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

Key Points

• Hill & Smith shares reached a new 52-week high of GBX 3,330 and last traded at GBX 3,240, up from the previous close of GBX 3,140.
• Analysts remain broadly positive, with three Buy ratings and one Hold rating; the stock has a “Moderate Buy” consensus and an average price target of GBX 3,241.67.
• Company insiders recently purchased shares, including 1,352 shares bought by Anthony Quinlan and 4,120 by Nick Anderson, while corporate insiders own 1.99% of the stock.

Hill & Smith PLC (LON:HILS - Get Free Report)'s stock price reached a new 52-week high on Friday. The company traded as high as GBX 3,330 and last traded at GBX 3,240, with a volume of 750248 shares changing hands. The stock had previously closed at GBX 3,140.

Analysts Set New Price Targets

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

Hill & Smith Stock Performance

The company has a quick ratio of 0.92, a current ratio of 2.04 and a debt-to-equity ratio of 41.04. The stock has a market cap of £2.53 billion, a price-to-earnings ratio of 26.86 and a beta of 1.29. The company has a 50 day simple moving average of GBX 2,959.66 and a 200 day simple moving average of GBX 2,691.27.

Insider Buying and Selling

In related news, insider Anthony (Tony) James Quinlan bought 1,352 shares of the firm's stock in a transaction on 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 purchased 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, with a total value of £120,386.40. 1.99% of the stock is owned by corporate 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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