As of Thursday close, Haleon plc’s (NYSE:HLN) stock was up $0.05, moving up 0.60 percent to $8.37. The average number of shares traded per day over the past five days has been 3,438,480 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.32 fall in that time frame. In the last twenty days, the average volume was 4,427,395, while in the previous 50 days, it was 3,257,030.
Since last month, HLN stock rose 1.82%. Shares of the company fell to $7.94 on 07/07/23, the lowest level in the past month. A 52-week high of $9.05 was reached on 04/20/23 after having rallying from a 52-week low of $5.59. Since the beginning of this year, HLN’s stock price has risen by 4.62% or $0.37, and marked a new high 13 times. However, the stock has declined by -7.51% since its 52-week high.
Valuation Metrics
Right now, Haleon plc (HLN) has a P/E ratio of about 27.35. The stock’s beta is 0.28. Besides these, the trailing price-to-sales (P/S) ratio of 2.63, the price-to-book (PB) ratio of 2.37.
The latest dividend of $0.0460 per share was paid out, which is -20.28% less than last year’s $0.0577. On Wednesday August 2 2023, a $0.0117 dividend decrease was announced.
Financial Health
In the recent quarter, Haleon plc’s quick ratio stood at 0.60, while its current ratio was 0.90, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.61, and the total debt-to-equity ratio was 0.64. On the profitability front, the trailing twelve-month gross margin is 60.80% percent. In the recent year, EBITDA margin amounted to 25.05%, whereas operating margins totaled 64.70%. Based on annual data, HLN earned $8.14 billion in gross profit and brought in $13.43 billion in revenue.
Technical Picture
This quick technical analysis looks at Haleon plc’s (HLN) price momentum. With a historical volatility rate of 29.40%, the RSI 9-day stood at 42.09% on 03 August.
With respect to its five-day moving average, the current Haleon plc price is down by -3.68% percent or -$0.32. At present, HLN shares trade +4.49% above its 20-day simple moving average and +8.98% percent above its 100-day simple moving average. However, the stock is currently trading approximately -2.11% below its SMA50 and +38.58% above its SMA200.
Stochastic coefficient K was 20.77% and Stochastic coefficient D was 45.75%, while ATR was 0.18. Given the Stochastic reading of 14.49% for the 14-day period, the RSI (14) reading has been calculated as 46.13%. As of today, the MACD Oscillator reading stands at -0.25, while the 14-day reading stands at -0.23.
Analyst Ratings
Stifel launched its rating on Haleon plc (NYSE: HLN) to a Hold in a note to investors on May 24, 2023. Haleon plc (HLN) has been rated Overweight by analysts. According to 2 brokerage firms, HLN is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Haleon plc stock as buy, with 8 recommending it as overweight.
With a median target price of $9.17, the current consensus forecast for the stock is $7.10 – $10.40. Based on these forecasts, analysts predict Haleon plc (HLN) will achieve an average price target of $9.04.
