The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Hon Industries has an asset utilization ratio of 159.03 percent. This implies that the company is making $1.59 for each dollar of assets. An increasing asset utilization means that Hon Industries is more efficient with each dollar of assets it utilizes for everyday operations.
About
76.0% of the company shares are owned by institutional investors. The book value of Hon Industries was currently reported as 13.71. Hon Industries has Price/Earnings To Growth (PEG) ratio of 2.16. The entity last dividend was issued on the 26th of February 2021. The firm had
2:1 split on the 30th of March 1998.
The successful prediction of HNI Corp
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as HNI Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of HNI Corp based on HNI Corp hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to HNI Corp's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to HNI Corp's related companies.
Use Technical Analysis to project HNI expected Price
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.
A focus of HNI Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HNI Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...HNI Corp Gross Profit
HNI Corp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing HNI Corp previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show HNI Corp Gross Profit growth over the last 10 years. Please check HNI Corp's
gross profit and other
fundamental indicators for more details.
Breaking it down a bit more
The company reported the last year's revenue of 2.01
B. Total Income to common stockholders was 66.94
M with profit before taxes, overhead, and interest of 833.76
M.
Cost of Revenue Breakdown
Hon Industries Cost of Revenue is increasing over the last several years with slightly volatile swings. Cost of Revenue is estimated to finish at about 1.6
B this year. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Hon Industries Cost of Revenue is most likely to increase significantly in the upcoming years. The last year's value of Cost of Revenue was reported at 1.57 Billion
| 2010 | 1.1 Billion |
| 2011 | 1.19 Billion |
| 2012 | 1.46 Billion |
| 2016 | 1.37 Billion |
| 2017 | 1.41 Billion |
| 2020 | 1.57 Billion |
| 2021 | 1.61 Billion |
Our perspective of the current Hon Industries drop
Coefficient Of Variation just dropped to -4097.25, may hint to upcoming price depreciation.
As of the 28th of February, Hon Industries retains the
risk adjusted performance of
(0.01077), and Market Risk Adjusted Performance of 0.2833. Hon Industries
technical analysis makes it possible for you to employ
historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen
technical drivers for Hon Industries, which can be compared to its competitors. Please check out
Hon Industries jensen alpha, as well as the
relationship between the potential upside and
skewness to decide if Hon Industries is priced fairly, providing market reflects its last-minute price of 35.59 per share. Given that Hon Industries has
jensen alpha of
(0.06), we strongly advise you to confirm Hon Industries's regular market performance to make sure the company can sustain itself at a future point.
Our Conclusion on Hon Industries
When is the right time to buy or sell Hon Industries? Buying stocks such as Hon Industries isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without
sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily basis.
With a less-than optimistic outlook for your 30 days horizon, it may be a good time to quit some or all of your Hon Industries holdings as it seems the potential growth was already fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Hon Industries.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of HNI Corp. Please refer to our
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