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

Hill & Smith PLC (LON:HILS)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 2,975 and last traded at GBX 2,970, with a volume of 1996577 shares changing hands. The stock had previously closed at GBX 2,935.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group upgraded Hill & Smith to a “buy” rating and upped their target price for the company from GBX 2,760 to GBX 3,250 in a research note on Thursday, May 28th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Hill & Smith currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,976.67.

Hill & Smith Price Performance

The company’s 50-day moving average is GBX 2,772.22 and its 200-day moving average is GBX 2,458.15. 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 capitalization of £2.34 billion, a price-to-earnings ratio of 29.48 and a beta of 1.29.

Insider Buying and Selling

In other Hill & Smith news, insider Chris McLeish sold 2,682 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of GBX 2,760, for a total transaction of £74,023.20. Also, insider Nick Anderson purchased 3,750 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was bought at an average price of GBX 2,747 per share, for a total transaction of £103,012.50. Company insiders own 1.99% of the company’s stock.

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.