Sharmila Nebhrajani Buys 248 Shares of Halma (LON:HLMA) Stock

Halma plc (LON:HLMA) insider Sharmila Nebhrajani acquired 248 shares of Halma stock in a transaction that occurred on 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.

Halma Price Performance

Halma stock traded up GBX 28 during midday trading on Tuesday, hitting GBX 4,046. The company’s stock had a trading volume of 91,069,094 shares, compared to its average volume of 12,692,507. 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’s 50-day moving average price is GBX 4,434.03 and its 200-day moving average price is GBX 3,962.45. Halma plc has a 12 month low of GBX 3,084 and a 12 month high of GBX 4,902. The company has a market capitalization of £15.28 billion, a PE ratio of 44.24, a price-to-earnings-growth ratio of 2.93 and a beta of 0.97.

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 firm had revenue of GBX 258.23 billion for the quarter. Analysts anticipate that Halma plc will post 90.5626134 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on HLMA. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 3,050 price target on shares of Halma in a research report on Thursday, June 11th. Citigroup boosted their price target on shares of Halma from GBX 3,700 to GBX 4,600 and gave the stock a “buy” rating in a research report on Friday. UBS Group reiterated a “buy” rating and issued a £47,750 price target on shares of Halma in a research report on Friday, June 5th. Finally, Shore Capital Group reiterated a “hold” rating on shares of Halma in a research report on Monday, April 13th. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Halma presently has a consensus rating of “Moderate Buy” and a consensus target price of £4,808.85.

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.