.’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Hillenbrand, Inc. Stock Price History

Hillenbrand, Inc.’s (HI) price is currently down 12.2% so far this month.

During the month of September, Hillenbrand, Inc.’s stock price has reached a high of $32.83 and a low of $28.91.

Over the last year, Hillenbrand, Inc. has hit prices as high as $50.58 and as low as $29.77. Year to date, Hillenbrand, Inc.’s stock is down 32.18%.

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What Caused Hillenbrand, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 05, 2024, there were 5 analysts who downgraded Hillenbrand, Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Hillenbrand, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Hillenbrand, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Hillenbrand, Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Hillenbrand, Inc. (HI) by visiting AAII Stock Evaluator.

Relative Price Strength of Hillenbrand, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 05, 2024, Hillenbrand, Inc. has a weighted four-quarter relative price strength of -17.12%, which translates to a Momentum Score of 21 and is considered to be Weak.

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Hillenbrand, Inc. Stock Price: Bottom Line

As of September 6, 2024, Hillenbrand, Inc.’s stock price is $28.94, which is down 4.01% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Hillenbrand, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.