Hill-Rom Holdings Inc (HRC) Issues Q1 Earnings Guidance
Hill-Rom Holdings Inc (NYSE:HRC) updated its first quarter earnings guidance on Friday. The company provided EPS guidance of $0.77-0.79 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.89. The company issued revenue guidance of +3% y/y (Approx $656 million), compared to the consensus revenue estimate of $689.45 million.Hill-Rom Holdings also updated its FY18 guidance to $4.22-4.30 EPS.
A number of research analysts recently commented on the company. Zacks Investment Research upgraded Hill-Rom Holdings from a hold rating to a buy rating and set a $90.00 target price for the company in a research note on Friday, October 27th. KeyCorp restated a buy rating and issued a $82.00 target price on shares of Hill-Rom Holdings in a research note on Tuesday, October 17th. BidaskClub upgraded Hill-Rom Holdings from a sell rating to a hold rating in a research note on Sunday, August 6th. Stifel Nicolaus restated a buy rating and issued a $84.00 target price on shares of Hill-Rom Holdings in a research note on Sunday, July 30th. Finally, Cantor Fitzgerald set a $86.00 price objective on Hill-Rom Holdings and gave the stock a hold rating in a research note on Friday, July 28th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has an average rating of Buy and a consensus target price of $87.29.
Hill-Rom Holdings (NYSE:HRC) last released its earnings results on Friday, November 3rd. The medical technology company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.04. The firm had revenue of $738.30 million during the quarter, compared to the consensus estimate of $731.10 million. Hill-Rom Holdings had a return on equity of 19.99% and a net margin of 4.27%. The company’s revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.18 EPS.
In other news, SVP Andreas G. Frank sold 3,940 shares of the company’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $77.84, for a total transaction of $306,689.60. Following the completion of the sale, the senior vice president now directly owns 16,701 shares in the company, valued at approximately $1,300,005.84. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Andreas G. Frank sold 6,870 shares of the company’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $77.48, for a total value of $532,287.60. Following the sale, the senior vice president now owns 16,701 shares of the company’s stock, valued at $1,293,993.48. The disclosure for this sale can be found here. Corporate insiders own 2.20% of the company’s stock.
About Hill-Rom Holdings
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.
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