Hill & Smith (LON:HILS) Sets New 1-Year High – Still a Buy?

Hill & Smith PLC (LON:HILS) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 2,785 and last traded at GBX 2,760, with a volume of 101534 shares changing hands. The stock had previously closed at GBX 2,760.

Analyst Ratings Changes

HILS has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Hill & Smith from GBX 2,625 to GBX 2,930 and gave the company a “buy” rating in a report on Thursday, March 12th. Shore Capital Group reissued a “hold” rating on shares of Hill & Smith in a report on Wednesday, March 11th. Berenberg Bank reissued a “buy” rating and issued a GBX 2,750 price objective on shares of Hill & Smith in a report on Thursday, March 12th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 2,760 price objective on shares of Hill & Smith in a report on Wednesday, April 22nd. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Hill & Smith has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,813.33.

Hill & Smith Price Performance

The company has a market cap of £2.18 billion, a price-to-earnings ratio of 27.25 and a beta of 1.29. The company has a quick ratio of 0.92, a current ratio of 1.85 and a debt-to-equity ratio of 25.52. The stock’s 50-day simple moving average is GBX 2,376.83 and its 200 day simple moving average is GBX 2,288.66.

Hill & Smith (LON:HILS) last issued its quarterly earnings results on Wednesday, March 11th. The company reported GBX 132.20 earnings per share (EPS) for the quarter. Hill & Smith had a net margin of 9.50% and a return on equity of 17.34%. On average, equities research analysts anticipate 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.