Hilton Food Group plc (LON:HFG – Get Free Report) was down 10.8% during mid-day trading on Thursday . The stock traded as low as GBX 447.89 and last traded at GBX 458.72. Approximately 26,305,262 shares traded hands during trading, an increase of 1,460% from the average daily volume of 1,685,976 shares. The stock had previously closed at GBX 514.
Hilton Food Group News Roundup
Here are the key news stories impacting Hilton Food Group this week:
- Positive Sentiment: Valuation may attract value investors: HFG’s trailing P/E of ~10.7 implies a relatively low earnings multiple versus some peers, which could draw buyers if investors view the sell-off as overdone.
- Neutral Sentiment: Volume spike and volatility: Today’s volume (26.3m vs avg ~1.7m) is an order of magnitude higher than normal — this magnifies price moves but doesn’t on its own indicate whether fundamentals changed or whether it’s technical/liquidity-driven.
- Neutral Sentiment: Short-term technicals: Price is below the 50-day (GBX ~500.5) and well under the 200-day (GBX ~643.2). That suggests momentum is weak and technical-driven selling may be contributing to declines.
- Negative Sentiment: Balance sheet/leverage concerns: Debt-to-equity of ~148.8% is high for a food-packaging/processing group; higher leverage can increase investor sensitivity to margin pressure and cash-flow risks.
- Negative Sentiment: Liquidity metrics are modest: Current ratio ~1.11 and quick ratio ~0.88 indicate limited short-term cushion, which can exacerbate investor concern if earnings or cash flow outlooks weaken.
- Negative Sentiment: Proximity to 12-month low: Trading near the 12-month low (GBX ~447.9) vs a high of GBX ~920 signals a sustained downtrend year-to-date that can trigger stop-losses and further pressure.
Analyst Ratings Changes
Several equities research analysts have weighed in on HFG shares. Royal Bank Of Canada reduced their price objective on Hilton Food Group from GBX 750 to GBX 540 and set a “sector perform” rating on the stock in a research note on Wednesday, November 12th. Peel Hunt reissued a “hold” rating and set a GBX 670 target price on shares of Hilton Food Group in a research report on Tuesday, November 25th. Berenberg Bank lowered their price target on Hilton Food Group from GBX 1,090 to GBX 790 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Finally, Shore Capital reaffirmed a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, November 25th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 666.67.
Hilton Food Group Trading Down 10.8%
The company has a debt-to-equity ratio of 148.82, a quick ratio of 0.88 and a current ratio of 1.11. The company has a market capitalization of £412.65 million, a P/E ratio of 10.67, a PEG ratio of 17.31 and a beta of 0.57. The company’s fifty day simple moving average is GBX 500.54 and its 200-day simple moving average is GBX 643.17.
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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