Halma (LON:HLMA) Sets New 1-Year High - What's Next?

Key Points

• Halma's shares hit a new 52-week high at GBX 4,205 (last traded GBX 4,199) on Monday, with about 6,543,617 shares changing hands, up from a prior close of GBX 4,155.82.
• Analysts are split — four Buy and four Hold — giving a consensus rating of Moderate Buy and a consensus target of GBX 3,737.50; Deutsche Bank raised its target to GBX 3,980 but still rates the stock "Hold", both targets below the recent share price.
• Key fundamentals: market cap £15.93 billion, P/E 46.12, 50-day/200-day moving averages of GBX 3,848/3,648, and recent quarterly EPS of GBX 55.32 with a net margin of 14.63%.

Halma plc (LON:HLMA - Get Free Report)'s stock price hit a new 52-week high on Monday . The stock traded as high as GBX 4,205 and last traded at GBX 4,199, with a volume of 6543617 shares changing hands. The stock had previously closed at GBX 4,155.82.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft raised their price target on Halma from GBX 3,800 to GBX 3,980 and gave the company a "hold" rating in a report on Friday, January 16th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 3,737.50.

Halma Price Performance

The firm's 50-day moving average is GBX 3,848.31 and its 200-day moving average is GBX 3,648.38. The company has a debt-to-equity ratio of 43.44, a current ratio of 2.18 and a quick ratio of 1.51. The company has a market capitalization of £15.93 billion, a P/E ratio of 46.12, a price-to-earnings-growth ratio of 2.93 and a beta of 0.92.

Halma (LON:HLMA - Get Free Report) last announced its earnings results on Friday, January 16th. The company reported GBX 55.32 earnings per share (EPS) for the quarter. Halma had a net margin of 14.63% and a return on equity of 13.73%. Analysts predict that Halma plc will post 90.5626134 EPS for the current fiscal year.

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.

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