Do investors have a safe investment in Haleon plc (NYSE:HLN)?

The price of Haleon plc (NYSE:HLN) shares last traded on Wall Street fell -0.86% to $8.05.

Based on available information, 16 analysts follow Haleon plc (NYSE:HLN). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $10.40 and a low of $7.10, we find $9.18. Given the previous closing price of $8.12, this indicates a potential upside of 13.05 percent. HLN stock price is now -3.82% away from the 50-day moving average and -1.61% away from the 200-day moving average. The market capitalization of the company currently stands at $36.82B.

Among analysts, 6 rate the stock a hold while 7 rate it a buy. Brokers who have rated the stock have averaged $9.01 as their price target over the next twelve months.

A total of 6.41% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in HLN stock. A new stake in Haleon plc shares was purchased by HEATHBRIDGE CAPITAL MANAGEMENT LTD. during the first quarter worth $10,312,000. TWO SIGMA INVESTMENTS, LP invested $1,931,000 in shares of HLN during the first quarter. In the first quarter, HOLOCENE ADVISORS, LP acquired a new stake in Haleon plc valued at approximately $1,659,000. WCM INVESTMENT MANAGEMENT, LLC acquired a new stake in HLN for approximately $1,174,000. TROLUCE CAPITAL ADVISORS LLC purchased a new stake in HLN valued at around $990,000 in the second quarter. In total, there are 637 active investors with 6.70% ownership of the company’s stock.

A candlestick chart of Haleon plc (NYSE: HLN) showed a price of $8.21 on Tuesday morning. During the past 12 months, Haleon plc has had a low of $5.79 and a high of $9.05. As of last week, the company has a debt-to-equity ratio of 0.60, a current ratio of 0.80, and a quick ratio of 0.50. The fifty day moving average price for HLN is $8.36 and a two-hundred day moving average price translates $8.19 for the stock.

The latest earnings results from Haleon plc (NYSE: HLN) was released for Jun, 2023.

Moreover, the firm recently paid out its quarterly dividend on 10/05/2023. Investors who held shares on 08/25/2023 were paid a $0.0459936 dividend. On an annualized basis, this represents a $0.09 dividend and a 1.14% percent yield. There was an ex-dividend date of 08/24/2023 for this dividend.

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