Hill-Rom Holdings (HRC) is Upgraded by Morgan Stanley to Overweight

Hill-Rom Holdings (HRC) was Upgraded by Morgan Stanley to ” Overweight”. Earlier the firm had a rating of “Equal-Weight ” on the company shares. Morgan Stanley advised their investors in a research report released on Jun 16, 2016.

On the company’s financial health, Hill-Rom Holdings reported $0.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 29, 2016. Analyst had a consensus of $0.70. The company had revenue of $632.60 million for the quarter, compared to analysts expectations of $651.80 million. The company’s revenue was up 33.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS.

Hill-Rom Holdings closed down -0.04 points or -0.08% at $48.91 with 2,98,114 shares getting traded on Wednesday. Post opening the session at $49.1, the shares hit an intraday low of $48.87 and an intraday high of $49.3 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on May 17, 2016, Jason Richardson (VP, Controller & CAO) sold 2,952 shares at $47.80 per share price. According to the SEC, on Mar 16, 2015, Richard G Keller (VP, Controller & CAO) sold 4,996 shares at $48.42 per share price. On Feb 12, 2015, Alton Shader (Sr VP & Pres Post Acute Care) sold 15,253 shares at $46.30 per share price, according to the Form-4 filing with the securities and exchange commission.

Hill-Rom Holdings Inc. (Hill-Rom) is a medical technology company. The Company partners with health care providers in more than 100 countries by focusing on patient care solutions that improve clinical and economic outcomes in five core areas: Advancing Mobility Wound Care and Prevention Clinical Workflow Surgical Safety and Efficiency and Respiratory Health. The Company operates in three segments: North America Surgical and Respiratory Care and International. North America segment sells and rents its patient support and near-patient technologies and services as well as its clinical workflow solutions in the United States and Canada. Surgical and Respiratory Care segment sells and rents its surgical and respiratory care products globally. International segment sells and rents similar products as its North America segment in regions outside of the United States and Canada.

Hill-Rom Holdings

Leave a Reply

Hill-Rom Holdings - Is it time to Sell?

Top Brokerage Firms are advising their investors on Hill-Rom Holdings. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.