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

Shares of Halma plc (LON:HLMA) have been given a consensus rating of “Moderate Buy” by the ten analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is £4,808.85.

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

Insider Activity

In other news, insider Sharmila Nebhrajani acquired 248 shares of Halma stock in a transaction dated Monday, June 15th. The stock was bought at an average cost of GBX 4,063 per share, with a total value of £10,076.24. Also, insider Marc Ronchetti sold 49,664 shares of the stock in a transaction dated Friday, June 26th. The stock was sold at an average price of GBX 3,934, for a total value of £1,953,781.76. 0.81% of the stock is owned by corporate insiders.

Halma Stock Performance

Shares of Halma stock opened at GBX 4,002 on Friday. The firm has a fifty day moving average of GBX 4,370.55 and a two-hundred day moving average of GBX 3,994.61. The stock has a market capitalization of £15.12 billion, a price-to-earnings ratio of 43.76, a PEG ratio of 2.93 and a beta of 0.97. Halma has a 52 week low of GBX 3,152 and a 52 week high of GBX 4,902. The company has a debt-to-equity ratio of 42.13, a quick ratio of 1.51 and a current ratio of 2.14.

Halma (LON:HLMA) last posted its quarterly earnings results on Thursday, June 11th. The company reported GBX 114.05 earnings per share for the quarter. Halma had a return on equity of 17.92% and a net margin of 14.42%.The company had revenue of GBX 258.23 billion for 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.