Hill & Smith (LON:HILS) Hits New 1-Year High – Here’s What Happened

Hill & Smith PLC (LON:HILS)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 2,690 and last traded at GBX 2,665, with a volume of 24285 shares trading hands. The stock had previously closed at GBX 2,625.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on HILS shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,760 target price on shares of Hill & Smith in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft upped their target price on Hill & Smith from GBX 2,625 to GBX 2,930 and gave the company a “buy” rating in a report on Thursday, March 12th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,750 target price on shares of Hill & Smith in a report on Thursday, March 12th. Finally, Shore Capital Group reaffirmed a “hold” rating on shares of Hill & Smith in a report on Wednesday, March 11th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Hill & Smith has an average rating of “Moderate Buy” and an average target price of GBX 2,813.33.

Hill & Smith Price Performance

The firm has a market capitalization of £2.17 billion, a P/E ratio of 27.17 and a beta of 1.29. The business has a fifty day moving average of GBX 2,355.53 and a 200-day moving average of GBX 2,279.61. The company has a debt-to-equity ratio of 25.52, a quick ratio of 0.92 and a current ratio of 1.85.

Hill & Smith (LON:HILS) last issued its quarterly earnings data on Wednesday, March 11th. The company reported GBX 132.20 earnings per share (EPS) for the quarter. Hill & Smith had a return on equity of 17.34% and a net margin of 9.50%. On average, sell-side analysts forecast that Hill & Smith PLC will post 129.1287386 EPS for the current fiscal year.

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.