Shares of Halyard Health, Inc. (NYSE:HYH) have received a consensus recommendation of “Buy” from the seven analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $42.25.

Several equities research analysts recently commented on the stock. BidaskClub raised shares of Halyard Health from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Deutsche Bank AG lifted their target price on shares of Halyard Health from $35.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, August 3rd. Stephens raised shares of Halyard Health from an “equal weight” rating to an “overweight” rating in a research note on Thursday, August 3rd. TheStreet raised shares of Halyard Health from a “c” rating to a “b” rating in a research note on Thursday, June 22nd. Finally, Zacks Investment Research raised shares of Halyard Health from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research note on Wednesday, July 12th.

Halyard Health (NYSE:HYH) traded up 0.13% during trading on Wednesday, reaching $45.37. 239,961 shares of the company’s stock traded hands. The company has a 50-day moving average price of $42.10 and a 200 day moving average price of $39.31. The firm has a market capitalization of $2.12 billion, a PE ratio of 43.62 and a beta of 1.76. Halyard Health has a one year low of $31.59 and a one year high of $45.61.

Halyard Health (NYSE:HYH) last issued its quarterly earnings results on Wednesday, August 2nd. The medical instruments supplier reported $0.51 EPS for the quarter, topping the consensus estimate of $0.37 by $0.14. The company had revenue of $399.20 million during the quarter, compared to analyst estimates of $399.16 million. Halyard Health had a net margin of 3.06% and a return on equity of 8.29%. The firm’s revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.45 EPS. On average, analysts anticipate that Halyard Health will post $1.98 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Koch Industries Inc. acquired a new stake in Halyard Health during the 2nd quarter worth $297,000. Sterling Capital Management LLC acquired a new stake in Halyard Health during the 2nd quarter worth $631,000. Raymond James Financial Services Advisors Inc. acquired a new stake in Halyard Health during the 2nd quarter worth $217,000. The Manufacturers Life Insurance Company boosted its stake in Halyard Health by 0.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 102,917 shares of the medical instruments supplier’s stock worth $4,042,000 after purchasing an additional 575 shares during the last quarter. Finally, State Street Corp boosted its stake in Halyard Health by 7.5% during the 2nd quarter. State Street Corp now owns 1,702,423 shares of the medical instruments supplier’s stock worth $66,872,000 after purchasing an additional 119,154 shares during the last quarter. 91.02% of the stock is currently owned by institutional investors.

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Halyard Health Company Profile

Halyard Health, Inc is a medical technology company. The Company operates through two segments: Medical Devices and Surgical and Infection Prevention (S&IP). The Medical Devices segment provides a portfolio of product offerings focused on pain management, respiratory and digestive health. The S&IP segment provides healthcare supplies and solutions that target the prevention of healthcare-associated infections.

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