Hill & Smith (LON:HILS) Reaches New 52-Week High – Still a Buy?

Hill & Smith PLC (LON:HILS) reached a new 52-week high during trading on Friday . The company traded as high as GBX 2,845 and last traded at GBX 2,820, with a volume of 149830 shares changing hands. The stock had previously closed at GBX 2,770.

Analysts Set New Price Targets

HILS has been the subject of several recent analyst reports. 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 report on Thursday, March 12th. Jefferies Financial Group upgraded Hill & Smith to a “buy” rating and increased their price target for the stock from GBX 2,760 to GBX 3,250 in a report on Thursday, May 28th. Berenberg Bank restated a “buy” rating and issued a GBX 2,750 price target on shares of Hill & Smith in a report on Thursday, March 12th. Finally, Shore Capital Group restated a “hold” rating on shares of Hill & Smith in a report on Wednesday, March 11th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,976.67.

Hill & Smith Stock Up 1.8%

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 company has a market capitalization of £2.21 billion, a price-to-earnings ratio of 27.76 and a beta of 1.29. The firm has a 50-day moving average price of GBX 2,533.65 and a two-hundred day moving average price of GBX 2,341.66.

Hill & Smith (LON:HILS) last posted 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, sell-side analysts anticipate that Hill & Smith PLC will post 129.1287386 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Chris McLeish sold 2,682 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of GBX 2,760, for a total transaction of £74,023.20. Also, insider Nick Anderson acquired 3,750 shares of Hill & Smith stock in a transaction dated Thursday, June 4th. The shares were purchased at an average cost of GBX 2,747 per share, with a total value of £103,012.50. 2.00% of the stock is owned by corporate insiders.

About Hill & Smith

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.