Is Haleon plc ADR [HLN] a good investment? Don’t be fooled by its recent momentum

The price of Haleon plc ADR (NYSE:HLN) shares last traded on Wall Street fell -2.80% to $7.99.

Based on available information, 15 analysts follow Haleon plc ADR (NYSE:HLN). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $10.50 and a low of $6.84, we find $8.87. Given the previous closing price of $8.22, this indicates a potential upside of 7.91 percent. HLN stock price is now -2.95% away from the 50-day moving average and -3.66% away from the 200-day moving average. The market capitalization of the company currently stands at $36.89B.

Among analysts, 6 rate the stock a hold while 6 rate it a buy. Brokers who have rated the stock have averaged $8.70 as their price target over the next twelve months.

A total of 0.00% 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 ADR shares was purchased by TWO SIGMA INVESTMENTS, LP during the first quarter worth $1,917,000. HOLOCENE ADVISORS, LP invested $1,646,000 in shares of HLN during the first quarter. In the first quarter, TROLUCE CAPITAL ADVISORS LLC acquired a new stake in Haleon plc ADR valued at approximately $983,000. EXODUSPOINT CAPITAL MANAGEMENT, LP acquired a new stake in HLN for approximately $976,000. SUSQUEHANNA INTERNATIONAL SECURITIES, LTD. purchased a new stake in HLN valued at around $965,000 in the second quarter. In total, there are 637 active investors with 8.26% ownership of the company’s stock.

A candlestick chart of Haleon plc ADR (NYSE: HLN) showed a price of $8.16 on Thursday morning. During the past 12 months, Haleon plc ADR has had a low of $6.00 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 0.84, and a quick ratio of 0.54. The fifty day moving average price for HLN is $8.23 and a two-hundred day moving average price translates $8.29 for the stock.

The latest earnings results from Haleon plc ADR (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 $0.14 dividend and a 1.70% percent yield. There was an ex-dividend date of 08/24/2023 for this dividend. In terms of dividend payout ratio, HLN is presently at 21.12%.

Haleon plc ADR(HLN) Company Profile

Haleon plc, together with its subsidiaries, engages in the research, development, manufacture, and sale of various consumer healthcare products in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company provides oral health, pain relief, respiratory health, digestive health, and other products, as well as vitamins, minerals, and supplements. Its portfolio of brands includes Advil, Sensodyne, Panadol, Voltaren, Theraflu, Otrivin, Polident, parodontax, and Centrum. The company was formerly known as DRVW 2022 plc and changed its name to Haleon plc in February 2022. Haleon plc was incorporated in 2021 and is headquartered in Weybridge, the United Kingdom.

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