Halma plc (LON:HLMA) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Halma plc (LON:HLMA) have been given a consensus recommendation of “Hold” by the nine analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is £6,002.95.

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

Insiders Place Their Bets

In other Halma news, insider Marc Ronchetti sold 49,664 shares of Halma stock in a transaction that occurred on Friday, June 26th. The stock was 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 Halma stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average price of GBX 4,063 per share, with a total value of £10,076.24. Insiders have sold a total of 122,188 shares of company stock valued at $470,218,831 over the last quarter. Company insiders own 0.83% of the company’s stock.

Halma Stock Down 1.1%

Halma stock opened at GBX 3,632 on Friday. Halma has a 1-year low of GBX 3,194 and a 1-year high of GBX 4,902. The company has a debt-to-equity ratio of 42.13, a current ratio of 2.14 and a quick ratio of 1.51. The stock has a market cap of £13.72 billion, a PE ratio of 37.00, a P/E/G ratio of 2.93 and a beta of 0.97. The stock’s fifty day moving average is GBX 3,697.49 and its two-hundred day moving average is GBX 4,008.34.

Halma (LON:HLMA) last released its quarterly earnings data 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 during the quarter. On average, sell-side analysts expect 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.