Halma’s (HLMA) “Hold” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their hold rating on shares of Halma (LON:HLMA) in a research note issued to investors on Friday morning, MarketBeat reports. The brokerage currently has a GBX 3,660 price objective on the stock.

Several other analysts have also issued reports on the stock. UBS Group reiterated a “buy” rating and issued a £47,750 target price on shares of Halma in a research report on Friday, June 5th. Berenberg Bank restated a “buy” rating and set a GBX 4,200 price target on shares of Halma in a research report on Thursday, July 16th. Finally, Citigroup upped 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, June 12th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of £6,003.71.

Halma Stock Performance

Shares of LON:HLMA opened at GBX 3,634 on Friday. The business’s 50 day moving average price is GBX 3,635.83 and its 200-day moving average price is GBX 3,995.80. Halma has a 1 year low of GBX 3,251.40 and a 1 year high of GBX 4,902. The firm has a market capitalization of £13.72 billion, a price-to-earnings ratio of 37.02, a price-to-earnings-growth ratio of 2.93 and a beta of 0.97. The company has a debt-to-equity ratio of 42.13, a current ratio of 2.14 and a quick ratio of 1.51.

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

Insider Buying and Selling at Halma

In other Halma news, insider Jennifer Ward sold 13,145 shares of Halma stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of GBX 3,645, for a total transaction of £479,135.25. Also, insider Marc Ronchetti sold 49,664 shares of Halma stock in a transaction 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. Over the last three months, insiders sold 122,188 shares of company stock valued at $470,218,831. 0.82% of the stock is owned by corporate insiders.

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.