The stock of Haleon plc (NYSE:HLN) increased by $0.04 on Tuesday to finish at $8.31, up 0.48 percent. The last five days have seen an average of 3,653,760 shares of common stock traded. 13 times new highs were reached in the current year, with a gain of $0.31. The average number of shares traded over the last 20 days was 3,520,740, while the average volume over the last 50 days totaled 3,740,246.
HLN stock dropped -5.68% since last month. On 08/28/23, the company’s shares reached a one-month low of $8.16. The stock touched a high of $9.05 on 04/20/23, after rallying from a low of $5.59 in 52 weeks. The price of HLN stock has risen by 3.88% or $0.31 this year, reaching a new high 13 times. Still, the stock price is down -8.18% from the 52-week high.
Valuation Metrics
Haleon plc (HLN) has a trailing price-to-earnings (P/E) ratio of 24.81. Beta for the stock is 0.31. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.68, the price-to-book (PB) ratio of 1.85.
Company paid $0.0460 per share in dividends, a decrease of -20.28% from $0.0577 last year. A $0.0117 dividend decrease was reported on Wednesday August 2 2023.
Financial Health
For the recent quarter, Haleon plc’s quick ratio was 0.50, while its current ratio was 0.80, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.53, and the total debt to equity ratio is 0.60. As far as profitability goes, gross margin for the trailing twelve months is 60.80% percent. Haleon plc’s EBITDA margin for the recent year was 25.05%, whereas its operating margin stood at 18.10% for the same period. Based on annual data, it had gross profit of $8.14 billion and revenue of $13.43 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a 4.20% return on investment (ROI) in the past year.
Technical Picture
Here’s a quick look at Haleon plc’s (HLN) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 45.25%, suggesting the stock is Neutral, with a 11.61% historical volatility rate.
The stochastic %K and %D were 18.54% and 16.99% respectively, while the average true range (ATR) was 0.14. Based on the 14-day stochastic reading of 25.00%, the RSI (14) reading is 46.17%. On the 9-day MACD Oscillator, the stock is at 0.00, and the 14-day reading is at -0.11.
Analyst Ratings
In its analyst report released on May 24, 2023, Stifel began covering Haleon plc (NYSE: HLN). The stock was rated as a Hold by the brokerage firm. Analysts have assigned Haleon plc (HLN) an Overweight rating. HLN is a stock that is recommended for selling by 1 brokerage firm, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 7 others recommend it as a buy.
What is HLN’s price target for the next 12 months?
The current consensus forecast for the stock is between $7.11 and $10.40, with a median target price of $9.18. In analyzing these forecasts, the average price target given by analysts for Haleon plc (HLN) is $9.06.
