Haleon plc ADR (NYSE:HLN) shares, rose in value on Friday, April 05, with the stock price up by 0.49% to the previous day’s close as strong demand from buyers drove the stock to $8.27.
Actively observing the price movement in the recent trading, the stock is buoying the session at $8.23. The PE ratio was 29.44 over 12-month period. Referring to stock’s 52-week performance, its high was $9.05, and the low was $7.70. On the whole, HLN has fluctuated by -0.72% over the past month.
The company’s Forward Dividend Ratio is 0.15, with its dividend yield at 1.82%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.11, which is expected to increase to $0.09 for fiscal year $0.46 and then to about $0.51 by fiscal year 2025. Data indicates that the EPS growth is expected to be 4.50% in 2025, while the next year’s EPS growth is forecast to be 10.90%.
Analysts have estimated the company’s revenue for the quarter at $3.73 billion, with a low estimate of $3.73 billion and a high estimate of $3.73 billion. According to the average forecast, sales growth in current quarter could jump down -1.20%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $14.61 billion, representing an increase of 2.10% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that HLN’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 25% Buy while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of HLN currently trading nearly -1.51% and -0.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.74, while the 7-day volatility ratio is showing 1.54% which for the 30-day chart, stands at 1.77%. Furthermore, Haleon plc ADR (HLN)’s beta value is 0.31, and its average true range (ATR) is 0.15.
A comparison of Haleon plc ADR (HLN) with its peers suggests the former has fared considerably weaker in the market. HLN showed an intraday change of 0.49% in today’s session so far, and over the past year, it shrunk by -2.59%%.
Data on historical trading for Haleon plc ADR (NYSE:HLN) indicates that the trading volumes over the past 10 days have averaged 6.81 million and over the past 3 months, they’ve averaged 5.67 million. According to company’s latest data on outstanding shares, there are 4.62 billion shares outstanding.
Nearly 0.00% of Haleon plc ADR’s shares belong to company insiders and institutional investors own 8.62% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 20.81 million shares as on Mar 15, 2024, resulting in a short ratio of 4.7. According to the data, the short interest in Haleon plc ADR (HLN) stood at 0.45% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 16.06 million. The stock has risen by 0.49% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HLN stock heading into the next quarter.
