In recent trading session, Hill-Rom Holdings, Inc. (NYSE:HRC) saw 1,035,701 shares changing hands with its beta currently measuring 0.73. Company’s recent per share price level of $99.29 trading at -$16.39 or -14.17% at recent trade assigns it a market valuation of $6.59 Billion. That current trading price of HRC’s stock is at a discount of -18.52% from its 52-week high price of $117.68 and is indicating a premium of 27.19% from its 52-week low price of $72.29. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 521.7 Million shares which gives us an average trading volume of 643.66 Million if we extend that period to 3-months.
For Hill-Rom Holdings, Inc. (HRC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.7. Splitting up the data highlights that, out of 8 analysts covering the stock, none rated the stock as a Sell while 1 recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 7 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $1.46 in the current quarter.
Hill-Rom Holdings, Inc. (NYSE:HRC) trade information
In the face of being in the red today for losing -14.17%, in the last five days HRC remained trading in the green while hitting it’s week-highest on Monday, Jul 27 when the stock touched $117.68 price level, adding 15.57% to its value on the day. Hill-Rom Holdings, Inc.’s shares saw a change of -12.48% in year-to-date performance and have moved -14.52% in past 5-day. Hill-Rom Holdings, Inc. (NYSE:HRC) showed a performance of -9.49% in past 30-days. Number of shares sold short was 1.87 Million shares which calculate 0 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $124.88 to the stock, which implies a rise of 25.77% to its current value. Analysts have been projecting $115 as a low price target for the stock while placing it at a high target of $140. It follows that stock’s current price would jump +41% in reaching the projected high whereas dropping to the targeted low would mean a loss of 15.82% for stock’s current value.
Hill-Rom Holdings, Inc. (HRC) estimates and forecasts
Statistics highlight that Hill-Rom Holdings, Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added +6.4% of value to its shares in past 6 months, showing an annual growth rate of 7.09% while that of industry is 1.9. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 18.7% in the current quarter and calculating -1.2% decline in the next quarter. This year revenue growth is estimated to rise 1.6% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $749.39 Million for the same. And 6 analysts are in estimates of company making revenue of $791.62 Million in the next quarter that will end in September 01, 2020.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 16.6% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -16.8% while estimates for its earnings growth in next 5 years are of 13.83%
Hill-Rom Holdings, Inc. is more likely to be releasing its next quarterly report between July 31 and July 31, 2020, and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.76%, the share has a forward dividend of 0.88 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 0.97%.
Hill-Rom Holdings, Inc. (NYSE:HRC)’s Major holders
Insiders are in possession of 0.15% of company’s total shares while institution are holding 90.61% percent of that, with stock having share float percentage of 90.75%. Investors also watch the number of corporate investors in a company very closely, which is 548 institutions for Hill-Rom Holdings, Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at HRC for having 7.03 Million shares of worth $707.47 Million. And as of March 30, 2020, it was holding 10.57% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 6.43 Million shares on March 30, 2020. The number of shares represents firm’s hold over 9.67% of outstanding shares, having a total worth of $647.22 Million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Core S&P Midcap ETF are the top two Mutual Funds which own company’s shares. As of March 30, 2020, the former fund manager was holding 1959132 shares of worth $197.09 Million or 2.94% of the total outstanding shares. The later fund manager was in possession of 1.83 Million shares on April 29, 2020, making its stake of worth around $205.76 Million in the company or a holder of 2.75% of company’s stock.