Halma (LON:HLMA) Issues Earnings Results

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

Halma Stock Up 0.8%

LON:HLMA opened at GBX 3,704 on Friday. The firm has a 50-day simple moving average of GBX 3,544.78 and a two-hundred day simple moving average of GBX 3,408.86. The company has a debt-to-equity ratio of 45.83, a quick ratio of 1.51 and a current ratio of 2.45. Halma has a fifty-two week low of GBX 2,316 and a fifty-two week high of GBX 3,764. The firm has a market cap of £13.99 billion, a P/E ratio of 40.50, a P/E/G ratio of 2.93 and a beta of 0.53.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on HLMA shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Halma from GBX 3,690 to GBX 3,700 and gave the company a “hold” rating in a report on Friday, November 28th. Panmure Gordon increased their price target on Halma from GBX 3,820 to GBX 3,880 and gave the company a “buy” rating in a research report on Friday, December 5th. Peel Hunt reissued a “buy” rating and set a GBX 3,750 price objective on shares of Halma in a report on Thursday, November 20th. Citigroup lifted their price target on Halma from GBX 3,150 to GBX 3,700 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. lifted their price objective on Halma from GBX 3,500 to GBX 3,900 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Halma presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,702.50.

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.