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

Halma (LON:HLMA)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Financial Group in a report released on Friday, London Stock Exchange reports. They presently have a GBX 3,660 target price on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 1.16% from the stock’s current price.

HLMA has been the subject of a number of other reports. Berenberg Bank reissued a “buy” rating and set a GBX 4,200 price target on shares of Halma in a research note on Thursday, July 16th. Citigroup increased their target price on Halma from GBX 3,700 to GBX 4,600 and gave the stock a “buy” rating in a research note on Friday, June 12th. Finally, UBS Group reiterated a “buy” rating and set a £47,750 target price on shares of Halma in a research report on Friday, June 5th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of £6,003.71.

Halma Stock Performance

Halma stock opened at GBX 3,618 on Friday. 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 firm has a market capitalization of £13.66 billion, a P/E ratio of 36.85, a price-to-earnings-growth ratio of 2.93 and a beta of 0.97. Halma has a 1-year low of GBX 3,251.40 and a 1-year high of GBX 4,902. The company’s 50-day moving average is GBX 3,643.43 and its 200 day moving average is GBX 3,998.15.

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

Insiders Place Their Bets

In other news, insider Sharmila Nebhrajani purchased 248 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were purchased at an average price of GBX 4,063 per share, for a total transaction of £10,076.24. Also, insider Marc Ronchetti sold 47,000 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of GBX 3,813, for a total transaction of £1,792,110. In the last ninety days, insiders sold 122,188 shares of company stock worth $470,218,831. 0.82% of the stock is currently owned by company insiders.

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.