Buy, Sell Or Hold Haleon plc ADR (NYSE:HLN) At $8.38?

In last trading session, Haleon plc ADR (NYSE:HLN) saw 8.75 million shares changing hands with its beta currently measuring 0.28. Company’s recent per share price level of $8.38 trading at $0.05 or 0.60% at ring of the bell on the day assigns it a market valuation of $38.69B. That closing price of HLN’s stock is at a discount of -8.0% from its 52-week high price of $9.05 and is indicating a premium of 8.11% from its 52-week low price of $7.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 12.48 million shares which gives us an average trading volume of 5.28 million if we extend that period to 3-months.

Haleon plc ADR (NYSE:HLN) trade information

Upright in the green during last session for gaining 0.60%, in the last five days HLN remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $8.38 price level, adding 1.3% to its value on the day. Haleon plc ADR’s shares saw a change of 1.82% in year-to-date performance and have moved 0.84% in past 5-day. Haleon plc ADR (NYSE:HLN) showed a performance of 0.48% in past 30-days. Number of shares sold short was 16.06 million shares which calculate 4.17 days to cover the short interests.

Haleon plc ADR (HLN) estimates and forecasts

Statistics highlight that Haleon plc ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 0.84% of value to its shares in past 6 months, showing an annual growth rate of 67.86% while that of industry is 18.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 1.70% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $3.74 billion for the same. And 1 analysts are in estimates of company making revenue of $3.57 billion in the next quarter that will end on Jun 2024. Company posted $3.82 billion and $3.52 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -2.10% while estimating it to be 1.30% for the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 11.68% during past 5 years.

HLN Dividends

Haleon plc ADR is more likely to be releasing its next quarterly report in April and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Haleon plc ADR (NYSE:HLN)’s Major holders

Insiders are in possession of 6.41% of company’s total shares while institution are holding 8.64 percent of that, with stock having share float percentage of 9.23%. Investors also watch the number of corporate investors in a company very closely, which is 8.64% institutions for Haleon plc ADR that are currently holding shares of the company. Dodge & Cox Inc is the top institutional holder at HLN for having 110.66 million shares of worth $927.36 million. And as of Dec 30, 2023, it was holding 2.40% of the company’s outstanding shares.

The second largest institutional holder is FMR, LLC, which was holding about 63.9 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 1.38% of outstanding shares, having a total worth of $535.46 million.

On the other hand, Dodge & Cox Stock Fund and Fidelity Series Large Cap Stock Fund are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 77.13 million shares of worth $646.31 million or 1.67% of the total outstanding shares. The later fund manager was in possession of 11.53 million shares on Jan 30, 2024, making its stake of worth around $96.58 million in the company or a holder of 0.25% of company’s stock.