Halyard Health Inc (HYH) is Reiterated by Stifel to Buy, Raises Price Target to $ 37

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.

Halyard Health Inc

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