Analysts expect Hill-Rom Holdings Inc (NYSE:HRC) to report $733.35 million in sales for the current quarter, Zacks reports. Four analysts have provided estimates for Hill-Rom Holdings’ earnings, with the lowest sales estimate coming in at $730.00 million and the highest estimate coming in at $737.60 million. Hill-Rom Holdings posted sales of $706.00 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 3.9%. The firm is expected to report its next earnings results on Thursday, November 2nd.

According to Zacks, analysts expect that Hill-Rom Holdings will report full year sales of $733.35 million for the current fiscal year. For the next year, analysts expect that the business will post sales of $2.87 billion per share, with estimates ranging from $2.85 billion to $2.89 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover Hill-Rom Holdings.

Hill-Rom Holdings (NYSE:HRC) last announced its quarterly earnings results on Friday, July 28th. The medical technology company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. The firm had revenue of $689.10 million for the quarter, compared to the consensus estimate of $695.50 million. Hill-Rom Holdings had a net margin of 4.27% and a return on equity of 19.99%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.81 EPS.

HRC has been the subject of several research analyst reports. BidaskClub lowered Hill-Rom Holdings from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Zacks Investment Research lowered Hill-Rom Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Needham & Company LLC lowered their target price on Hill-Rom Holdings from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Friday, July 28th. Barclays PLC increased their target price on Hill-Rom Holdings from $80.00 to $86.00 and gave the company an “overweight” rating in a research note on Friday, June 9th. Finally, Morgan Stanley increased their target price on Hill-Rom Holdings from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, June 30th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $88.17.

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Hill-Rom Holdings (NYSE HRC) traded down 0.49% during midday trading on Monday, hitting $77.01. 481,694 shares of the stock traded hands. The company’s 50 day moving average price is $75.42 and its 200 day moving average price is $75.05. The firm has a market cap of $5.07 billion, a PE ratio of 44.88 and a beta of 1.21. Hill-Rom Holdings has a 12 month low of $50.50 and a 12 month high of $84.65.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Thursday, September 14th. Hill-Rom Holdings’s dividend payout ratio is currently 41.62%.

Several hedge funds and other institutional investors have recently made changes to their positions in HRC. Strs Ohio bought a new stake in shares of Hill-Rom Holdings in the 1st quarter worth approximately $1,765,000. Russell Investments Group Ltd. lifted its holdings in shares of Hill-Rom Holdings by 64.3% in the 1st quarter. Russell Investments Group Ltd. now owns 62,568 shares of the medical technology company’s stock worth $4,418,000 after purchasing an additional 24,477 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in shares of Hill-Rom Holdings by 1.5% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 20,913 shares of the medical technology company’s stock worth $1,476,000 after purchasing an additional 300 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Hill-Rom Holdings by 6.9% in the 1st quarter. Wells Fargo & Company MN now owns 71,499 shares of the medical technology company’s stock worth $5,047,000 after purchasing an additional 4,619 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Hill-Rom Holdings by 457.1% in the 1st quarter. Canada Pension Plan Investment Board now owns 11,700 shares of the medical technology company’s stock worth $826,000 after purchasing an additional 9,600 shares during the last quarter. 82.31% of the stock is currently owned by institutional investors and hedge funds.

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

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