Halma (LON:HLMA) Sets New 1-Year High – Still a Buy?

Shares of Halma plc (LON:HLMAGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 4,714 and last traded at GBX 4,706, with a volume of 4367708 shares. The stock had previously closed at GBX 4,560.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Shore Capital Group reissued a “hold” rating on shares of Halma in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft increased their price objective on Halma from GBX 3,800 to GBX 3,980 and gave the stock a “hold” rating in a report on Friday, January 16th. Four 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, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 3,737.50.

Check Out Our Latest Report on Halma

Halma Price Performance

The firm has a market capitalization of £17.73 billion, a P/E ratio of 51.33, a price-to-earnings-growth ratio of 2.93 and a beta of 0.96. The business has a fifty day moving average of GBX 4,107.60 and a 200-day moving average of GBX 3,791.43. The company has a debt-to-equity ratio of 43.44, a quick ratio of 1.51 and a current ratio of 2.18.

About Halma

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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.

Further Reading

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