Hill-Rom (HRC) Set to Announce Quarterly Earnings on Friday
Hill-Rom (NYSE:HRC) will be issuing its quarterly earnings data before the market opens on Friday, January 26th. Analysts expect the company to announce earnings of $0.79 per share for the quarter. Hill-Rom has set its Q1 guidance at $0.77-0.79 EPS and its FY18 guidance at $4.22-4.30 EPS.
Hill-Rom (NYSE:HRC) last released its quarterly earnings data on Friday, November 3rd. The medical technology company reported $1.32 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.27 by $0.05. The company had revenue of $738.30 million for the quarter, compared to analyst estimates of $731.10 million. Hill-Rom had a return on equity of 20.27% and a net margin of 4.87%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.18 earnings per share. On average, analysts expect Hill-Rom to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Hill-Rom (NYSE:HRC) opened at $87.80 on Friday. The firm has a market capitalization of $5,780.00, a price-to-earnings ratio of 44.12, a price-to-earnings-growth ratio of 1.52 and a beta of 1.19. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.34 and a current ratio of 1.77. Hill-Rom has a 12 month low of $57.18 and a 12 month high of $88.91.
HRC has been the topic of a number of recent research reports. KeyCorp reissued a “buy” rating and set a $89.00 price objective (up previously from $82.00) on shares of Hill-Rom in a research note on Sunday, November 5th. ValuEngine lowered Hill-Rom from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Raymond James Financial raised Hill-Rom from a “market perform” rating to an “outperform” rating and set a $94.00 price objective on the stock in a research note on Wednesday, January 3rd. Zacks Investment Research raised Hill-Rom from a “hold” rating to a “buy” rating and set a $98.00 price objective on the stock in a research note on Monday, January 8th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $92.00 price objective on shares of Hill-Rom in a research note on Wednesday, November 29th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Hill-Rom has a consensus rating of “Buy” and an average price target of $95.38.
In other news, CEO John J. Greisch sold 125,241 shares of the company’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $82.59, for a total value of $10,343,654.19. Following the transaction, the chief executive officer now owns 280,851 shares of the company’s stock, valued at approximately $23,195,484.09. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO John J. Greisch sold 100,000 shares of the company’s stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $82.82, for a total value of $8,282,000.00. Following the completion of the transaction, the chief executive officer now directly owns 230,851 shares in the company, valued at approximately $19,119,079.82. The disclosure for this sale can be found here. In the last ninety days, insiders sold 226,241 shares of company stock worth $18,708,644. Corporate insiders own 2.20% of the company’s stock.
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Hill-Rom 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.
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