Halma (LON:HLMA) Announces 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 return on equity of 15.87% and a net margin of 13.21%.

Halma Trading Up 4.5%

Shares of LON:HLMA opened at GBX 3,156.38 ($42.79) on Thursday. Halma has a 12-month low of GBX 2,316 ($31.39) and a 12-month high of GBX 3,342 ($45.30). The stock has a market cap of £11.89 billion, a PE ratio of 44.16, a P/E/G ratio of 2.93 and a beta of 0.53. The business has a 50 day moving average of GBX 2,792.92 and a 200-day moving average of GBX 2,778.12. The company has a quick ratio of 1.51, a current ratio of 2.45 and a debt-to-equity ratio of 45.83.

Insider Transactions at Halma

In related news, insider Steve Gunning purchased 267 shares of the business’s stock in a transaction that occurred on Thursday, March 27th. The stock was acquired at an average cost of GBX 2,619 ($35.50) per share, for a total transaction of £6,992.73 ($9,479.10). Corporate insiders own 2.20% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Halma Company Profile

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.