Hon Industries Story

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HNI -- USA Stock  

USD 40.11  0.25  0.62%

Let's first try to concentrate on why Hon Industries investors are seeking stability amid unprecedented economic uncertainty. On the 28th of February the company is traded for 35.59. Hon Industries has historical hype elasticity of -0.02. The average price elasticity to hype of competition is about -0.01. The entity is forecasted to decline in value after the next headline, with the price expected to drop to 35.57. The average volatility of media hype impact on Hon Industries stock price is way over 100%. The price depreciation on the next news is expected to be -0.06%, whereas the daily expected return is currently at -0.01 percent. The volatility of related hype on Hon Industries is about 441.86% with expected price after next announcement by competition of 35.58 Considering the 30-day investment horizon the next forecasted press release will be in about 6 days.
Published over a month ago
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Do you have a personal attachment to Hon Industries?
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 Hon Industries 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 Hon Industries, 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 Hon Industries based on Hon Industries hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Hon Industries's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Hon Industries's related companies.

Use Technical Analysis to project Hon Industries expected Price

Hon Industries 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 Hon Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hon Industries 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...

How Hon Industries utilizes its cash?

To perform a cash flow analysis of Hon Industries, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Hon Industries is receiving and how much cash it distributes out in a given period. The Hon Industries cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Hon Industries 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 214.47 Million

Acquisition by Dhanusha Sivajee of 241 shares of Hon Industries subject to Rule 16b-3

Legal trades by Hon Industries insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Hon Industries insider trading alert for grant of common stock by Dhanusha Sivajee, the corporate stakeholder, on 19th of February 2021. This event was filed by Hni Corp with SEC on 2021-02-19. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

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
20101.1 Billion
20111.19 Billion
20121.46 Billion
20161.37 Billion
20171.41 Billion
20201.57 Billion
20211.61 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.

About Contributor

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 Hon Industries. Please refer to our Terms of Use for any information regarding our disclosure principles.

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