Halma (LON:HLMA) Releases Quarterly Earnings Results

Halma (LON:HLMA) posted its quarterly earnings results on Thursday. The company reported GBX 94.23 ($1.28) EPS for the quarter, Digital Look Earnings reports. Halma had a net margin of 13.21% and a return on equity of 15.87%.

Halma Stock Up 4.2%

HLMA stock opened at GBX 3,148 ($42.67) on Thursday. The company’s 50 day simple moving average is GBX 2,792.92 and its 200-day simple moving average is GBX 2,778.12. The firm has a market capitalization of £11.86 billion, a PE ratio of 44.04, a P/E/G ratio of 2.93 and a beta of 0.53. Halma has a 12 month low of GBX 2,316 ($31.39) and a 12 month high of GBX 3,342 ($45.30). The company has a debt-to-equity ratio of 45.83, a current ratio of 2.45 and a quick ratio of 1.51.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “hold” rating on shares of Halma in a research note on Thursday, March 13th.

Insider Activity

In other Halma news, insider Steve Gunning acquired 267 shares of the firm’s stock in a transaction dated Thursday, March 27th. The shares were acquired at an average price of GBX 2,619 ($35.50) per share, for a total transaction of £6,992.73 ($9,479.10). Company insiders own 2.20% of the company’s stock.

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.