NEW YORK ( TheStreet) -TheStreet Ratings' stock model upgraded Hillenbrand Inc ( HI) to 'Buy' from 'Hold'. Net income at this $1.3 billion market cap, casket maker slipped 8.1% to a profit of $27.1 million compared to the prior fiscal first quarter.
TheStreet Ratings released rating changes on six U.S. common stocks for March 18, 2011. In total, three stocks were upgraded and three stocks were downgraded by our stock model. In the fiscal first quarter, Hillenbrand reported $211 million in revenue, an increase of 30.7% compared to the year earlier quarter. Learn more about Hillenbrand: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings. $9.5 million market cap, furniture company, Chromcraft Revington Inc ( CRC) was downgraded to 'Sell' from 'Hold'. In third quarter results for the period ending Oct 2, Chromcraft Revington net loss of $1.9 million was nearly double the loss of $1 million from the year earlier quarter. Over the same time period, revenue shrank by 13.9% to $13.8 million. Learn more about Chromcraft Revington: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings. -- Reported by Kevin Baker in Jupiter, FL. For additional Investment Research check out our Ratings Research Center.
Investors in Hillenbrand Inc saw new options begin trading this week, for the February 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the HI options chain for the new February 20th contracts and identified the following put contract of particular interest.