Hni Corp Stock Price on April 12, 2024
| HNI Stock | USD 47.05 1.21 2.64% |
Below is the normalized historical share price chart for HNI Corp extending back to March 17, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of HNI Corp stands at 47.05, as last reported on the 1st of June, with the highest price reaching 47.18 and the lowest price hitting 45.79 during the day.
If you're considering investing in HNI Stock, it is important to understand the factors that can impact its price. We consider HNI Corp very steady. HNI Corp holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for HNI Corp, which you can use to evaluate the volatility of the firm. Please check out HNI Corp's Market Risk Adjusted Performance of 0.1066, semi deviation of 1.32, and Risk Adjusted Performance of 0.0655 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
As of now, HNI Corp's Stock Based Compensation is increasing as compared to previous years. The HNI Corp's current Stock Based Compensation To Revenue is estimated to increase to 0, while Total Stockholder Equity is projected to decrease to under 456.8 M. . As of now, HNI Corp's Price Earnings To Growth Ratio is increasing as compared to previous years. The HNI Corp's current Price To Free Cash Flows Ratio is estimated to increase to 87.53, while Price To Operating Cash Flows Ratio is projected to decrease to 11.73. HNI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 39.7988 | 50 Day MA 44.08 | Beta 0.863 |
HNI |
Sharpe Ratio = 0.1
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Estimated Market Risk
| 1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average HNI Corp is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of HNI Corp by adding it to a well-diversified portfolio.
Price Book 2.6165 | Enterprise Value Ebitda 13.6917 | Price Sales 0.8185 | Shares Float 46.4 M | Dividend Share 1.28 |
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HNI Corp Valuation on April 12, 2024
It is possible to determine the worth of HNI Corp on a given historical date. On April 12, 2024 HNI was worth 42.07 at the beginning of the trading date compared to the closed value of 41.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HNI Corp stock. Still, in general, we apply an absolute valuation method to find HNI Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of HNI Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HNI Corp's related companies.
| Open | High | Low | Close | Volume | |
| 41.90 | 42.24 | 41.84 | 41.91 | 151,334 | |
04/12/2024 | 42.07 | 42.48 | 41.73 | 41.82 | 132,901 |
| 42.28 | 42.62 | 41.22 | 41.24 | 297,597 |
| Backtest HNI Corp | | | HNI Corp History | | | HNI Corp Valuation | Previous | Next |
HNI Corp Trading Date Momentum on April 12, 2024
| On April 15 2024 HNI Corp was traded for 41.24 at the closing time. Highest HNI Corp's price during the trading hours was 42.62 and the lowest price during the day was 41.22 . The net volume was 297.6 K. The overall trading history on the 15th of April 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.39% . The trading delta at closing time to current price is 1.34% . |
HNI Corp Fundamentals Correlations and Trends
By evaluating HNI Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among HNI Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HNI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HNI Corp Stock history
HNI Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for HNI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HNI Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing HNI Corp stock prices may prove useful in developing a viable investing in HNI Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 45.4 M | 44.8 M | |
| Net Income Applicable To Common Shares | 111.5 M | 68.1 M |
HNI Corp Quarterly Net Working Capital |
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HNI Corp Stock Technical Analysis
HNI Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
HNI Corp Period Price Range
Low | April 12, 2024
| High |
42.07 | 41.82 |
HNI Corp June 1, 2024 Market Strength
Market strength indicators help investors to evaluate how HNI Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HNI Corp shares will generate the highest return on investment. By undertsting and applying HNI Corp stock market strength indicators, traders can identify HNI Corp entry and exit signals to maximize returns
| Accumulation Distribution | 2346.42 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 42.11 | |||
| Day Typical Price | 42.01 | |||
| Price Action Indicator | (0.41) | |||
| Period Momentum Indicator | 5.23 |
HNI Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HNI Corp's price direction in advance. Along with the technical and fundamental analysis of HNI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HNI to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0655 | |||
| Jensen Alpha | 0.0822 | |||
| Total Risk Alpha | 0.0472 | |||
| Sortino Ratio | 0.0663 | |||
| Treynor Ratio | 0.0966 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HNI Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for HNI Stock analysis
When running HNI Corp's price analysis, check to measure HNI Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HNI Corp is operating at the current time. Most of HNI Corp's value examination focuses on studying past and present price action to predict the probability of HNI Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HNI Corp's price. Additionally, you may evaluate how the addition of HNI Corp to your portfolios can decrease your overall portfolio volatility.
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Is HNI Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HNI Corp. If investors know HNI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HNI Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 8.597 | Dividend Share 1.28 | Earnings Share 1.42 | Revenue Per Share 55.401 | Quarterly Revenue Growth 0.227 |
The market value of HNI Corp is measured differently than its book value, which is the value of HNI that is recorded on the company's balance sheet. Investors also form their own opinion of HNI Corp's value that differs from its market value or its book value, called intrinsic value, which is HNI Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HNI Corp's market value can be influenced by many factors that don't directly affect HNI Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HNI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HNI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HNI Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.