Hill-Rom Holdings (HRC) Getting Somewhat Positive Press Coverage, Analysis Shows

Headlines about Hill-Rom Holdings (NYSE:HRC) have been trending somewhat positive recently, according to AlphaOne Sentiment. AlphaOne, a subsidiary of Accern, identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hill-Rom Holdings earned a daily sentiment score of 0.11 on AlphaOne’s scale. AlphaOne also gave media headlines about the medical technology company an impact score of 77 out of 100, indicating that recent press coverage is likely to have an effect on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted Alpha One Sentiment’s analysis:

Hill-Rom Holdings (NYSE:HRC) traded down 0.75% during trading on Thursday, reaching $69.88. 463,285 shares of the company’s stock traded hands. The stock has a market capitalization of $4.57 billion, a P/E ratio of 32.55 and a beta of 1.20. Hill-Rom Holdings has a 1-year low of $46.79 and a 1-year high of $71.64. The stock has a 50-day moving average price of $68.68 and a 200 day moving average price of $60.82.

Hill-Rom Holdings (NYSE:HRC) last announced its quarterly earnings results on Friday, January 27th. The medical technology company reported $0.75 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.75. The company had revenue of $637.40 million for the quarter, compared to analyst estimates of $654.12 million. Hill-Rom Holdings had a net margin of 5.44% and a return on equity of 19.12%. Hill-Rom Holdings’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter last year, the business earned $0.68 EPS. Equities research analysts expect that Hill-Rom Holdings will post $3.82 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Friday, March 24th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date was Wednesday, March 22nd. This is a positive change from Hill-Rom Holdings’s previous quarterly dividend of $0.17. Hill-Rom Holdings’s dividend payout ratio (DPR) is 31.78%.

Several research firms recently commented on HRC. Zacks Investment Research raised Hill-Rom Holdings from a “hold” rating to a “buy” rating and set a $80.00 target price on the stock in a report on Monday, April 3rd. Barclays PLC started coverage on shares of Hill-Rom Holdings in a research note on Wednesday, February 8th. They issued an “overweight” rating and a $70.00 price objective for the company. Finally, Stifel Nicolaus started coverage on shares of Hill-Rom Holdings in a research note on Monday, January 23rd. They issued a “buy” rating and a $70.00 price objective for the company. Six analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of $68.33.

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In related news, SVP Paul Sherwood Johnson sold 1,403 shares of Hill-Rom Holdings stock in a transaction on Thursday, February 9th. The shares were sold at an average price of $60.95, for a total transaction of $85,512.85. Following the transaction, the senior vice president now owns 2,078 shares in the company, valued at approximately $126,654.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO John J. Greisch sold 207,987 shares of Hill-Rom Holdings stock in a transaction on Tuesday, March 7th. The shares were sold at an average price of $65.86, for a total transaction of $13,698,023.82. Following the transaction, the chief executive officer now owns 301,565 shares in the company, valued at approximately $19,861,070.90. The disclosure for this sale can be found here. In the last quarter, insiders sold 224,390 shares of company stock worth $14,823,637. 2.20% of the stock is owned by company insiders.

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.

5 Day Chart for NYSE:HRC

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