Hill-Rom Holdings Inc (HRC) Updates Q1 Earnings Guidance

Hill-Rom Holdings Inc (NYSE:HRC) issued an update on its first quarter earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $0.77-0.79 for the period, compared to the Thomson Reuters consensus 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.

Hill-Rom Holdings Inc (HRC) traded down C$1.81 during mid-day trading on Friday, reaching C$76.18. The company had a trading volume of 621,215 shares, compared to its average volume of 496,442. Hill-Rom Holdings Inc has a fifty-two week low of C$52.58 and a fifty-two week high of C$84.65. The firm has a market capitalization of $5,018.81, a P/E ratio of 19.74, a PEG ratio of 1.62 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 Holdings (NYSE:HRC) last released its earnings results on Friday, November 3rd. The company reported C$1.32 earnings per share for the quarter, topping analysts’ consensus estimates of C$1.27 by C$0.05. Hill-Rom Holdings had a return on equity of 20.27% and a net margin of 4.87%. The business had revenue of C$738.30 million for the quarter, compared to the consensus estimate of C$731.10 million. During the same period last year, the business earned $1.18 earnings per share. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. research analysts predict that Hill-Rom Holdings Inc will post 4.26 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Thursday, December 14th. Hill-Rom Holdings’s dividend payout ratio (DPR) is presently 36.18%.

HRC has been the topic of a number of recent research reports. Zacks Investment Research raised Hill-Rom Holdings from a hold rating to a buy rating and set a $90.00 target price on the stock in a research report on Friday, October 27th. KeyCorp restated a buy rating and set a $82.00 price target on shares of Hill-Rom Holdings in a research note on Tuesday, October 17th. Needham & Company LLC cut their price target on shares of 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. BidaskClub cut shares of Hill-Rom Holdings from a strong-buy rating to a buy rating in a research note on Monday, July 24th. Finally, Stifel Nicolaus restated a buy rating and set a $84.00 price target on shares of Hill-Rom Holdings in a research note on Sunday, July 30th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of C$88.57.

In other news, SVP Andreas G. Frank sold 6,870 shares of Hill-Rom Holdings stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of C$77.48, for a total value of C$532,287.60. Following the completion of the transaction, the senior vice president now owns 16,701 shares in the company, valued at C$1,293,993.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Andreas G. Frank sold 3,940 shares of Hill-Rom Holdings stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of C$77.84, for a total transaction of C$306,689.60. Following the completion of the transaction, the senior vice president now owns 16,701 shares of the company’s stock, valued at approximately C$1,300,005.84. The disclosure for this sale can be found here. Insiders own 2.20% of the company’s stock.

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Hill-Rom Holdings 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.

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

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