Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Hill & Smith Holdings ( (GB:HILS) ) has issued an update.
Hill & Smith PLC has executed a share buyback transaction, purchasing 12,000 ordinary shares for cancellation as part of its £100 million share buyback program announced earlier this year. This move is part of the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, which could potentially increase earnings per share and strengthen market positioning.
The most recent analyst rating on (GB:HILS) stock is a Buy with a £2582.00 price target. To see the full list of analyst forecasts on Hill & Smith Holdings stock, see the GB:HILS Stock Forecast page.
Spark’s Take on GB:HILS Stock
According to Spark, TipRanks’ AI Analyst, GB:HILS is a Outperform.
Hill & Smith Holdings scores well due to its strong financial performance and positive corporate actions, such as the share buyback program. While technical indicators show bullish momentum, the high P/E ratio suggests potential overvaluation, which slightly tempers the overall score.
To see Spark’s full report on GB:HILS stock, click here.
More about Hill & Smith Holdings
Average Trading Volume: 124,301
Technical Sentiment Signal: Buy
Current Market Cap: £1.73B
Find detailed analytics on HILS stock on TipRanks’ Stock Analysis page.