Halma (OTCMKTS:HLMAF) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Halma (OTCMKTS:HLMAF) has received an average recommendation of "Moderate Buy" from eight research firms, with one recommending a sell and three giving a strong buy rating.
• The company is set to pay a special dividend of $0.19 on August 15th, with a significant dividend yield of 71.0% based on stockholders of record from July 11th.
• Halma's stock is currently trading at $42.92, with a 12-month high of $45.54 and a low of $29.83, reflecting stable performance in recent periods.

Halma (OTCMKTS:HLMAF - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the nine analysts that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a strong buy rating to the company.

Several equities research analysts have issued reports on the stock. Jefferies Financial Group reissued an "underperform" rating on shares of Halma in a report on Thursday, June 12th. Kepler Capital Markets raised Halma to a "strong-buy" rating in a report on Thursday, June 19th. The Goldman Sachs Group raised Halma to a "strong-buy" rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Halma in a report on Monday, June 23rd.

Halma Stock Performance

Shares of HLMAF remained flat at $44.84 during mid-day trading on Tuesday. 1,591 shares of the stock traded hands, compared to its average volume of 18,377. The company has a fifty day moving average of $42.83 and a 200-day moving average of $38.31. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.44 and a quick ratio of 1.78. Halma has a 12 month low of $29.83 and a 12 month high of $45.54.

Halma Cuts Dividend

The business also recently disclosed a special dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, July 11th will be paid a dividend of $0.19 per share. The ex-dividend date is Thursday, July 10th. This represents a dividend yield of 71.0%.

Halma Company Profile

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Medical.