Hill & Smith (LON:HILS) Sets New 52-Week Low - Here's Why

Hill & Smith PLC (LON:HILS - Get Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 1,728 ($22.29) and last traded at GBX 1,732 ($22.34), with a volume of 24977 shares. The stock had previously closed at GBX 1,746 ($22.52).

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Shore Capital reiterated a "hold" rating on shares of Hill & Smith in a report on Tuesday, January 7th. Berenberg Bank restated a "buy" rating and issued a GBX 2,500 ($32.25) price objective on shares of Hill & Smith in a report on Monday, March 17th.

Hill & Smith Stock Performance

The company has a market capitalization of £1.26 billion, a PE ratio of 16.35 and a beta of 1.31. The company has a quick ratio of 0.92, a current ratio of 2.20 and a debt-to-equity ratio of 34.30. The business has a 50 day simple moving average of GBX 1,892.07 and a 200 day simple moving average of GBX 1,960.10.

Hill & Smith (LON:HILS - Get Free Report) last posted its quarterly earnings data on Wednesday, March 12th. The company reported GBX 122.60 ($1.58) EPS for the quarter. Hill & Smith had a net margin of 9.23% and a return on equity of 17.39%. Equities research analysts predict that Hill & Smith PLC will post 129.1287386 EPS for the current fiscal year.

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Hill & Smith Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 4th. Shareholders of record on Thursday, May 29th will be issued a GBX 32.50 ($0.42) dividend. The ex-dividend date of this dividend is Thursday, May 29th. This is an increase from Hill & Smith's previous dividend of $16.50. This represents a yield of 1.7%. Hill & Smith's payout ratio is presently 47.30%.

Insider Transactions at Hill & Smith

In related news, insider Alan Giddins purchased 4,225 shares of Hill & Smith stock in a transaction dated Wednesday, March 12th. The shares were acquired at an average price of GBX 1,875 ($24.19) per share, for a total transaction of £79,218.75 ($102,191.37). Also, insider Carol Chesney purchased 1,054 shares of the business's stock in a transaction dated Friday, March 14th. The shares were purchased at an average price of GBX 1,842 ($23.76) per share, with a total value of £19,414.68 ($25,044.74). Corporate insiders own 1.88% of the company's stock.

About Hill & Smith

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.