Investor Confidence Inclines As Haleon plc ADR (NYSE: HLN) Shares Gain $0.06

In the latest trading session, 6.69 million Haleon plc ADR (NYSE:HLN) shares changed hands as the company’s beta touched 0.26. With the company’s most recent per share price at $10.64 changing hands around $0.06 or 0.57% at last look, the market valuation stands at $48.49B. HLN’s current price is a discount, trading about -1.5% off its 52-week high of $10.80. The share price had its 52-week low at $7.70, which suggests the last value was 27.63% up since then. When we look at Haleon plc ADR’s average trading volume, we note the 10-day average is 5.59 million shares, with the 3-month average coming to 4.17 million.

Analysts gave the Haleon plc ADR (HLN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.12. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended HLN as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Haleon plc ADR’s EPS for the current quarter is expected to be 0.11.

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Haleon plc ADR (NYSE:HLN) trade information

Instantly HLN is in green as seen in intraday trades today. With action -0.19%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 29.28%, with the 5-day performance at -0.19% in the red. However, in the 30-day time frame, Haleon plc ADR (NYSE:HLN) is 4.52% up. Looking at the short shares, we see there were 10.94 million shares sold at short interest cover period of 3.6 days.

The consensus price target for the stock as assigned by Wall Street analysts is 9.15, meaning bulls need a downside of -16.28% from its recent market value. According to analyst projections, HLN’s forecast low is 9.15 with 9.15 as the target high. To hit the forecast high, the stock’s price needs a 14.0% surge from its current level, while the stock would need to tank 14.0% for it to hit the projected low.

Haleon plc ADR (HLN) estimates and forecasts

Data shows that the Haleon plc ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 28.50% over the past 6 months, a 67.86% in annual growth rate that is considerably higher than the industry average of 12.60%. Year-over-year growth is forecast to reach 6.40% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 3.86B. 1 analysts are of the opinion that Haleon plc ADR’s revenue for the current quarter will be 11.42B. The company’s revenue for the corresponding quarters a year ago was 3.56B and 3.51B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.50%. The estimates for the next quarter sales put growth at 224.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 11.68%. The 2024 estimates are for Haleon plc ADR earnings to increase by 7.72%, but the outlook for the next 5-year period is at 0.10% per year.

HLN Dividends

Haleon plc ADR is expected to release its next quarterly earnings report on 2024-Aug-01. The 1.48% annual yield figure for the share gives it an annual dividend of 0.16. It is important to note, however, that the 1.48% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

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

If we look at who the major shareholders are, we find that insiders hold 4.34% of Haleon plc ADR shares while 11.50% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 12.02%. There are 11.50% institutions holding the Haleon plc ADR stock share, with DODGE & COX the top institutional holder. As of 2024-06-30, the company held 3.9186% of the shares, roughly 180.17 million HLN shares worth $1.49 billion.

FMR LLC holds the second largest percentage of outstanding shares, with 2.1565% or 99.15 million shares worth $818.98 million as of 2024-06-30.