Hill & Smith’s (HILS) Buy Rating Reiterated at Shore Capital

Shore Capital reiterated their buy rating on shares of Hill & Smith (LON:HILS) in a report released on Thursday, Marketbeat Ratings reports.

Separately, Berenberg Bank reiterated a buy rating and set a GBX 2,350 ($31.04) price objective on shares of Hill & Smith in a report on Thursday, August 8th.

Hill & Smith Stock Performance

HILS stock opened at GBX 2,035 ($26.88) on Thursday. Hill & Smith has a 1-year low of GBX 1,574 ($20.79) and a 1-year high of GBX 2,330 ($30.78). The company has a current ratio of 2.19, a quick ratio of 0.92 and a debt-to-equity ratio of 34.30. The firm has a market cap of £1.63 billion, a PE ratio of 2,164.89 and a beta of 1.31. The business’s 50-day moving average price is GBX 2,112.69 and its two-hundred day moving average price is GBX 2,006.77.

Hill & Smith Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, January 7th. Investors of record on Thursday, November 28th will be issued a dividend of GBX 16.50 ($0.22) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 0.77%. Hill & Smith’s payout ratio is presently 4,787.23%.

About Hill & Smith

Hill & Smith PLC manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally. It operates through three segments: Roads & Security, Engineered Solutions, and Galvanizing Services. The Roads & Security segment supplies products and services to support road and highway infrastructure, including temporary and permanent road safety barriers; renewable energy lighting and power solutions; intelligent traffic solutions; street lighting columns; and bridge parapets, as well as offers security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.