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

Hill & Smith PLC (LON:HILS) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 2,690 and last traded at GBX 2,665, with a volume of 24285 shares traded. The stock had previously closed at GBX 2,625.

Wall Street Analysts Forecast Growth

HILS has been the topic of several recent research reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,760 price objective on shares of Hill & Smith in a research note on Wednesday, April 22nd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,750 price objective on shares of Hill & Smith in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Hill & Smith from GBX 2,625 to GBX 2,930 and gave the stock a “buy” rating in a research note on Thursday, March 12th. Finally, Shore Capital Group reissued a “hold” rating on shares of Hill & Smith in a research report on Wednesday, March 11th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Hill & Smith currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,813.33.

Hill & Smith Stock Performance

The firm’s 50-day moving average price is GBX 2,337.76 and its two-hundred day moving average price is GBX 2,272.88. The firm has a market capitalization of £2.09 billion, a PE ratio of 26.18 and a beta of 1.29. The company has a quick ratio of 0.92, a current ratio of 1.85 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 EPS for the quarter. Hill & Smith had a net margin of 9.50% and a return on equity of 17.34%. As a group, research analysts predict 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.