Introduction
Even with the market being close to new highs, it’s still possible to find value. Granted, it's hard to come by, but it is out there. Hillenbrand (NYSE:HI) is a company that
Hillenbrand: Getting More Attractive By The Day
Summary
- The share price has been falling in recent months, but should soon be meeting strong support.
- Adjusted operating earnings, free cash flow and its stock chart performance are suggesting, that the company is close to fair value.
- Buying near to its current price, has a good chance of returning high single digits in returns.
Just sharing my thoughts. I love analysing companies and thought I would share my thoughts. Be sure to leave constructive feedback if you have any. Trust in your analysis and remember that value is often found when going against the crowd.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Short position through short-selling of the stock, or purchase of put options or similar derivatives in HI over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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