Hill & Smith (LON:HILS) Sets New 1-Year High on Analyst Upgrade

Key Points

• Hill & Smith PLC reached a new 52-week high at GBX 2,255 ($30.62) during trading, closing at GBX 2,170 ($29.47).
• Analysts issued mixed reports, with Shore Capital maintaining a "hold" rating while Berenberg Bank set a target price of GBX 2,500 ($33.95) and reaffirmed a "buy" rating.
• The company reported an earnings per share (EPS) of GBX 63.90 ($0.87) for the last quarter, with an expected EPS of 129.13 for the current year.

Hill & Smith PLC (LON:HILS - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday after Deutsche Bank Aktiengesellschaft raised their price target on the stock from GBX 2,555 to GBX 2,625. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Hill & Smith traded as high as GBX 2,255 ($30.56) and last traded at GBX 2,170 ($29.41), with a volume of 608990 shares trading hands. The stock had previously closed at GBX 1,968 ($26.67).

Other research analysts have also recently issued research reports about the stock. Berenberg Bank reissued a "buy" rating and issued a GBX 2,500 ($33.88) target price on shares of Hill & Smith in a report on Tuesday, July 8th. Shore Capital reissued a "hold" rating on shares of Hill & Smith in a research report on Wednesday.

Hill & Smith Trading Up 0.5%

The business has a fifty day moving average of GBX 1,882.97 and a 200-day moving average of GBX 1,852.26. The company has a debt-to-equity ratio of 34.30, a quick ratio of 0.92 and a current ratio of 2.20. The company has a market capitalization of £1.75 billion, a P/E ratio of 22.81 and a beta of 1.31.

Hill & Smith (LON:HILS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The company reported GBX 63.90 ($0.87) earnings per share for the quarter. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%. Analysts anticipate that Hill & Smith PLC will post 129.1287386 earnings per share for the current fiscal year.

Hill & Smith Company Profile

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.