Hilton Food Group (LON:HFG) Sets New 12-Month High - What's Next?

Key Points

• Hilton Food Group shares hit a new 52-week high of GBX 738 and were last trading near GBX 737.63, up 2.0% from the prior close.
• Analyst sentiment is cautiously positive: Deutsche Bank raised its price target to GBX 850 and Berenberg to GBX 810, while the consensus rating is “Moderate Buy.”
• Insiders recently bought shares totaling nearly £179,000, while the company reported quarterly EPS of GBX 25.70; however, its net margin remained low at 0.47% and debt-to-equity was elevated at 157.02.

Shares of Hilton Food Group plc (LON:HFG - Get Free Report) reached a new 52-week high during mid-day trading on Monday. The stock traded as high as GBX 738 and last traded at GBX 737.63, with a volume of 121,593 shares. The stock had previously closed at GBX 719.50.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Hilton Food Group from GBX 815 to GBX 850 and gave the company a "buy" rating in a research note on Friday, September 4th. Shore Capital Group restated a "house stock" rating on shares of Hilton Food Group in a research note on Thursday, September 3rd. Finally, Berenberg Bank increased their price target on Hilton Food Group from GBX 790 to GBX 810 and gave the stock a "buy" rating in a research report on Monday, September 7th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 717.50.

Hilton Food Group Trading Up 2.0%

The company has a debt-to-equity ratio of 157.02, a quick ratio of 0.88 and a current ratio of 1.28. The stock has a market cap of £660.28 million, a price-to-earnings ratio of 12.88, a price-to-earnings-growth ratio of 17.31 and a beta of 0.75. The company's 50 day simple moving average is GBX 690.34 and its two-hundred day simple moving average is GBX 570.09.

Hilton Food Group (LON:HFG - Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The company reported GBX 25.70 earnings per share for the quarter. Hilton Food Group had a net margin of 0.47% and a return on equity of 5.91%. Research analysts expect that Hilton Food Group plc will post 62.33 EPS for the current fiscal year.

Insider Buying and Selling at Hilton Food Group

In related news, insider Matt Osborne purchased 12,008 shares of the stock in a transaction on Friday, September 11th. The shares were purchased at an average cost of GBX 666 per share, for a total transaction of £79,973.28. Also, insider Mark Allen bought 14,500 shares of the stock in a transaction dated Tuesday, September 15th. The stock was purchased at an average cost of GBX 682 per share, for a total transaction of £98,890. 4.41% of the stock is owned by insiders.

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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