Hill & Smith (LON:HILS) Stock Passes Above 200-Day Moving Average - What's Next?

Key Points

• The stock price of Hill & Smith PLC (LON:HILS) has surpassed its two hundred day moving average, indicating a potential upward trend, with shares trading at GBX 2,185 ($29.32).
• Several analysts have rated Hill & Smith as a "Moderate Buy," with a consensus price target of GBX 2,562.50 after recent ratings revisions by Berenberg Bank and Deutsche Bank.
• The company reported earnings of GBX 63.90 per share for the last quarter, showing a return on equity of 17.39% and a net margin of 9.23%.

Shares of Hill & Smith PLC (LON:HILS - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,857.41 ($25.07) and traded as high as GBX 2,185 ($29.50). Hill & Smith shares last traded at GBX 2,185 ($29.50), with a volume of 125,848 shares.

Analysts Set New Price Targets

Several research firms have weighed in on HILS. Berenberg Bank reissued a "buy" rating and issued a GBX 2,500 target price on shares of Hill & Smith in a report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft upped their target price on Hill & Smith from GBX 2,555 to GBX 2,625 and gave the company a "buy" rating in a report on Wednesday, August 13th. Finally, Shore Capital reissued a "hold" rating on shares of Hill & Smith in a report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of GBX 2,562.50.

Hill & Smith Price Performance

The company has a debt-to-equity ratio of 34.30, a current ratio of 2.20 and a quick ratio of 0.92. The company has a 50-day moving average price of GBX 1,955.39 and a 200-day moving average price of GBX 1,863.55. The firm has a market capitalization of £1.73 billion, a PE ratio of 22.50 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 earnings per share (EPS) for the quarter. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%. Sell-side analysts forecast 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.