Hill & Smith (LON:HILS) Stock Price Passes Above 200-Day Moving Average - Should You Sell?

Key Points

• Hill & Smith PLC shares recently crossed above their 200-day moving average of GBX 1,896.22, trading as high as GBX 2,095.
• Analysts show a consensus of Moderate Buy for Hill & Smith, with Berenberg Bank setting a target price of GBX 2,650.
• The company reported earnings of GBX 63.90 per share for the last quarter, anticipating an EPS of 129.13 for the current fiscal year.

Shares of Hill & Smith PLC (LON:HILS - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,896.22 ($25.49) and traded as high as GBX 2,095 ($28.16). Hill & Smith shares last traded at GBX 2,065 ($27.76), with a volume of 81,401 shares traded.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HILS. Berenberg Bank restated a "buy" rating and set a GBX 2,650 target price on shares of Hill & Smith in a research note on Monday, September 8th. Deutsche Bank Aktiengesellschaft boosted their target price 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 restated a "hold" rating on shares of Hill & Smith in a research note on Wednesday, August 13th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of GBX 2,637.50.

Hill & Smith Price Performance

The company has a 50 day moving average price of GBX 2,082.88 and a 200 day moving average price of GBX 1,896.22. The firm has a market cap of £1.66 billion, a PE ratio of 2,077.46 and a beta of 1.31. The company has a debt-to-equity ratio of 34.30, a current ratio of 2.20 and a quick ratio of 0.92.

Hill & Smith (LON:HILS - Get Free Report) last released its earnings results on Wednesday, August 13th. The company reported GBX 63.90 earnings per share for the quarter. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%. Sell-side analysts expect that Hill & Smith PLC will post 129.1287386 EPS for the current fiscal 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.

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