Hill & Smith (LON:HILS) Stock Passes Above Two Hundred Day Moving Average - Here's Why

Key Points

• Hill & Smith PLC's stock price recently surpassed its 200-day moving average, reaching GBX 2,170 ($29.37) during trading, indicating potential upward momentum.
• Analysts have differing opinions on Hill & Smith, with two rating the stock as a "Buy" and one as a "Hold," and an average price target of GBX 2,637.50.
• The company reported earnings per share of GBX 63.90 for the last quarter, projecting a total EPS of approximately 129.13 for the current year.

Hill & Smith PLC (LON:HILS - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,872.50 ($25.40) and traded as high as GBX 2,170 ($29.44). Hill & Smith shares last traded at GBX 2,165 ($29.37), with a volume of 89,283 shares.

Analysts Set New Price Targets

Several research analysts have issued reports on HILS shares. 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 report on Wednesday, August 13th. Shore Capital reissued a "hold" rating on shares of Hill & Smith in a research note on Wednesday, August 13th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 2,650 price target on shares of Hill & Smith in a research note on Monday, September 8th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Hill & Smith has an average rating of "Moderate Buy" and an average target price of GBX 2,637.50.

Hill & Smith Trading Down 0.9%

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 business has a 50 day moving average of GBX 2,043.31 and a 200-day moving average of GBX 1,878.04. The stock has a market cap of £1.69 billion, a PE ratio of 2,122.74 and a beta of 1.31.

Hill & Smith (LON:HILS - Get Free Report) last posted its earnings results on Wednesday, August 13th. The company reported GBX 63.90 earnings per share (EPS) for the quarter. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%. On average, 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.