Hill & Smith (LON:HILS) Sets New 52-Week High – Here’s Why

Hill & Smith PLC (LON:HILSGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 2,785 and last traded at GBX 2,760, with a volume of 101534 shares traded. The stock had previously closed at GBX 2,760.

Analysts Set New Price Targets

Several research firms have recently issued reports on HILS. Shore Capital Group reissued a “hold” rating on shares of Hill & Smith in a research note on Wednesday, March 11th. Berenberg Bank reissued a “buy” rating and issued a GBX 2,750 price target on shares of Hill & Smith in a research note on Thursday, March 12th. Jefferies Financial Group raised Hill & Smith to a “buy” rating and increased their price target for the stock from GBX 2,760 to GBX 3,250 in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Hill & Smith from GBX 2,625 to GBX 2,930 and gave the stock a “buy” rating in a research note on Thursday, March 12th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,976.67.

Read Our Latest Stock Report on HILS

Hill & Smith Stock Performance

The company has a debt-to-equity ratio of 25.52, a current ratio of 1.85 and a quick ratio of 0.92. The firm has a market cap of £2.17 billion, a price-to-earnings ratio of 27.17 and a beta of 1.29. The company has a fifty day moving average price of GBX 2,403.64 and a two-hundred day moving average price of GBX 2,298.13.

Hill & Smith (LON:HILSGet Free Report) last announced its quarterly earnings data on Wednesday, March 11th. The company reported GBX 132.20 earnings per share for the quarter. Hill & Smith had a return on equity of 17.34% and a net margin of 9.50%. As a group, equities research analysts expect that Hill & Smith PLC will post 129.1287386 EPS for the current year.

Insider Activity at Hill & Smith

In other news, insider Chris McLeish sold 2,682 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of GBX 2,760, for a total transaction of £74,023.20. 1.99% of the stock is currently owned by corporate insiders.

Hill & Smith Company Profile

(Get Free Report)

Our purpose is to create sustainable infrastructure and safe transport through innovation.

Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value.

Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.

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