Hilton Food Group (LON:HFG) Trading Down 0.6% – Should You Sell?

Shares of Hilton Food Group plc (LON:HFG) dropped 0.6% on Tuesday . The stock traded as low as GBX 636 and last traded at GBX 638. Approximately 534,563 shares were traded during mid-day trading, an increase of 15% from the average daily volume of 464,481 shares. The stock had previously closed at GBX 642.

Analyst Ratings Changes

HFG has been the topic of a number of research reports. Shore Capital restated a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday, September 30th. Royal Bank Of Canada decreased their price target on shares of Hilton Food Group from GBX 1,050 to GBX 750 and set a “sector perform” rating for the company in a research note on Wednesday, September 3rd. Finally, Berenberg Bank dropped their price objective on shares of Hilton Food Group from GBX 1,100 to GBX 1,090 and set a “buy” rating on the stock in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 920.

Hilton Food Group Stock Performance

The firm has a market cap of £436.94 million, a price-to-earnings ratio of 11.30, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 148.82. The stock has a fifty day moving average price of GBX 664.19 and a 200-day moving average price of GBX 792.47.

Hilton Food Group (LON:HFG) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported GBX 26.50 earnings per share for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. On average, analysts expect that Hilton Food Group plc will post 62.3340321 earnings per share for the current fiscal year.

Insider Activity at Hilton Food Group

In other news, insider Steve Murrells bought 12,049 shares of Hilton Food Group stock in a transaction dated Tuesday, September 30th. The stock was bought at an average price of GBX 659 per share, for a total transaction of £79,402.91. Company insiders own 4.34% of the company’s stock.

Hilton Food Group Company Profile

Hilton Food Group plc is a leading international food and supply chain services partner. We partner with leading retailers, brands and food service partners across the world.

We offer a unique multi-category proposition of outstanding protein products including meat, seafood, vegan and vegetarian, and easier meals.