Hill & Smith (LON:HILS) Reaches New 1-Year High on Insider Buying Activity

Shares of Hill & Smith PLC (LON:HILS) reached a new 52-week high during trading on Friday following insider buying activity. The company traded as high as GBX 2,835 and last traded at GBX 2,805, with a volume of 52420 shares traded. The stock had previously closed at GBX 2,775.

Specifically, insider Nick Anderson purchased 3,750 shares of the stock in a transaction on Thursday, June 4th. The shares were bought at an average price of GBX 2,747 per share, for a total transaction of £103,012.50.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Jefferies Financial Group upgraded Hill & Smith to a “buy” rating and increased their price target for the company from GBX 2,760 to GBX 3,250 in a report on Thursday, May 28th. Berenberg Bank reiterated a “buy” rating and set a GBX 2,750 price target on shares of Hill & Smith in a report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft increased their price target 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. Finally, Shore Capital Group reiterated a “hold” rating on shares of Hill & Smith in a report on Wednesday, March 11th. 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 MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,976.67.

Hill & Smith Stock Performance

The stock has a market capitalization of £2.20 billion, a P/E ratio of 27.51 and a beta of 1.29. The firm has a 50-day moving average of GBX 2,467.60 and a 200 day moving average of GBX 2,319. 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 issued its quarterly earnings data on Wednesday, March 11th. The company reported GBX 132.20 earnings per share (EPS) for the quarter. Hill & Smith had a return on equity of 17.34% and a net margin of 9.50%. 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.