Hilton Food Group (LON:HFG) Shares Pass Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Technical breakout: Hilton Food Group shares crossed above their 200‑day moving average, trading at GBX 538.62 versus the 200‑day MA of GBX 529.06 on Friday, suggesting a potential bullish signal.
• Berenberg upgrade vs. consensus: Berenberg Bank raised its price target to GBX 790 and gave a "buy" rating, although analyst consensus remains an average "Hold" with a mean target of GBX 666.67.
• Valuation and insider activity: The stock trades at a low P/E of 6.17 after reporting GBX 52.70 EPS for the quarter, and an insider purchased 3,761 shares at GBX 529 (insiders own 4.37%).

Hilton Food Group plc (LON:HFG - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 529.06 and traded as high as GBX 542.37. Hilton Food Group shares last traded at GBX 538.62, with a volume of 124,602 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank increased their price target on Hilton Food Group from GBX 740 to GBX 790 and gave the stock a "buy" rating in a research report on Wednesday, April 1st. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of GBX 666.67.

Hilton Food Group Trading Up 0.0%

The business's 50 day moving average price is GBX 516.74 and its two-hundred day moving average price is GBX 529.06. The company has a current ratio of 1.10, a quick ratio of 0.88 and a debt-to-equity ratio of 129.90. The company has a market capitalization of £484.52 million, a price-to-earnings ratio of 6.17, a P/E/G ratio of 17.31 and a beta of 0.76.

Hilton Food Group (LON:HFG - Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported GBX 52.70 earnings per share (EPS) for the quarter. The business had revenue of GBX 421.46 billion during the quarter. Hilton Food Group had a net margin of 1.14% and a return on equity of 14.17%. On average, equities analysts predict that Hilton Food Group plc will post 62.3340321 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Bindi Foyle  purchased 3,761 shares of the stock in a transaction dated Wednesday, April 15th. The stock was bought at an average cost of GBX 529 per share, for a total transaction of £19,895.69. Company insiders own 4.37% of the company's stock.

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. We also offer a range of supply chain service expertise and solutions through our investment in innovative, leading technology such as Foods Connected, Agito Group and Cellular Agriculture Ltd. We are a business of over 7,000 employees, operating from 24 technologically advanced food processing, packing and logistics facilities across 19 markets in Europe, Asia Pacific and North America.

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