Hill-Rom (HRC) Issues Q1 Earnings Guidance
Hill-Rom (NYSE:HRC) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $0.77-0.79 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.79. The company issued revenue guidance of $670 million, compared to the consensus revenue estimate of $656.42 million.
Shares of Hill-Rom (NYSE:HRC) opened at $88.34 on Wednesday. Hill-Rom has a 12 month low of $55.04 and a 12 month high of $88.91. The firm has a market cap of $5,810.00, a PE ratio of 44.39, a PEG ratio of 1.65 and a beta of 1.19. The company has a current ratio of 1.77, a quick ratio of 1.34 and a debt-to-equity ratio of 1.55.
Hill-Rom (NYSE:HRC) last announced its earnings results on Friday, November 3rd. The medical technology company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.05. Hill-Rom had a net margin of 9.36% and a return on equity of 21.07%. The business had revenue of $738.30 million during the quarter, compared to the consensus estimate of $731.10 million. During the same quarter in the prior year, the firm earned $1.18 earnings per share. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. research analysts expect that Hill-Rom will post 4.32 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were paid a dividend of $0.18 per share. The ex-dividend date was Thursday, December 14th. This represents a $0.72 annualized dividend and a dividend yield of 0.82%. Hill-Rom’s dividend payout ratio (DPR) is 36.18%.
A number of brokerages recently commented on HRC. Zacks Investment Research upgraded shares of Hill-Rom from a sell rating to a hold rating in a research report on Monday, September 18th. KeyCorp restated a buy rating and issued a $82.00 price objective on shares of Hill-Rom in a research report on Tuesday, October 17th. ValuEngine downgraded shares of Hill-Rom from a buy rating to a hold rating in a research report on Saturday, November 4th. Needham & Company LLC reduced their price objective on shares of Hill-Rom from $93.00 to $90.00 and set a buy rating for the company in a research report on Monday, November 6th. Finally, Stifel Nicolaus increased their target price on shares of Hill-Rom from $84.00 to $85.00 and gave the company a buy rating in a report on Monday, November 6th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Hill-Rom presently has an average rating of Hold and an average target price of $91.75.
In other news, CEO John J. Greisch sold 125,241 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $82.59, for a total transaction of $10,343,654.19. Following the completion of the transaction, the chief executive officer now directly 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 available at the SEC website. Also, SVP Paul Sherwood Johnson sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $82.99, for a total transaction of $82,990.00. Following the transaction, the senior vice president now directly owns 1,066 shares of the company’s stock, valued at $88,467.34. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 226,241 shares of company stock valued at $18,708,644. 2.20% of the stock is currently owned by corporate insiders.
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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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