Halyard Health Inc (HYH) reported quarterly earnings results on Wednesday, Aug-3-2016. The company said it had a profit of $0.45 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.09. Analysts had a consensus of $0.36. The company posted revenue of $400.00 million in the period, compared to analysts expectations of $382.39 million. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 EPS.
Many Wall Street Analysts have commented on Halyard Health Inc. Company shares were Reiterated by Stifel on Jun 14, 2016 to “Buy”, Firm has raised the Price Target to $ 37 from a previous price target of $32 .
Halyard Health Inc closed down -0.23 points or -0.68% at $33.84 with 4,80,919 shares getting traded on Tusday. Post opening the session at $34.17, the shares hit an intraday low of $33.54 and an intraday high of $34.47 and the price fluctuated in this range throughout the day.Shares ended Tusday 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.