Hill & Smith (LON:HILS) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Hill & Smith PLC (LON:HILS) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,272.88 and traded as high as GBX 2,632.50. Hill & Smith shares last traded at GBX 2,625, with a volume of 17,212,318 shares changing hands.

Wall Street Analysts Forecast Growth

HILS has been the topic of a number of research analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,760 target price on shares of Hill & Smith in a report on Wednesday, April 22nd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,750 target price on shares of Hill & Smith in a report on Thursday, March 12th. Shore Capital Group reaffirmed a “hold” rating on shares of Hill & Smith in a report on Wednesday, March 11th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Hill & Smith from GBX 2,625 to GBX 2,930 and gave the company a “buy” rating in a report on Thursday, March 12th. Three 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 company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,813.33.

Hill & Smith Price Performance

The company has a market cap of £2.17 billion, a price-to-earnings ratio of 27.17 and a beta of 1.29. The company has a fifty day moving average price of GBX 2,355.53 and a two-hundred day moving average price of GBX 2,279.61. The company has a current ratio of 1.85, a quick ratio of 0.92 and a debt-to-equity ratio of 25.52.

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