Halma plc (LON:HLMA) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Halma plc (LON:HLMA) has earned a consensus recommendation of “Moderate Buy” from the ten research firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is £4,808.85.

A number of research analysts have weighed in on the company. Jefferies Financial Group restated an “underperform” rating and issued a GBX 3,050 price target on shares of Halma in a research note on Thursday, June 11th. Citigroup upped their price objective on Halma from GBX 3,700 to GBX 4,600 and gave the stock a “buy” rating in a research note on Friday, June 12th. Shore Capital Group reissued a “hold” rating on shares of Halma in a report on Monday, April 13th. Finally, UBS Group reissued a “buy” rating and issued a £47,750 target price on shares of Halma in a research note on Friday, June 5th.

Insiders Place Their Bets

In other news, insider Marc Ronchetti sold 49,664 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of GBX 3,934, for a total transaction of £1,953,781.76. Also, insider Sharmila Nebhrajani acquired 248 shares of the stock in a transaction dated 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. Company insiders own 0.81% of the company’s stock.

Halma Stock Up 0.8%

Shares of HLMA stock opened at GBX 4,002 on Friday. The firm’s fifty day moving average price is GBX 4,370.55 and its two-hundred day moving average price is GBX 3,994.61. The company has a current ratio of 2.14, a quick ratio of 1.51 and a debt-to-equity ratio of 42.13. Halma has a 1 year low of GBX 3,152 and a 1 year high of GBX 4,902. The firm has a market capitalization of £15.12 billion, a P/E ratio of 43.76, a PEG ratio of 2.93 and a beta of 0.97.

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

Halma Company Profile

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.