Halma (LON:HLMA) Hits New 52-Week High - Still a Buy?

Key Points

• Halma plc's stock has reached a new 52-week high of GBX 3,344.60 ($44.68) during trading, reflecting a significant increase from its previous close.
• The company reported a net margin of 13.21% and a return on equity of 15.87%, with earnings per share (EPS) of GBX 94.23 ($1.26) for the last quarter.
• Insider transactions included a purchase of 2,000 shares by Hudson La Force at an average of GBX 4,288 ($57.28) and a sale of 36,245 shares by Marc Ronchetti at GBX 3,248 ($43.39).

Halma plc (LON:HLMA - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 3,344.60 ($44.97) and last traded at GBX 3,322 ($44.66), with a volume of 2959736 shares. The stock had previously closed at GBX 3,232 ($43.45).

Halma Trading Down 0.7%

The company has a fifty day simple moving average of GBX 3,167.20 and a 200-day simple moving average of GBX 2,914.26. The company has a current ratio of 2.45, a quick ratio of 1.51 and a debt-to-equity ratio of 45.83. The stock has a market cap of £12.27 billion, a price-to-earnings ratio of 45.58, a P/E/G ratio of 2.93 and a beta of 0.53.

Halma (LON:HLMA - Get Free Report) last posted its quarterly earnings data on Thursday, June 12th. The company reported GBX 94.23 ($1.27) earnings per share (EPS) for the quarter. Halma had a return on equity of 15.87% and a net margin of 13.21%. On average, research analysts forecast that Halma plc will post 90.5626134 earnings per share for the current fiscal year.

Insider Buying and Selling at Halma

In related news, insider Jennifer Ward sold 19,020 shares of the business's stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of GBX 3,248 ($43.67), for a total value of £617,769.60 ($830,558.75). Also, insider Marc Ronchetti sold 36,245 shares of the business's stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of GBX 3,248 ($43.67), for a total value of £1,177,237.60 ($1,582,734.07). Insiders have sold a total of 65,175 shares of company stock valued at $211,232,540 in the last 90 days. 2.20% of the stock is currently owned by corporate insiders.

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 8,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.