Halma (LON:HLMA) Announces Quarterly Earnings Results

Halma (LON:HLMA) posted its quarterly earnings data on Friday. The company reported GBX 55.32 EPS for the quarter, Digital Look Earnings reports. Halma had a net margin of 13.21% and a return on equity of 15.87%.

Halma Stock Performance

LON:HLMA opened at GBX 3,698 on Friday. The firm’s fifty day simple moving average is GBX 3,550.91 and its 200-day simple moving average is GBX 3,412.32. The company has a quick ratio of 1.51, a current ratio of 2.45 and a debt-to-equity ratio of 45.83. The stock has a market cap of £13.97 billion, a PE ratio of 40.44, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53. Halma has a fifty-two week low of GBX 2,316 and a fifty-two week high of GBX 3,764.

Analyst Ratings Changes

HLMA has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised their price target on Halma from GBX 3,690 to GBX 3,700 and gave the stock a “hold” rating in a report on Friday, November 28th. JPMorgan Chase & Co. boosted their target price on Halma from GBX 3,500 to GBX 3,900 and gave the company a “neutral” rating in a report on Thursday, December 4th. Shore Capital reaffirmed a “hold” rating on shares of Halma in a report on Friday, September 26th. Peel Hunt reiterated a “buy” rating and issued a GBX 3,750 price objective on shares of Halma in a research report on Thursday, November 20th. Finally, Citigroup upped their price objective on shares of Halma from GBX 3,150 to GBX 3,700 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Four 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 company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,702.50.

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.