HNI Corp Stock Forecast - Rate Of Daily Change

HNI Stock  USD 56.17  0.61  1.10%   
HNI Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of HNI Corp's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, HNI Corp's Inventory Turnover is decreasing as compared to previous years. The HNI Corp's current Asset Turnover is estimated to increase to 2.08, while Payables Turnover is projected to decrease to 6.61. . The current Common Stock Shares Outstanding is estimated to decrease to about 44.8 M. The current Net Income Applicable To Common Shares is estimated to decrease to about 68.1 M.
HNI Corp has current Rate Of Daily Change of 1.01. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of HNI Corp.
Check HNI Corp VolatilityBacktest HNI CorpInformation Ratio  

HNI Corp Trading Date Momentum

On November 25 2024 HNI Corp was traded for  56.17  at the closing time. Highest HNI Corp's price during the trading hours was 56.59  and the lowest price during the day was  55.77 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of November did not cause price change. The trading delta at closing time to current price is 0.57% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
Compare HNI Corp to competition

Other Forecasting Options for HNI Corp

For every potential investor in HNI, whether a beginner or expert, HNI Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. HNI Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in HNI. Basic forecasting techniques help filter out the noise by identifying HNI Corp's price trends.

HNI Corp Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HNI Corp stock to make a market-neutral strategy. Peer analysis of HNI Corp could also be used in its relative valuation, which is a method of valuing HNI Corp by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

HNI Corp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of HNI Corp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of HNI Corp's current price.

HNI Corp Market Strength Events

Market strength indicators help investors to evaluate how HNI Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HNI Corp shares will generate the highest return on investment. By undertsting and applying HNI Corp stock market strength indicators, traders can identify HNI Corp entry and exit signals to maximize returns.

HNI Corp Risk Indicators

The analysis of HNI Corp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in HNI Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hni stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether HNI Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HNI Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hni Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hni Corp Stock:
Check out Historical Fundamental Analysis of HNI Corp to cross-verify your projections.
For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HNI Corp. If investors know HNI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HNI Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.225
Dividend Share
1.3
Earnings Share
2.58
Revenue Per Share
54.402
Quarterly Revenue Growth
(0.06)
The market value of HNI Corp is measured differently than its book value, which is the value of HNI that is recorded on the company's balance sheet. Investors also form their own opinion of HNI Corp's value that differs from its market value or its book value, called intrinsic value, which is HNI Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HNI Corp's market value can be influenced by many factors that don't directly affect HNI Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HNI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HNI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HNI Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.