Hill & Smith (LON:HILS) Hits New 12-Month High – Should You Buy?

Shares of Hill & Smith PLC (LON:HILS) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 3,220 and last traded at GBX 3,080, with a volume of 118432 shares. The stock had previously closed at GBX 3,085.

Analyst Upgrades and Downgrades

HILS has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft raised their target price on Hill & Smith from GBX 2,975 to GBX 3,225 and gave the company a “buy” rating in a research report on Thursday, August 6th. Jefferies Financial Group upgraded Hill & Smith to a “buy” rating and boosted their price target for the stock from GBX 2,760 to GBX 3,250 in a research report on Thursday, May 28th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 3,075.

Hill & Smith Stock Performance

The firm’s fifty day simple moving average is GBX 2,885.95 and its 200 day simple moving average is GBX 2,549.23. The company has a market capitalization of £2.40 billion, a price-to-earnings ratio of 30.27 and a beta of 1.28. The company has a debt-to-equity ratio of 25.52, a current ratio of 1.85 and a quick ratio of 0.92.

Insider Activity at Hill & Smith

In related news, insider Chris McLeish sold 2,682 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of GBX 2,760, for a total value of £74,023.20. Also, insider Nick Anderson acquired 3,750 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was purchased at an average cost of GBX 2,747 per share, with a total value of £103,012.50. 2.01% of the stock is currently 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.