HNI Corporation (HNI) Hit a 52 Week High, Can the Run Continue?

分组1 - HNI is expected to post earnings of $3.10 per share on $2.65 billion in revenues for the current fiscal year, reflecting a 16.98% change in EPS and an 8.92% change in revenues [1] - For the next fiscal year, HNI is projected to earn $3.62 per share on $2.75 billion in revenues, indicating a year-over-year change of 16.77% in EPS and 3.87% in revenues [1] - HNI shares have increased by 9.7% over the past month and reached a new 52-week high of $48.3, with a year-to-date gain of 13.7% compared to 8.4% for the Zacks Business Services sector [7] 分组2 - HNI has a Value Score of B, a Growth Score of A, and a Momentum Score of F, resulting in a VGM Score of A [3] - The stock currently has a Zacks Rank of 2 (Buy), supported by rising earnings estimates [11] - The Business - Office Products industry is in the top 1% of all industries, indicating favorable conditions for HNI and its peers [13] 分组3 - HNI's stock trades at 15.3X current fiscal year EPS estimates, which is a premium compared to the peer industry average of 13.5X [10] - The stock has a trailing cash flow multiple of 10.3X versus the peer group's average of 5.4X, and a PEG ratio of 1.28 [10] - Steelcase Inc., a peer of HNI, is expected to post earnings of $1 per share on revenue of $3.26 billion for the current fiscal year, having beaten consensus estimates by 60% last quarter [12]