Haleon plc ADR (NYSE: HLN): Rose 2.48% In 2024, Outlook Stable

The trading price of Haleon plc ADR (NYSE:HLN) closed lower on Tuesday, April 02, closing at $8.28, -0.72% lower than its previous close.

The company’s P/E ratio in the trailing 12-month period was 29.48. In examining the 52-week price action we see that the stock hit a 52-week high of $9.05 and a 52-week low of $7.70. Over the past month, the stock has lost -2.01% in value.

Haleon plc ADR, whose market valuation is $37.81 billion at the time of this writing. The dividend yield on the company stock is 1.81%, while its Forward Dividend ratio is 0.15. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0.11 per share this quarter, however they have predicted annual earnings per share of $0.46 for 2024 and $0.51 for 2025. It means analysts are expecting annual earnings per share growth of 4.50% this year and 10.90% next year.

Analysts have forecast the company to bring in revenue of $3.72 billion for the current quarter, with the likely lows of $3.72 billion and highs of $3.72 billion. The average estimate suggests sales will likely down by -1.50% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2024 is $14.58 billion. The company’s revenue is forecast to grow by 2.10% over what it did in 2024.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Haleon plc ADR No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest HLN has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 25% Buy, while an average of long term indicators suggests that the stock is currently 25% Sell.

A quick review shows that HLN’s price is currently -1.52% off the SMA20 and -0.52% off the SMA50. The RSI metric on the 14-day chart is currently showing 46.67, and weekly volatility stands at 1.52%. When measured over the past 30 days, the indicator reaches 1.72%. Haleon plc ADR (NYSE:HLN)’s beta value is currently sitting at 0.30, while the Average True Range indicator is currently displaying 0.17.

To see how Haleon plc ADR stock has been performing in comparison to its peers in the industry, here are the numbers: HLN stock’s performance was -0.72% in the latest trading, and 2.48% in the past year. Haleon plc ADR has a P/E ratio of 29.48.

An evaluation of the daily trading volume of Haleon plc ADR (NYSE:HLN) indicates that the 3-month average is 5.56 million. However, this figure has increased over the past 10 days to an average of 12.33 million.

Currently, records show that 4.62 billion of the company’s shares remain outstanding. The insiders hold 0.00% of outstanding shares, whereas institutions hold 8.62%. The stats also highlight that short interest as of Mar 15, 2024, stood at 20.81 million shares, resulting in a short ratio of 4.7 at that time. From this, we can conclude that short interest is 0.45% of the company’s total outstanding shares. It is noteworthy that short shares in March were up slightly from the previous month’s figure, which was 16.06 million. However, since the stock’s price has seen 0.61% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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