Equities analysts expect that Hill-Rom Holdings, Inc. (NYSE:HRC) will post earnings of $1.08 per share for the current quarter, Zacks reports. Four analysts have made estimates for Hill-Rom’s earnings, with estimates ranging from $1.07 to $1.09. Hill-Rom posted earnings per share of $1.02 in the same quarter last year, which indicates a positive year-over-year growth rate of 5.9%. The firm is expected to announce its next earnings report on Friday, January 24th.
According to Zacks, analysts expect that Hill-Rom will report full year earnings of $5.52 per share for the current fiscal year, with EPS estimates ranging from $5.51 to $5.54. For the next fiscal year, analysts forecast that the firm will post earnings of $6.16 per share, with EPS estimates ranging from $6.00 to $6.25. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Hill-Rom.
Hill-Rom (NYSE:HRC) last released its earnings results on Friday, November 1st. The medical technology company reported $1.69 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.65 by $0.04. The company had revenue of $782.80 million during the quarter, compared to the consensus estimate of $759.14 million. Hill-Rom had a return on equity of 21.67% and a net margin of 5.24%. Hill-Rom’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.63 EPS.
Several equities research analysts have commented on the company. Needham & Company LLC reiterated a “buy” rating and set a $125.00 price objective on shares of Hill-Rom in a research note on Tuesday, August 6th. Barclays raised their price target on shares of Hill-Rom from $108.00 to $116.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 6th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $113.40.
HRC traded up $0.60 during midday trading on Wednesday, hitting $106.61. 11,320 shares of the company traded hands, compared to its average volume of 379,511. The company has a current ratio of 1.31, a quick ratio of 1.10 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $7.16 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 1.66 and a beta of 0.82. Hill-Rom has a 52-week low of $81.85 and a 52-week high of $111.63. The business has a 50 day simple moving average of $103.67 and a two-hundred day simple moving average of $103.77.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.79%. The ex-dividend date is Friday, December 13th. Hill-Rom’s dividend payout ratio is currently 16.54%.
In related news, SVP Deborah Rasin sold 4,739 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $103.97, for a total transaction of $492,713.83. Following the completion of the sale, the senior vice president now directly owns 31,001 shares in the company, valued at $3,223,173.97. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Andreas G. Frank sold 6,000 shares of Hill-Rom stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $105.83, for a total transaction of $634,980.00. Following the transaction, the senior vice president now directly owns 40,004 shares in the company, valued at $4,233,623.32. The disclosure for this sale can be found here. Insiders own 0.73% of the company’s stock.
Several institutional investors have recently bought and sold shares of HRC. United Services Automobile Association grew its holdings in shares of Hill-Rom by 0.6% during the 2nd quarter. United Services Automobile Association now owns 21,608 shares of the medical technology company’s stock worth $2,261,000 after purchasing an additional 132 shares during the period. Whittier Trust Co. grew its stake in shares of Hill-Rom by 29.8% in the third quarter. Whittier Trust Co. now owns 649 shares of the medical technology company’s stock valued at $68,000 after buying an additional 149 shares in the last quarter. Texas Permanent School Fund grew its stake in shares of Hill-Rom by 0.4% in the third quarter. Texas Permanent School Fund now owns 45,477 shares of the medical technology company’s stock valued at $4,786,000 after buying an additional 160 shares in the last quarter. Bay Harbor Wealth Management LLC raised its holdings in shares of Hill-Rom by 31.8% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 705 shares of the medical technology company’s stock valued at $72,000 after buying an additional 170 shares during the period. Finally, Flagship Harbor Advisors LLC grew its position in Hill-Rom by 8.4% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 2,254 shares of the medical technology company’s stock valued at $237,000 after acquiring an additional 174 shares in the last quarter. 82.85% of the stock is owned by institutional investors and hedge funds.
Hill-Rom Company Profile
Hill-Rom Holdings, Inc operates as a medical technology company worldwide. It operates in three segments: Patient Support Systems, Front Line Care, and Surgical Solutions. The company offers medical surgical beds, intensive care unit beds, and bariatric patient beds, lifts and other patient mobility devices, non-invasive therapeutic products and surfaces, and information technologies and software solutions; and medical equipment management services, as well as sells equipment service contracts for its capital equipment.
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