HNI Corp

Company Profile

HNI Corp had its IPO on 1990-03-26 under the ticker symbol HNI.

The company operates in the Industrials sector and Business Equipment & Supplies industry. HNI Corp has a staff strength of 7,100 employees.

Stock update

Shares of HNI Corp opened at $31.55 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $31.55 - $31.92, and closed at $31.73.

This is a +0.89% increase from the previous day's closing price.

A total volume of 213,926 shares were traded at the close of the day’s session.

In the last one week, shares of HNI Corp have slipped by -4.54%.

HNI Corp's Key Ratios

HNI Corp has a market cap of $1.46 billion, indicating a price to book ratio of 1.8693 and a price to sales ratio of 0.4708.

In the last 12-months HNI Corp’s revenue was $2.21 billion with a gross profit of $843.70 million and an EBITDA of $176.10 million. The EBITDA ratio measures HNI Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, HNI Corp’s operating margin was 5.19% while its return on assets stood at 3.91% with a return of equity of 10.66%.

In Q2, HNI Corp’s quarterly earnings growth was a negative -88.3% while revenue growth was a negative 9.4%.

HNI Corp’s PE and PEG Ratio

Forward PE

18.622

Trailing PE

19.2945

PEG

1.94

Its diluted EPS in the last 12-months stands at $1.63 per share while it has a forward price to earnings multiple of 18.622 and a PEG multiple of 1.94. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into HNI Corp’s profitability.

HNI Corp stock is trading at a EV to sales ratio of 0.5939 and a EV to EBITDA ratio of 6.2197. Its price to sales ratio in the trailing 12-months stood at 0.4708.

HNI Corp stock pays annual dividends of $1.28 per share, indicating a yield of 4.07% and a payout ratio of 63.37%.

Balance sheet and cash flow metrics

Total Assets

$2.08 billion

Total Liabilities

$489.40 million

Operating Cash Flow

$-390800000.00

Capital Expenditure

$21 million

Dividend Payout Ratio

63.37%

HNI Corp ended 2024 with $2.08 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.08 billion while shareholder equity stood at $715.00 million.

HNI Corp ended 2024 with $72.90 million in deferred long-term liabilities, $489.40 million in other current liabilities, 46500000.00 in common stock, $493.90 million in retained earnings and $493.20 million in goodwill. Its cash balance stood at $23.80 million and cash and short-term investments were $29.50 million. The company’s total short-term debt was $28,900,000 while long-term debt stood at $597.10 million.

HNI Corp’s total current assets stands at $597.70 million while long-term investments were $0 and short-term investments were $5.70 million. Its net receivables were $255.50 million compared to accounts payable of $438.80 million and inventory worth $234.80 million.

In 2024, HNI Corp's operating cash flow was $-390800000.00 while its capital expenditure stood at $21 million.

Comparatively, HNI Corp paid $0.63 in dividends in 2024.

Other key metrics

Current Trading Price

$31.73

52-Week High

$33.54

52-Week Low

$24.0725

Analyst Target Price

$35

HNI Corp stock is currently trading at $31.73 per share. It touched a 52-week high of $33.54 and a 52-week low of $33.54. Analysts tracking the stock have a 12-month average target price of $35.

Its 50-day moving average was $29.88 and 200-day moving average was $28.07 The short ratio stood at 5.15 indicating a short percent outstanding of 0%.

Around 161.7% of the company’s stock are held by insiders while 7381.7% are held by institutions.