Why Hill-Rom Holdings Inc (NYSE:HRC) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $65.25 on Hill-Rom Holdings Inc (NYSE:HRC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.33 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Hill-Rom Holdings Inc (NYSE:HRC) stands at 61.76.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Hill-Rom Holdings Inc Common St, the PEG ratio for coming 3-5 years is 1.20.

Technical Analysis

The technical analysis highlights that Hill-Rom Holdings Inc Common St current is trading $4.16 points away or +7.46% from its 50-day moving average of $55.81. Further it is trading $8.89 or +17.40% away its 200-day moving average of $51.08.

The 52-week high of Hill-Rom Holdings Inc (NYSE:HRC) was $60.00 while lowest point recorded in 52-week was $42.99. It implies if stock price makes a movement of over $-0.03, it will record a new 52-week high. In the case of +39.50% drop, it will touch a new 52-week low.

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