Halma (LON:HLMA) Releases Earnings Results

Halma (LON:HLMA) posted its quarterly earnings results on Friday. The company reported GBX 55.32 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 Price Performance

HLMA stock opened at GBX 3,698 on Friday. The company has a debt-to-equity ratio of 45.83, a current ratio of 2.45 and a quick ratio of 1.51. The firm has a market capitalization of £13.97 billion, a P/E ratio of 40.44, a P/E/G ratio of 2.93 and a beta of 0.53. The business’s 50-day moving average is GBX 3,550.91 and its two-hundred day moving average is GBX 3,413.75. Halma has a 1 year low of GBX 2,316 and a 1 year high of GBX 3,764.

Wall Street Analysts Forecast Growth

HLMA has been the subject of several recent analyst reports. Peel Hunt restated a “buy” rating and set a GBX 3,750 price objective on shares of Halma in a research report on Thursday, November 20th. JPMorgan Chase & Co. raised their price target on shares of Halma from GBX 3,500 to GBX 3,900 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Shore Capital reaffirmed a “hold” rating on shares of Halma in a research report on Friday, September 26th. Citigroup increased their price objective on Halma from GBX 3,150 to GBX 3,700 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Halma from GBX 3,690 to GBX 3,700 and gave the stock a “hold” rating in a research note on Friday, November 28th. Four 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, Halma currently has an average rating of “Moderate Buy” and a consensus target price 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.