Hilton Food Group (LON:HFG) Issues Quarterly Earnings Results

Key Points

• Hilton Food Group reported earnings of GBX 26.50 per share for the latest quarter, with a net margin of 1.22% and a return on equity of 15.15%.
• The company has a market capitalization of £618.55 million, a high debt-to-equity ratio of 148.82, and the consensus target price for its stock is GBX 1,091.67.
• Analyst ratings show a consensus of "Moderate Buy" for Hilton Food Group, with two analysts recommending a Buy and one giving a Hold rating.

Hilton Food Group (LON:HFG - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported GBX 26.50 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%.

Hilton Food Group Stock Performance

HFG stock traded up GBX 15 on Friday, reaching GBX 690. The company's stock had a trading volume of 27,727,219 shares, compared to its average volume of 477,766. The company has a market capitalization of £620.34 million, a P/E ratio of 1,604.65, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57. 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 has a 52 week low of GBX 659 and a 52 week high of GBX 969. The firm has a fifty day moving average of GBX 838.86 and a two-hundred day moving average of GBX 855.07.

Analyst Ratings Changes

A number of research analysts recently weighed in on HFG shares. Royal Bank Of Canada reduced their target price on Hilton Food Group from GBX 1,050 to GBX 750 and set a "sector perform" rating on the stock in a report on Wednesday. Shore Capital reissued a "house stock" rating on shares of Hilton Food Group in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 935.

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.