Halyard Health Inc (HYH) was Reiterated by Stifel to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 37 from a previous price target of $32 . Stifel advised their investors in a research report released on Jun 14, 2016.
On the company’s financial health, Halyard Health Inc reported $0.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on May 4, 2016. Analyst had a consensus of $0.34. The company had revenue of $385.00 million for the quarter, compared to analysts expectations of $370.54 million. The company’s revenue was down -2.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.51 EPS.
Halyard Health Inc closed down -0.8 points or -2.40% at $32.58 with 2,49,914 shares getting traded on Friday. Post opening the session at $33.09, the shares hit an intraday low of $32.49 and an intraday high of $33.09 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Sep 8, 2015, Robert E Abernathy (CEO) purchased 10,000 shares at $31.06 per share price. According to the SEC, on Sep 2, 2015, Steven E Voskuil (CFO) purchased 1,000 shares at $30.00 per share price.
Halyard Health Inc. seeks to advance health and healthcare by preventing infection eliminating pain and speeding recovery. The Company has two business segments: Surgical and Infection Prevention (S&IP) and Medical Devices. The Company’s S&IP business provides healthcare supplies and solutions that target the prevention of healthcare associated infections. S&IP’s product portfolio includes sterilization wrap surgical drapes and gowns facial protection protective apparel and medical exam gloves. Medical Devices segment provides a portfolio of product offerings including post-operative pain management solutions minimally invasive interventional (or chronic) pain therapies closed airway suction systems and enteral feeding tubes focused on pain management and respiratory and digestive health.