Hilton Food Group (LON:HFG) Stock Price Down 17.4% - Should You Sell?

Key Points

• Hilton Food Group's stock price dropped 17.4% to as low as GBX 659 ($8.83) during trading, significantly increasing trading volume to 3,561,642 shares.
• Analysts have a consensus rating of "Moderate Buy" for the stock, with a target price of GBX 1,091.67, despite the recent downturn.
• The company reported earnings of GBX 26.50 per share for the last quarter, with a net margin of 1.22% and a return on equity of 15.15%.

Shares of Hilton Food Group plc (LON:HFG - Get Free Report) traded down 17.4% during trading on Wednesday . The stock traded as low as GBX 659 ($8.93) and last traded at GBX 679 ($9.20). 3,561,642 shares traded hands during trading, an increase of 1,035% from the average session volume of 313,876 shares. The stock had previously closed at GBX 822 ($11.14).

Analyst Ratings Changes

Several analysts recently commented on the stock. Royal Bank Of Canada decreased 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. Shore Capital restated a "house stock" rating on shares of Hilton Food Group in a report on Wednesday, September 3rd. One 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.com, the company has an average rating of "Moderate Buy" and an average target price of GBX 935.

Hilton Food Group Stock Performance

The stock has a market cap of £601.46 million, a P/E ratio of 1,555.81, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57. The firm's 50-day moving average is GBX 838.86 and its two-hundred day moving average is GBX 854.86. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 148.82.

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 net margin of 1.22% and a return on equity of 15.15%. As a group, research analysts expect that Hilton Food Group plc will post 62.3340321 EPS 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.