Hilton Food Group (LON:HFG) Stock Price Down 17.4% - What's Next?

Key Points

• Hilton Food Group's stock price fell by 17.4%, with shares trading as low as GBX 659 ($8.83) on Wednesday, significantly below its previous close of GBX 822 ($11.01).
• The company has an average rating of "Moderate Buy" from analysts, with a consensus target price of GBX 1,091.67, despite recent stock performance.
• Financial metrics indicate a high debt-to-equity ratio of 148.82 and a PE ratio of 1,568.13, raising concerns about the company's financial stability.

Hilton Food Group plc (LON:HFG - Get Free Report)'s stock price was down 17.4% on Wednesday . The stock traded as low as GBX 659 ($8.83) and last traded at GBX 679 ($9.09). Approximately 3,561,642 shares changed hands during trading, an increase of 1,035% from the average daily volume of 313,876 shares. The stock had previously closed at GBX 822 ($11.01).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated 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 an average rating of "Moderate Buy" and a consensus target price of GBX 1,091.67.

Hilton Food Group Stock Down 17.4%

The company has a debt-to-equity ratio of 148.82, a quick ratio of 0.88 and a current ratio of 1.11. The stock has a market capitalization of £610.45 million, a PE ratio of 1,568.13, a PEG ratio of 17.31 and a beta of 0.57. The business has a 50 day moving average of GBX 849.42 and a two-hundred day moving average of GBX 859.36.

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%. Analysts predict 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.