NYSE:HNICommercial Services
HNI (HNI) Margins Rise to 5.5%, Reinforcing Bullish Valuation Narratives
HNI (HNI) delivered 14.5% EPS growth over the past year, slightly behind its five-year average of 16.2% per year. Net profit margins improved to 5.5% from 4.8% last year. Looking forward, earnings are forecast to grow at 19.3% per year, outpacing the US market’s 15.6% growth estimate, although revenue growth forecasts remain more modest at 4.5% per year. With profit margins on the rise and the stock trading well below both its industry and peer Price-To-Earnings ratios, investors are likely...