HNI Corp (NYSE:HNI)

PatrickDickey (37.98) Submitted: 8/6/2009 1:44:07 AM : Start Price: $19.35 HNI Score: +21.43

While they laid off a lot of people between January and June, they began bringing back the earlier lay-offs within the past month. Slowly but surely, they are returning to work. The business may not be great now, but as the economy recovers, so will the demand for good office furniture and home products. And HNI will be there to deliver.

Jimboski93 (< 20) Submitted: 3/27/2009 5:11:24 PM : Start Price: $9.03 HNI Score: -190.90

More deleveraging to come

Patrick6k (55.32) Submitted: 8/26/2008 11:28:23 AM : Start Price: $18.74 HNI Score: +58.42

HNI Inc. is the Middleby of office products. It's a boring and profitable business with a sterling management crew.
With a double digit percentage of inside ownership and a shareholder friendly return on equity this is a great company for the long term investor.
This gem of a mid-cap sports a nice little 1.5% dividend for the income investors out there as well.
Go Long,
Fool On!!!

chappy023 (55.91) Submitted: 5/17/2008 9:11:17 PM : Start Price: $19.89 HNI Score: -61.44

STOCK HAS BEEN GOING DOWN BUT TRENDS SHOW THAT IT WILL REBOUND.

JimNastics (95.69) Submitted: 3/24/2008 10:47:27 PM : Start Price: $23.29 HNI Score: +27.59

Consistent dividend producer and a major player in the office furniture market.

ThePessimist (99.52) Submitted: 4/24/2007 4:20:17 PM : Start Price: $33.89 HNI Score: -11.50

HNI has been beaten down lately due to weakness in both its segments. Hearth products go into homes, so those have been hurt by the homebuilding slump. Office furniture sales have been weak too.

While this all sounds bad, the consensus estimates for FY07 and 08 are still $2.37 and $2.85 respectively, leaving P/E ratios at reasonable 17.7x and 14.8x. It’s hard to believe that homebuilding can get too much worse, and the low unemployment and continuing commercial construction suggest that office furniture will pick up too.

Note that even with all of its challenges, HNI has been a free cash flow machine. Management has largely used the FCF on share repurchases, helping to prop up EPS.

GiantSherman (64.21) Submitted: 1/11/2007 1:55:39 PM : Start Price: $35.83 HNI Score: -22.86

#2 office funiture company in the world. Just recently bought the #1 supplier of office equipment in China. Great ROE, low to no debt, great cash flow and managment has done a wonderful job with the use of the companies past earnings to generate longterm shareholder value.