Hilton Food Group (LON:HFG) Hits New 1-Year Low - What's Next?

Key Points

• Hilton Food Group's stock hit a new 52-week low of GBX 659 ($8.86), closing at GBX 679 ($9.13) after previously being at GBX 822 ($11.05).
• Despite the recent decline, analysts maintain a consensus rating of "Moderate Buy" with an average price target of GBX 1,091.67.
• For the last quarter, Hilton Food Group reported earnings per share of GBX 26.50 and has a market capitalization of £618.28 million.

Hilton Food Group plc (LON:HFG - Get Free Report)'s stock price reached a new 52-week low on Thursday . The stock traded as low as GBX 659 ($8.86) and last traded at GBX 679 ($9.13), with a volume of 3561642 shares trading hands. The stock had previously closed at GBX 822 ($11.05).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "house stock" rating on shares of Hilton Food Group in a report on Wednesday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of GBX 1,091.67.

Hilton Food Group Stock Up 1.3%

The stock has a market capitalization of £618.28 million, a price-to-earnings ratio of 1,588.22, a PEG ratio of 17.31 and a beta of 0.57. The firm's fifty day moving average is GBX 846.20 and its 200-day moving average is GBX 858.11. The company has a debt-to-equity ratio of 148.82, a current ratio of 1.11 and a quick ratio of 0.88.

Hilton Food Group (LON:HFG - Get Free Report) last posted 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 earnings per share for the current year.

About Hilton Food Group

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.

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