Hill & Smith (LON:HILS) Hits New 52-Week High – Time to Buy?

Hill & Smith PLC (LON:HILS) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 2,456.54 and last traded at GBX 2,455, with a volume of 26512 shares trading hands. The stock had previously closed at GBX 2,425.

Wall Street Analysts Forecast Growth

HILS has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on Hill & Smith from GBX 2,625 to GBX 2,930 and gave the company a “buy” rating in a research report on Thursday, March 12th. Shore Capital Group reaffirmed a “hold” rating on shares of Hill & Smith in a research report on Wednesday, March 11th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,750 price objective on shares of Hill & Smith in a research report on Thursday, March 12th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,760 price objective on shares of Hill & Smith in a research report on Wednesday. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Hill & Smith presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,813.33.

Hill & Smith Stock Down 1.2%

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 company has a market cap of £1.91 billion, a P/E ratio of 23.92 and a beta of 1.21. The company has a fifty day moving average of GBX 2,262.05 and a 200 day moving average of GBX 2,220.14.

Hill & Smith (LON:HILS) last issued its quarterly earnings data on Wednesday, March 11th. The company reported GBX 132.20 EPS for the quarter. Hill & Smith had a return on equity of 17.34% and a net margin of 9.50%. On average, research analysts anticipate that Hill & Smith PLC will post 129.1287386 earnings per share 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.