Hill & Smith (LON:HILS) Issues Quarterly Earnings Results

Key Points

• Hill & Smith reported a quarterly earnings per share (EPS) of GBX 63.90 ($0.87) with a net margin of 9.23% and a return on equity of 17.39%.
• The company's stock price decreased by GBX 10 ($0.14), trading at GBX 2,160 ($29.33), with a market capitalization of £1.74 billion.
• Analysts from Berenberg Bank maintain a "buy" rating with a target price of GBX 2,500 ($33.95), while Shore Capital has restated a "hold" rating on the shares.

Hill & Smith (LON:HILS - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX 63.90 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%.

Hill & Smith Stock Up 0.9%

Shares of HILS traded up GBX 20 during midday trading on Tuesday, hitting GBX 2,130. 113,905 shares of the company's stock traded hands, compared to its average volume of 290,796. Hill & Smith has a 1 year low of GBX 1,463.97 and a 1 year high of GBX 2,255. The firm's fifty day moving average is GBX 1,897.38 and its 200-day moving average is GBX 1,854.07. The company has a current ratio of 2.20, a quick ratio of 0.92 and a debt-to-equity ratio of 34.30. The stock has a market capitalization of £1.72 billion, a price-to-earnings ratio of 22.39 and a beta of 1.31.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HILS. Berenberg Bank reissued a "buy" rating and issued a GBX 2,500 price objective on shares of Hill & Smith in a research note on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft increased their price objective on Hill & Smith from GBX 2,555 to GBX 2,625 and gave the stock a "buy" rating in a research note on Wednesday, August 13th. Finally, Shore Capital reissued a "hold" rating on shares of Hill & Smith in a research note on Wednesday, August 13th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 2,562.50.

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.