Halma plc (LON:HLMA) Given Consensus Rating of “Moderate Buy” by Brokerages

Halma plc (LON:HLMA) has earned a consensus rating of “Moderate Buy” from the ten research firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is £4,808.85.

HLMA has been the topic of several research reports. Citigroup increased their target price on Halma from GBX 3,700 to GBX 4,600 and gave the stock a “buy” rating in a research report on Friday, June 12th. UBS Group restated a “buy” rating and set a £47,750 price target on shares of Halma in a research note on Friday, June 5th. Shore Capital Group restated a “hold” rating on shares of Halma in a report on Monday, April 13th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 3,050 price objective on shares of Halma in a research note on Thursday, June 11th.

Halma Trading Down 2.1%

LON HLMA opened at GBX 3,650 on Friday. The company has a quick ratio of 1.51, a current ratio of 2.14 and a debt-to-equity ratio of 42.13. The stock has a market capitalization of £13.79 billion, a P/E ratio of 37.18, a P/E/G ratio of 2.93 and a beta of 0.98. Halma has a 52-week low of GBX 3,172 and a 52-week high of GBX 4,902. The firm has a 50-day moving average price of GBX 4,337.16 and a 200 day moving average price of GBX 4,002.22.

Halma (LON:HLMA) last released its quarterly earnings data 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 firm had revenue of GBX 258.23 billion during the quarter. Equities research analysts expect that Halma will post 90.5626134 EPS for the current year.

Insider Activity

In other Halma news, insider Marc Ronchetti sold 49,664 shares of the stock in a transaction on 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 purchased 248 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were bought at an average price of GBX 4,063 per share, for a total transaction of £10,076.24. Insiders own 0.83% of the company’s stock.

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.