Halma plc (LON:HLMA) Receives Consensus Rating of “Moderate Buy” from Brokerages

Halma plc (LON:HLMA) has received a consensus rating of “Moderate Buy” from the ten ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is £4,809.30.

Several brokerages have issued reports on HLMA. Berenberg Bank reissued a “buy” rating and set a GBX 4,200 target price on shares of Halma in a research note on Thursday, July 16th. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 3,050 target price on shares of Halma in a research report on Thursday, June 11th. Shore Capital Group reissued a “hold” rating on shares of Halma in a research note on Monday, April 13th. UBS Group restated a “buy” rating and set a £47,750 price objective on shares of Halma in a research report on Friday, June 5th. Finally, Citigroup upped their target price on Halma from GBX 3,700 to GBX 4,600 and gave the company a “buy” rating in a report on Friday, June 12th.

Insider Buying and Selling at Halma

In other news, insider Sharmila Nebhrajani bought 248 shares of the stock in a transaction on Monday, June 15th. The shares were purchased at an average price of GBX 4,063 per share, for a total transaction of £10,076.24. Also, insider Jennifer Ward sold 13,145 shares of the stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of GBX 3,645, for a total transaction of £479,135.25. Insiders have sold 75,188 shares of company stock worth $291,007,831 over the last 90 days. 0.83% of the stock is currently owned by corporate insiders.

Halma Stock Performance

Halma stock opened at GBX 3,670 on Tuesday. The firm’s 50 day simple moving average is GBX 3,990.28 and its 200-day simple moving average is GBX 4,004.28. The company has a market cap of £13.86 billion, a P/E ratio of 37.38, a price-to-earnings-growth ratio of 2.93 and a beta of 0.98. The company has a debt-to-equity ratio of 42.13, a current ratio of 2.14 and a quick ratio of 1.51. Halma has a fifty-two week low of GBX 3,194 and a fifty-two week high of GBX 4,902.

Halma (LON:HLMA) last issued its quarterly earnings results on Thursday, June 11th. The company reported GBX 114.05 EPS for the quarter. Halma had a net margin of 14.42% and a return on equity of 17.92%. The business had revenue of GBX 258.23 billion during the quarter. As a group, equities research analysts predict that Halma will post 90.5626134 EPS for the current year.

About Halma

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

– Safety – Protecting people’s safety and the environment as populations grow, and enhancing worker safety.
– Environment – Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
– Health – Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

Halma employs over 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.