Hilton Food Group (LON:HFG) Reaches New 12-Month Low - Should You 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.

Shares of Hilton Food Group plc (LON:HFG - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock 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).

Wall Street Analyst Weigh In

HFG has been the topic of a number of research analyst reports. Shore Capital reiterated a "house stock" rating on shares of Hilton Food Group in a report on Wednesday, September 3rd. Berenberg Bank dropped their price target on Hilton Food Group from GBX 1,120 to GBX 1,100 and set a "buy" rating on the stock in a research report on Wednesday, September 10th. Finally, Royal Bank Of Canada cut their target price on 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. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Hilton Food Group presently has an average rating of "Moderate Buy" and an average target price of GBX 925.

Hilton Food Group Price Performance

The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 148.82. The firm has a market capitalization of £587.08 million, a price-to-earnings ratio of 1,518.60, a P/E/G ratio of 17.31 and a beta of 0.57. The stock's 50 day moving average price is GBX 799.97 and its two-hundred day moving average price is GBX 840.75.

Hilton Food Group (LON:HFG - Get Free Report) last released 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%. Analysts anticipate 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.