Hill & Smith (LON:HILS) Sets New 12-Month High – Still a Buy?

Hill & Smith PLC (LON:HILS) shares reached a new 52-week high on Wednesday . The stock traded as high as GBX 3,035 and last traded at GBX 3,030, with a volume of 127667 shares traded. The stock had previously closed at GBX 3,015.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised shares of Hill & Smith to a “buy” rating and raised their target price for the stock from GBX 2,760 to GBX 3,250 in a report on Thursday, May 28th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,976.67.

Hill & Smith Stock Performance

The company has a debt-to-equity ratio of 25.52, a quick ratio of 0.92 and a current ratio of 1.85. The stock has a 50 day moving average of GBX 2,809.16 and a 200 day moving average of GBX 2,484.77. The stock has a market capitalization of £2.40 billion, a P/E ratio of 30.17 and a beta of 1.29.

Insider Buying and Selling at Hill & Smith

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 business’s stock in a transaction that occurred on Thursday, June 4th. The stock was purchased at an average price of GBX 2,747 per share, for a total transaction of £103,012.50. Insiders own 1.99% of the company’s stock.

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.