Hill & Smith (LON:HILS) Hits New 12-Month High – Should You Buy?

Hill & Smith PLC (LON:HILS) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 3,220 and last traded at GBX 3,080, with a volume of 118432 shares. The stock had previously closed at GBX 3,085.

Analyst Ratings Changes

HILS has been the topic of several research reports. Deutsche Bank Aktiengesellschaft upped their price target on Hill & Smith from GBX 2,975 to GBX 3,225 and gave the company a “buy” rating in a research report on Thursday, August 6th. Jefferies Financial Group raised shares of Hill & Smith to a “buy” rating and lifted their price objective for the stock from GBX 2,760 to GBX 3,250 in a report on Thursday, May 28th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Hill & Smith has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,075.

Hill & Smith Price 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 stock has a market capitalization of £2.40 billion, a price-to-earnings ratio of 30.27 and a beta of 1.28. The company has a 50-day simple moving average of GBX 2,885.95 and a two-hundred day simple moving average of GBX 2,549.23.

Insider Activity

In related news, insider Chris McLeish sold 2,682 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of GBX 2,760, for a total value of £74,023.20. Also, insider Nick Anderson acquired 3,750 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was purchased at an average cost of GBX 2,747 per share, for a total transaction of £103,012.50. 2.01% of the stock is currently owned by corporate insiders.

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.