Halma (OTCMKTS:HLMAF) Receives Average Recommendation of "Moderate Buy" from 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 given an average recommendation of "Moderate Buy" by the eight research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a strong buy recommendation to the company.

Several equities analysts have weighed in on HLMAF shares. Kepler Capital Markets upgraded Halma to a "strong-buy" rating in a report on Thursday, June 19th. Jefferies Financial Group restated an "underperform" rating on shares of Halma in a report on Thursday, June 12th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Halma in a report on Monday, June 23rd.

Halma Stock Performance

OTCMKTS:HLMAF opened at $42.92 on Tuesday. The company has a current ratio of 2.44, a quick ratio of 1.78 and a debt-to-equity ratio of 0.37. Halma has a 12-month low of $29.83 and a 12-month high of $45.54. The stock has a 50-day moving average price of $42.56 and a 200 day moving average price of $38.16.

Halma Cuts Dividend

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

About Halma

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.