HNI Story

<div class='circular--portrait' style='background:#169D0B;color: #E6E6FA;font-size:3em;'>HNI</div>
HNI -- USA Stock  

USD 38.70  1.02  2.57%

Considering the 60-days investment horizon, HNI is expected to generate 2.32 times more return on investment than the market. However, the company is 2.32 times more volatile than its market benchmark. It trades about 0.13 of its potential returns per unit of risk. The DOW is currently generating roughly 0.1 per unit of risk. As many old-fashioned traders are trying to avoid industrials space, it makes sense to concentrate on HNI Corporation a little further and try to understand its current volatility patterns. We will examine how risky is to take a position in HNI at this time. HNI's low volatility may still impact the value of the stock as we estimate it as currently overvalued. The real value, based on our analysis, is getting close to 33.34 per share.
Published over a month ago
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Is HNI (NYSE:HNI) a good hedge for your existing portfolios?
HNI Corporation has roughly 28.51 M in cash with 234.43 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67.
Volatility is a rate at which the price of HNI or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of HNI may increase or decrease. In other words, similar to HNI's beta indicator, it measures the risk of HNI and helps estimate the fluctuations that may happen in a short period of time. So if prices of HNI fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is HNI's Liquidity

HNI financial leverage refers to using borrowed capital as a funding source to finance HNI Corporation ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. HNI financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between HNI's total debt and its cash.

How HNI utilizes its cash?

To perform a cash flow analysis of HNI, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash HNI is receiving and how much cash it distributes out in a given period. The HNI cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. HNI Net Cash Flow from Operations is most likely to increase significantly in the upcoming years. The last year's value of Net Cash Flow from Operations was reported at 223.36 Million

HNI Volatility Drivers

HNI unsystematic risk is unique to HNI Corporation and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in HNI you can also buy Knoll Inc. You can also mitigate this risk by investing in the business equipment & supplies sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing HNI important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in HNI income statement and balance sheet. Here are more details about HNI volatility.
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