Hill-Rom Holdings Inc. Hits New 52-Week High at $42.59 (HRC)
Shares of Hill-Rom Holdings (NYSE:HRC) hit a new 52-week high during trading hours on Tuesday, Stock Ratings Network.com reports. The company traded as high as $42.59 and last traded at $42.57, with a volume of 290,791 shares trading hands. The stock had previously closed at $41.73.
A number of analysts have recently weighed in on HRC shares. Analysts at Morgan Stanley downgraded shares of Hill-Rom Holdings from an “equal weight” rating to an “underweight” rating in a research note to investors on Monday, November 11th. They now have a $36.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Zacks upgraded shares of Hill-Rom Holdings from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, October 30th. They now have a $42.90 price target on the stock. Finally, analysts at Wells Fargo & Co. downgraded shares of Hill-Rom Holdings from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, October 25th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $38.30.
Hill-Rom Holdings has a 52 week low of $29.94 and a 52 week high of $42.56. The stock’s 50-day moving average is $41.06 and its 200-day moving average is $37.60. The company has a market cap of $2.478 billion and a price-to-earnings ratio of 23.98.
Hill-Rom Holdings (NYSE:HRC) last released its earnings data on Wednesday, October 23rd. The company reported $0.65 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.60 by $0.05. The company had revenue of $438.00 million for the quarter, compared to the consensus estimate of $437.90 million. During the same quarter last year, the company posted $0.56 earnings per share. Hill-Rom Holdings’s revenue was up 1.5% compared to the same quarter last year. Analysts expect that Hill-Rom Holdings will post $2.47 EPS for the current fiscal year.
Hill-Rom Holdings, Inc is a manufacturer and provider of medical technologies and related services for the health care industry, including patient support systems, safe mobility and handling solutions, non-invasive therapeutic products for a variety of acute and chronic medical conditions, medical equipment rentals and information technology solutions.
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