Hill & Smith (LON:HILS) Hits New 1-Year High - Time to Buy?

Key Points

• Hill & Smith reached a new 52-week high, trading as high as GBX 3,345 and last at GBX 3,330, up from its prior close of GBX 3,295.
• Analyst sentiment is positive, with three Buy ratings and one Hold rating. The average price target is GBX 3,241.67, below the current share price, despite recent target increases from Berenberg, Jefferies, and Deutsche Bank.
• Two insiders recently bought shares worth a combined roughly £160,000, while the company has a £2.59 billion market capitalization and operates internationally in infrastructure products and galvanizing services.

Hill & Smith PLC (LON:HILS - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday. The stock traded as high as GBX 3,345 and last traded at GBX 3,330, with a volume of 37980 shares traded. The stock had previously closed at GBX 3,295.

Analyst Ratings Changes

A number of equities analysts have recently commented on HILS shares. Berenberg Bank raised their price target on Hill & Smith from GBX 2,950 to GBX 3,180 and gave the stock a "buy" rating in a report on Monday, August 17th. Jefferies Financial Group reissued a "buy" rating and set a GBX 3,320 price objective on shares of Hill & Smith in a report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Hill & Smith from GBX 2,975 to GBX 3,225 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Three equities research analysts have 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 currently has an average rating of "Moderate Buy" and an average price target of GBX 3,241.67.

Hill & Smith Stock Performance

The company's 50-day moving average is GBX 2,995.20 and its two-hundred day moving average is GBX 2,744.22. The company has a market capitalization of £2.59 billion, a P/E ratio of 27.48 and a beta of 1.29. The company has a quick ratio of 0.92, a current ratio of 2.04 and a debt-to-equity ratio of 41.04.

Insider Buying and Selling

In related news, insider Anthony (Tony) James Quinlan purchased 1,352 shares of the firm's stock in a transaction dated Thursday, August 13th. The shares were purchased at an average price of GBX 2,943 per share, with a total value of £39,789.36. Also, insider Nick Anderson acquired 4,120 shares of the stock in a transaction dated Friday, August 14th. The shares were bought at an average price of GBX 2,922 per share, for a total transaction of £120,386.40. 1.99% of the stock is owned by insiders.

Hill & Smith Company Profile

Our purpose is to create sustainable infrastructure and safe transport through innovation. Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value. Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.

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