Hilton Food Group (LON:HFG) Reaches New 1-Year Low - Should You Sell?

Key Points

• Hilton Food Group plc shares have reached a new 52-week low, trading at GBX 638 ($8.51) during mid-day, indicating potential challenges for the company.
• Analysts have issued mixed ratings, with Royal Bank of Canada reducing the price target from GBX 1,050 to GBX 750, while Berenberg Bank kept a "buy" rating but adjusted its price objective down slightly to GBX 1,100.
• The company reported a return on equity of 15.15% and a net margin of 1.22%, forecasting earnings per share of approximately 62.33 for the fiscal year.

Hilton Food Group plc (LON:HFG - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 638 ($8.51) and last traded at GBX 652 ($8.70), with a volume of 4604 shares changing hands. The stock had previously closed at GBX 649 ($8.66).

Analyst Ratings Changes

Several equities research analysts recently issued reports on HFG shares. Shore Capital restated a "house stock" rating on shares of Hilton Food Group in a research report on Wednesday, September 3rd. Royal Bank Of Canada cut 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 report on Wednesday, September 3rd. Finally, Berenberg Bank decreased their price objective on 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. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of GBX 925.

Hilton Food Group Stock Up 0.5%

The company has a debt-to-equity ratio of 148.82, a current ratio of 1.11 and a quick ratio of 0.88. The business has a 50 day simple moving average of GBX 783.81 and a 200 day simple moving average of GBX 835.47. The company has a market capitalization of £586.18 million, a price-to-earnings ratio of 1,516.28, 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 data on Wednesday, September 3rd. The company reported GBX 26.50 earnings per share for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. As a group, equities analysts predict that Hilton Food Group plc will post 62.3340321 earnings per share 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.

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