Hill-Rom Holdings Inc. (HRC) Sets New 12-Month High at $60.00
Shares of Hill-Rom Holdings Inc. (NYSE:HRC) reached a new 52-week high during trading on Monday . The company traded as high as $60.00 and last traded at $59.97, with a volume of 515,400 shares trading hands. The stock had previously closed at $59.25.
A number of analysts recently commented on the stock. Morgan Stanley upgraded shares of Hill-Rom Holdings from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $54.00 to $62.00 in a research report on Thursday, June 16th. Zacks Investment Research upgraded shares of Hill-Rom Holdings from a “hold” rating to a “buy” rating and set a $64.00 price objective for the company in a research 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 research report on Thursday, June 23rd. One 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 currently has an average rating of “Buy” and an average price target of $61.50.
The stock has a 50-day moving average price of $55.81 and a 200-day moving average price of $51.08. The stock has a market capitalization of $3.93 billion and a PE ratio of 61.76.
Hill-Rom Holdings (NYSE:HRC) last posted its 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. The company had revenue of $655.40 million for the quarter, compared to the consensus estimate of $647.75 million. During the same period in the previous year, the firm posted $0.62 EPS. The business’s quarterly revenue was up 38.1% compared to the same quarter last year. On average, equities analysts forecast that Hill-Rom Holdings Inc. will post $3.33 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 16th will be paid a dividend of $0.17 per share. The ex-dividend date is Wednesday, September 14th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.13%.
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.