Marc Ronchetti Sells 10,131 Shares of Halma (LON:HLMA) Stock

Halma plc (LON:HLMA) insider Marc Ronchetti sold 10,131 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of GBX 3,902, for a total value of £395,311.62.

Marc Ronchetti also recently made the following trade(s):

• On Friday, June 26th, Marc Ronchetti sold 49,664 shares of Halma stock. The shares were sold at an average price of GBX 3,934, for a total value of £1,953,781.76.

Halma Stock Performance

HLMA traded down GBX 1.94 during trading on Monday, reaching GBX 3,894. 5,712,675 shares of the company were exchanged, compared to its average volume of 14,154,623. Halma plc has a 52 week low of GBX 3,136 and a 52 week high of GBX 4,902. The company has a current ratio of 2.14, a quick ratio of 1.51 and a debt-to-equity ratio of 42.13. The firm has a 50 day moving average of GBX 4,413.92 and a 200 day moving average of GBX 3,983.97. The stock has a market cap of £14.71 billion, a P/E ratio of 42.58, a PEG ratio of 2.93 and a beta of 0.97.

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

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on HLMA shares. UBS Group reissued a “buy” rating and set a £47,750 target price 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 research report on Monday, April 13th. Citigroup boosted their target price on shares of Halma from GBX 3,700 to GBX 4,600 and gave the stock a “buy” rating in a report on Friday, June 12th. Finally, Jefferies Financial Group reissued an “underperform” rating and issued a GBX 3,050 price target on shares of Halma in a research report on Thursday, June 11th. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of £4,808.85.

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.