Hill & Smith (LON:HILS) Reaches New 12-Month High – Here’s Why

Shares of Hill & Smith PLC (LON:HILS) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 2,480 and last traded at GBX 2,470, with a volume of 155278 shares trading hands. The stock had previously closed at GBX 2,410.

Analysts Set New Price Targets

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

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 company’s 50-day moving average price is GBX 2,265.81 and its two-hundred day moving average price is GBX 2,225.21. The company has a market capitalization of £1.95 billion, a price-to-earnings ratio of 24.31 and a beta of 1.21.

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 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.

Hill & Smith Company Profile

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.