Hill-Rom Holdings Inc (NYSE:HRC) updated its fourth quarter earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $1.26-1.30 for the period, compared to the Thomson Reuters consensus estimate of $1.33. The company issued revenue guidance of +3 to 4% to ~$727-734 million, compared to the consensus revenue estimate of $751.39 million.

A number of brokerages recently issued reports on HRC. BidaskClub cut shares of Hill-Rom Holdings from a strong-buy rating to a buy rating in a research note on Monday. Zacks Investment Research cut shares of Hill-Rom Holdings from a buy rating to a hold rating in a research note on Tuesday, July 11th. Morgan Stanley upped their price target on shares of Hill-Rom Holdings from $85.00 to $90.00 and gave the stock an overweight rating in a research note on Friday, June 30th. Needham & Company LLC began coverage on shares of Hill-Rom Holdings in a research note on Thursday, June 29th. They issued a buy rating and a $95.00 price target on the stock. Finally, Cantor Fitzgerald began coverage on shares of Hill-Rom Holdings in a research note on Thursday, June 29th. They issued a neutral rating and a $86.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Hill-Rom Holdings presently has a consensus rating of Buy and a consensus price target of $88.50.

Hill-Rom Holdings Inc (NYSE HRC) opened at 79.70 on Friday. The firm has a 50-day moving average price of $80.93 and a 200-day moving average price of $71.62. Hill-Rom Holdings Inc has a 12 month low of $50.50 and a 12 month high of $84.65. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of 34.43 and a beta of 1.23.

Hill-Rom Holdings (NYSE:HRC) last issued its quarterly earnings results on Friday, July 28th. The medical technology company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.01. The business had revenue of $689.10 million during the quarter, compared to the consensus estimate of $695.50 million. Hill-Rom Holdings had a return on equity of 19.77% and a net margin of 5.80%. The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the company earned $0.81 earnings per share. Equities research analysts expect that Hill-Rom Holdings Inc will post $3.86 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Thursday, September 14th. Hill-Rom Holdings’s dividend payout ratio (DPR) is 31.03%.

In related news, SVP Paul Sherwood Johnson sold 2,078 shares of Hill-Rom Holdings stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $72.30, for a total transaction of $150,239.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Andreas G. Frank sold 10,660 shares of Hill-Rom Holdings stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of $78.62, for a total value of $838,089.20. Following the sale, the senior vice president now directly owns 28,988 shares of the company’s stock, valued at approximately $2,279,036.56. The disclosure for this sale can be found here. Insiders own 2.20% of the company’s stock.

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Hill-Rom Holdings Company Profile

Hill-Rom Holdings, Inc is a global medical technology company. The Company operates through four segments: North America Patient Support Systems, International Patient Support Systems, Front Line Care and Surgical Solutions. The Company’s products and services include Patient Support Systems, Front Line Care and Surgical Solutions.

Earnings History and Estimates for Hill-Rom Holdings (NYSE:HRC)

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