Haleon plc (NYSE:HLN) does about 6.84M shares in volume on a normal day but saw 3645072 shares change hands in Monday trading. The company now has a market cap of 35.10B USD. Its current market price is $7.88, marking a decrease of -1.75% compared to the previous close of $8.02. The 52 week high reached by this stock is $8.50 whilst the lowest price level in 52 weeks is $5.59. The script in recent trading has seen the stock touch a high of $7.915 and a low of $7.83.
Haleon plc (HLN) has a 20-day trading average at $7.90 and the current price is -7.29% off the 52-week high compared with 40.97% distance from its 52-week low. The 50-day simple moving average of the closing price is $7.46. If we look at the stock’s price movements over the week, volatility stands at 1.62%, which increases to 1.87% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 53.80 to suggest the stock is neutral.
15 analysts observing the Haleon plc (HLN) stock have set the 12-month price targets for the company’s shares at between $2.50 and $4.00. The consensus objective for the share price is $334.93, suggesting that the stock has a potential upside of 97.65% over the period. The median price target is -131.76% away from the current levels at $3.40.
FactSet Research has provided data showing that 15 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 1 advise that it is a overweight. 8 analysts have rated it as a buy and 5 have advised that investors hold their positions. The consensus recommendation rating is Overweight.
The current price level is -0.15%, 6.06%, and 16.35% away from its SMA20, SMA50, and SMA200 respectively, with the HLN price moving above the 50-day SMA on January 23. Haleon plc (HLN) stock is down -1.38% over the week and 2.60% over the past month. Its price is -1.50% year-to-date.
Its 12-month price target is $3.40. To reach the target analysts have set, the stock logically needs to grow 97.65 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $2.50, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $4.00.
Outstanding shares total 4.62B with insiders holding 6.41% of the shares and institutional holders owning 2.40% of the company’s common stock. The company has a return on investment of 5.40%. The price to earnings ratio (P/E ratio) amounts to 19.60. Price to book ratio is 1.35 and price to sales ratio is 2.87.
According to a U.S. Securities and Exchange Commission filing, Dodge & Cox Stock Fund has added its position in Haleon plc (HLN) to 63,918,341 shares, mirroring a recent increase by 26.02%. Dodge & Cox Stock Fund added 13.2 million shares of Haleon plc common stock bringing its total worth to about $511.35 million at the end of recent close, SEC documents show. Dodge & Cox Balanced Fund raise their holdings by 38.52% in the company over the course of the most recent quarter. It now holds a 0.18% position in Haleon plc thanks to 8.5 million shares amounting to $68.01 million.