The Hill-Rom Holdings Inc. (HRC) shares are trading at higher $105.60 and the avg recommendation for the stock is Strong Buy. The current analyst price target stands at $124.88.
To add more color to this target, the company’s high over the last year is $117.50 and the low is $72.29. Over the last 52 weeks, HRC is down -10.13% while the S&P 500 is up 1.07%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, HRC reported a profit of $367.5 million. Hill-Rom Holdings Inc. also saw revenues increase to $723.2 million. In addition, HRC has free cash flow of $110.6 million as of 03-2020 The company’s EBITDA came in at $133.0 million which compares well with its peers.
HRC booked profit margins of 5.00%, its Return on Equity (ROE) is 9.20%, and its Return on Assets is 3.20%. All told, it is clear that, HRC needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. HRC has a short ratio of 2.99 and outstanding shares of 66.69M.
HRC has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.93 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 2.18. Hill-Rom Holdings Inc. HRC also noted assets of $4.65 billion at the end of the last quarter. Investors should also keep an eye on sector updates as HRC has historically followed its peers on positive news.
All told, Hill-Rom Holdings Inc. HRC has strung together solid data and demonstrated underlying fundamentals. At its current valuation, HRC represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Hill-Rom Holdings Inc. HRC is now commanding a market cap of 6.78B and a float of 66.47M. HRC is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of HRC stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in HRC, either long or short, and we have not been compensated for this article.