Hilton Food Group (LON:HFG) Sets New 52-Week Low - Time to Sell?

Key Points

• Hilton Food Group's stock reached a new 52-week low, trading at GBX 657 ($8.95), down from a previous close of GBX 672 ($9.16).
• Research analysts have revised their price targets for the company, with Berenberg Bank lowering it to GBX 1,100 while Royal Bank of Canada set a target of GBX 750.
• The company reported earnings of GBX 26.50 per share for the latest quarter, with a forecasted average EPS of 62.33 for the current year.

Hilton Food Group plc (LON:HFG - Get Free Report)'s share price reached a new 52-week low on Thursday . The company traded as low as GBX 657 ($8.85) and last traded at GBX 659.38 ($8.88), with a volume of 122761 shares. The stock had previously closed at GBX 672 ($9.05).

Analysts Set New Price Targets

Several equities research analysts have weighed in on HFG shares. Royal Bank Of Canada dropped their price target on shares of Hilton Food Group from GBX 1,050 to GBX 750 and set a "sector perform" rating for the company in a research report on Wednesday, September 3rd. Berenberg Bank lowered their price target on shares of Hilton Food Group from GBX 1,120 to GBX 1,100 and set a "buy" rating on the stock in a report on Wednesday, September 10th. Finally, Shore Capital reaffirmed a "house stock" rating on shares of Hilton Food Group in a research note on Wednesday, September 3rd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of GBX 925.

Hilton Food Group Stock Down 0.6%

The company has a debt-to-equity ratio of 148.82, a quick ratio of 0.88 and a current ratio of 1.11. The business's 50 day moving average is GBX 799.97 and its 200-day moving average is GBX 840.71. The stock has a market cap of £583.48 million, a price-to-earnings ratio of 1,509.30, a PEG ratio of 17.31 and a beta of 0.57.

Hilton Food Group (LON:HFG - Get Free Report) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported GBX 26.50 earnings per share (EPS) for the quarter. Hilton Food Group had a net margin of 1.22% and a return on equity of 15.15%. On average, sell-side analysts predict that Hilton Food Group plc will post 62.3340321 EPS for the current fiscal year.

Hilton Food Group Company Profile

Hilton Food Group plc is a leading international food and supply chain services partner. We partner with leading retailers, brands and food service partners across the world. We offer a unique multi-category proposition of outstanding protein products including meat, seafood, vegan and vegetarian, and easier meals.