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

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

Wall Street Analysts Forecast Growth

HILS has been the topic of several recent research reports. Shore Capital Group reiterated a “hold” rating on shares of Hill & Smith in a research report on Wednesday, March 11th. 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. 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. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of 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. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,813.33.

Hill & Smith Price Performance

The company has a market capitalization of £2.09 billion, a P/E ratio of 26.18 and a beta of 1.29. The business’s 50-day simple moving average is GBX 2,337.76 and its 200 day simple moving average is GBX 2,272.88. 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 released its quarterly earnings results 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, sell-side analysts anticipate 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.