Share on StockTwits

Hill-Rom Holdings, Inc. (NYSE:HRC) updated its fourth quarter earnings guidance on Thursday. The company provided earnings per share guidance of $0.68-0.72 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.71, American Banking News.com reports.

A number of analysts have recently weighed in on HRC shares. Analysts at Goldman Sachs upgraded shares of Hill-Rom Holdings from a neutral rating to a buy rating in a research note on Wednesday, June 25th. Analysts at Piper Jaffray raised their price target on shares of Hill-Rom Holdings from $40.00 to $43.00 in a research note on Wednesday, June 25th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. Hill-Rom Holdings presently has a consensus rating of Hold and an average price target of $41.97.

Hill-Rom Holdings, Inc. (NYSE:HRC) traded up 0.32% during mid-day trading on Thursday, hitting $40.76. 68,977 shares of the company’s stock traded hands. Hill-Rom Holdings, Inc. has a 52-week low of $33.57 and a 52-week high of $44.64. The stock’s 50-day moving average is $40.52 and its 200-day moving average is $38.73. The company has a market cap of $2.332 billion and a P/E ratio of 35.06.

Hill-Rom Holdings (NYSE:HRC) last released its earnings data on Thursday, August 7th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.14. The company had revenue of $398.00 million for the quarter, compared to the consensus estimate of $411.41 million. During the same quarter in the previous year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was down 6.3% on a year-over-year basis. Analysts expect that Hill-Rom Holdings, Inc. will post $2.23 EPS for the current fiscal year.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.