Hill-Rom Holdings Given Consensus Rating of “Hold” by Analysts (NYSE:HRC)
Shares of Hill-Rom Holdings (NYSE:HRC) have been given an average rating of “Hold” by the nine brokerages that are currently covering the stock, Stock Ratings Network reports. One investment analyst has rated the stock with a sell recommendation and eight have issued a hold recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $39.73.
Hill-Rom Holdings (NYSE:HRC) opened at 38.64 on Friday. Hill-Rom Holdings has a 1-year low of $32.74 and a 1-year high of $44.64. The stock’s 50-day moving average is $38.01 and its 200-day moving average is $39.14. The company has a market cap of $2.211 billion and a P/E ratio of 33.34.
Hill-Rom Holdings (NYSE:HRC) last released its earnings data on Friday, May 2nd. The company reported $0.57 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.51 by $0.06. The company had revenue of $415.00 million for the quarter, compared to the consensus estimate of $412.02 million. During the same quarter in the prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was down 2.4% on a year-over-year basis. Analysts expect that Hill-Rom Holdings will post $2.24 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, June 27th. Shareholders of record on Friday, June 13th will be given a dividend of $0.1525 per share. This represents a $0.61 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend is Wednesday, June 11th.
HRC has been the subject of a number of recent research reports. Analysts at Morgan Stanley reiterated an “underweight” rating on shares of Hill-Rom Holdings in a research note on Friday, May 2nd. They now have a $36.00 price target on the stock. Separately, analysts at Northcoast Research downgraded shares of Hill-Rom Holdings from a “buy” rating to a “neutral” rating in a research note on Friday, April 11th. Finally, analysts at KeyCorp initiated coverage on shares of Hill-Rom Holdings in a research note on Wednesday, April 9th. They set a “hold” rating on the stock.
Hill-Rom Holdings, Inc (NYSE:HRC) is a manufacturer and provider of medical technologies and related services for the health care industry, including patient care systems, safe mobility and handling solutions, non-invasive therapeutic products for a variety of acute and chronic medical conditions, medical equipment rentals, surgical products and information technology solutions.
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