EPS for HNI Corp (HNI) Expected At $0.81

September 17, 2017 - By Lynda A. Deweese

 EPS for HNI Corp (HNI) Expected At $0.81
Investors sentiment decreased to 1.36 in 2016 Q4. Its down 0.11, from 1.47 in 2016Q3. It turned negative, as 25 investors sold HNI Corp shares while 42 reduced holdings. 30 funds opened positions while 61 raised stakes. 29.35 million shares or 1.80% less from 29.89 million shares in 2016Q3 were reported.
Strs Ohio accumulated 24,800 shares. Wellington Management Gru Llp owns 24,680 shares or 0% of their US portfolio. Sta Wealth Management Ltd Liability, Texas-based fund reported 4,440 shares. Proshare Limited Liability Company holds 0.01% or 11,731 shares in its portfolio. Oakbrook Investments Limited Liability holds 0.01% or 3,700 shares in its portfolio. Dimensional Fund Advsr L P reported 1.04M shares. Menta Ltd Liability Corp has invested 0.15% in HNI Corp (NYSE:HNI). 123,500 are held by California Pub Employees Retirement System. Vantage Invest Advsr Limited Liability Com accumulated 620 shares. Prudential Finance reported 44,077 shares. Manufacturers Life Insur Communication The holds 0.01% of its portfolio in HNI Corp (NYSE:HNI) for 90,320 shares. California-based Los Angeles Cap Management Equity Rech has invested 0% in HNI Corp (NYSE:HNI). Comerica Bankshares reported 0.01% of its portfolio in HNI Corp (NYSE:HNI). State Treasurer State Of Michigan owns 17,940 shares or 0.01% of their US portfolio. Suntrust Banks owns 0% invested in HNI Corp (NYSE:HNI) for 9,969 shares.

Since March 20, 2017, it had 0 insider purchases, and 3 selling transactions for $909,231 activity. The insider ASKREN STANLEY A sold 2,764 shares worth $128,556. 31,745 HNI Corp (NYSE:HNI) shares with value of $1.44M were sold by Bradford Steven M.

Investors wait HNI Corp (NYSE:HNI) to report on October, 18. its quarterly earnings Wall Street analysts expect $0.81 EPS, up $0.01 or 1.25 % from last year’s $0.8 same quarter earnings. This translates into $35.66 million profit for HNI giving the stock a 11.71 P/E. This is assuming the current $0.81 EPS is accurate. HNI Corp’s Wall Street analysts see 92.86 % EPS growth, taking into account the $0.42 EPS reproted in the previous quarter, The stock increased 2.02% or $0.75 on September 15, reaching $37.93. About 346,599 shares traded or 54.22% up from the average. HNI Corp (NYSE:HNI) has risen 0.38% since September 17, 2016 and is uptrending. It has underperformed by 16.32% the S&P500.

HNI Corp (NYSE:HNI) Ratings Coverage

Among 3 analysts covering HNI (NYSE:HNI), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. HNI had 4 analyst reports since September 20, 2016 according to SRatingsIntel. As per Tuesday, September 20, the company rating was downgraded by Raymond James. Seaport Global initiated HNI Corp (NYSE:HNI) on Friday, November 4 with “Neutral” rating. The firm has “Neutral” rating by Sidoti given on Saturday, January 7. The firm has “Buy” rating by Raymond James given on Wednesday, August 23.

HNI Corporation is a provider of office furniture and hearth products. The company has market cap of $1.67 billion. The Company’s office furniture products include panel and freestanding furniture systems, seating, storage and tables. It has a 27.31 P/E ratio. The Company’s divisions include office furniture and hearth products.

More important recent HNI Corp (NYSE:HNI) news were published by: Seekingalpha.com which released: “HNI Corporation: Still Not Cheap Enough After A Troubling Quarter” on September 06, 2017, also Seekingalpha.com published article titled: “S&P MidCap 400 ‘Safer’ Dividend Dogs Chase HNI Corp. August One-Year Gains”, Seekingalpha.com published: “HNI Corporation Stock Is Getting Close To Interesting” on May 22, 2017. More interesting news about HNI Corp (NYSE:HNI) was released by: Prnewswire.com and their article: “HNI Corporation First Quarter Fiscal 2017 Results Conference Call” with publication date: March 21, 2017.

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