Hill-Rom Holdings Inc. (HRC) Sets New 1-Year High at $59.74
Shares of Hill-Rom Holdings Inc. (NYSE:HRC) reached a new 52-week high on Monday . The stock traded as high as $59.74 and last traded at $59.51, with a volume of 289,993 shares trading hands. The stock had previously closed at $59.26.
Several analysts recently weighed in on the company. Morgan Stanley restated a “hold” rating on shares of Hill-Rom Holdings in a report on Tuesday, May 3rd. Zacks Investment Research upgraded Hill-Rom Holdings from a “hold” rating to a “buy” rating and set a $64.00 price objective for the company in a report on Tuesday, August 9th. Finally, KeyCorp restated a “buy” rating and issued a $59.00 price objective on shares of Hill-Rom Holdings in a report on Thursday, June 23rd. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $61.50.
The stock has a market capitalization of $3.90 billion and a price-to-earnings ratio of 61.30. The company has a 50-day moving average price of $55.10 and a 200 day moving average price of $50.90.
Hill-Rom Holdings (NYSE:HRC) last released its quarterly earnings results on Thursday, August 4th. The medical technology company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.05. During the same quarter in the prior year, the company posted $0.62 earnings per share. The business had revenue of $655.40 million for the quarter, compared to analysts’ expectations of $647.75 million. The business’s revenue for the quarter was up 38.1% compared to the same quarter last year. Analysts predict that Hill-Rom Holdings Inc. will post $3.33 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Friday, September 16th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Wednesday, September 14th.
Hill-Rom Holdings, Inc is a medical technology company. The Company offers patient care solutions that improve clinical and economic outcomes in advancing mobility, wound care and prevention, clinical workflow, surgical safety and efficiency, and respiratory health areas. Its segments include North America, Surgical and Respiratory Care, International and Welch Allyn.
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