Hill & Smith (LON:HILS) Sets New 52-Week High – Still a Buy?

Shares of Hill & Smith PLC (LON:HILS) hit a new 52-week high on Tuesday . The stock traded as high as GBX 2,580 and last traded at GBX 2,569.79, with a volume of 1071747 shares trading hands. The stock had previously closed at GBX 2,505.20.

Analyst Upgrades and Downgrades

HILS has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft boosted 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. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 2,760 price objective on shares of Hill & Smith in a research report on Wednesday, April 22nd. 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 issued 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. According to data from MarketBeat.com, the stock 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 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 £2.02 billion, a P/E ratio of 25.29 and a beta of 1.21. The business has a fifty day moving average of GBX 2,278.39 and a 200 day moving average of GBX 2,236.78.

Hill & Smith (LON:HILS) last announced its earnings results 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, equities analysts predict that Hill & Smith PLC will post 129.1287386 EPS for the current 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.