HNI Statistics

Share Statistics

HNI has 45.84M shares outstanding. The number of shares has increased by -1.24% in one year.

Shares Outstanding	45.84M
Shares Change (YoY)	-1.24%
Shares Change (QoQ)	-0.73%
Owned by Institutions (%)	78.33%
Shares Floating	44.64M
Failed to Deliver (FTD) Shares	76
FTD / Avg. Volume	0.01%

Short Selling Information

The latest short interest is 2.89M, so 6.3% of the outstanding shares have been sold short.

Short Interest	2.89M
Short % of Shares Out	6.3%
Short % of Float	10.53%
Short Ratio (days to cover)	2.46

Valuation Ratios

The PE ratio is 17.28 and the forward PE ratio is 11.24. HNI's PEG ratio is 0.1.

PE Ratio	17.28
Forward PE	11.24
PS Ratio	0.95
Forward PS	0.8
PB Ratio	2.87
P/FCF Ratio	13.87
PEG Ratio	0.1

Financial Ratio History

Enterprise Valuation

HNI has an Enterprise Value (EV) of 2.89B.

EV / Sales	1.14
EV / EBITDA	9.18
EV / EBIT	12.73
EV / FCF	16.6

Financial Position

The company has a current ratio of 1.1, with a Debt / Equity ratio of 0.59.

Current Ratio	1.1
Quick Ratio	0.69
Debt / Equity	0.59
Debt / EBITDA	1.58
Debt / FCF	2.86
Interest Coverage	7.59

Financial Efficiency

Return on Equity is 16.61% and Return on Invested Capital is 10.84%.

Return on Equity	16.61%
Return on Assets	7.44%
Return on Invested Capital	10.84%
Revenue Per Employee	$332.42K
Profits Per Employee	$18.36K
Employee Count	7,600
Asset Turnover	1.35
Inventory Turnover	7.68

Taxes

Income Tax	39.8M
Effective Tax Rate	22.2%

Stock Price Statistics

The stock price has increased by -11.51% in the last 52 weeks. The beta is 0.92, so HNI's price volatility has been higher than the market average.

Beta	0.92
52-Week Price Change	-11.51%
50-Day Moving Average	48.1
200-Day Moving Average	47.95
Relative Strength Index (RSI)	53.01
Average Volume (20 Days)	525,972

Income Statement

In the last 12 months, HNI had revenue of 2.53B and earned 139.5M in profits. Earnings per share was 2.94.

Revenue	2.53B
Gross Profit	1.03B
Operating Income	206.5M
Net Income	139.5M
EBITDA	314.3M
EBIT	206.5M
Earnings Per Share (EPS)	2.94

Full Income Statement

Balance Sheet

The company has 22.5M in cash and 496.8M in debt, giving a net cash position of -474.3M.

Cash & Cash Equivalents	22.5M
Total Debt	496.8M
Net Cash	-474.3M
Retained Earnings	599.6M
Total Assets	1.91B
Working Capital	186.9M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 226.7M and capital expenditures -52.9M, giving a free cash flow of 173.8M.

Operating Cash Flow	226.7M
Capital Expenditures	-52.9M
Free Cash Flow	173.8M
FCF Per Share	3.67

Full Cash Flow Statement

Margins

Gross margin is 40.9%, with operating and profit margins of 8.17% and 5.52%.

Gross Margin	40.9%
Operating Margin	8.17%
Pretax Margin	7.1%
Profit Margin	5.52%
EBITDA Margin	12.44%
EBIT Margin	8.17%
FCF Margin	6.88%

Dividends & Yields

HNI pays an annual dividend of $1.67, which amounts to a dividend yield of 2.99%.

Dividend Per Share	$1.67
Dividend Yield	2.99%
Dividend Growth (YoY)	3.13%
Payout Ratio	54.22%
Earnings Yield	5.79%
FCF Yield	7.21%

Dividend Details

Analyst Forecast

The average price target for HNI is $70, which is 51.5% higher than the current price. The consensus rating is "Buy".

Price Target	$70
Price Target Difference	51.5%
Analyst Consensus	Buy
Analyst Count	1

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$72.24
Lynch Upside	56.4%
Graham Number	34.26
Graham Upside	-25.83%

Stock Splits

The last stock split was on Mar 30, 1998. It was a forward split with a ratio of 2:1.

Last Split Date	Mar 30, 1998
Split Type	forward
Split Ratio	2:1

Scores

Altman Z-Score	2.96
Piotroski F-Score	8

HNI Corporation (HNI)