Hill International Inc. (HIL) Shares Down 2%
Hill International Inc. (NYSE:HIL) dropped 2% during mid-day trading on Friday . The company traded as low as $4.33 and last traded at $4.35, with a volume of 54,964 shares traded. The stock had previously closed at $4.44.
HIL has been the topic of a number of recent analyst reports. Seaport Global Securities upgraded Hill International from a “speculative buy” rating to a “buy” rating in a research report on Tuesday, March 29th. Zacks Investment Research upgraded Hill International from a “sell” rating to a “hold” rating in a research report on Monday, May 30th.
The firm’s 50 day moving average price is $4.29 and its 200-day moving average price is $3.74. The stock has a market cap of $224.96 million and a price-to-earnings ratio of 29.00.
Hill International (NYSE:HIL) last announced its earnings results on Wednesday, May 11th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by $0.03. The business had revenue of $176.20 million for the quarter, compared to analyst estimates of $163.47 million. The company’s revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 EPS. Analysts forecast that Hill International Inc. will post $0.31 EPS for the current fiscal year.
In related news, insider Crescendo Partners Ii Lp bought 7,500 shares of the firm’s stock in a transaction on Thursday, May 19th. The stock was acquired at an average cost of $3.92 per share, for a total transaction of $29,400.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Irvin E. Richter sold 30,000 shares of the business’s stock in a transaction on Tuesday, May 3rd. The shares were sold at an average price of $4.18, for a total transaction of $125,400.00. Following the sale, the chairman now owns 4,879,316 shares of the company’s stock, valued at $20,395,540.88. The disclosure for this sale can be found here.
Hill International, Inc (Hill) is a professional services firm. The Company provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets. The Company operates in two segments: Project Management Group and Construction Claims Group.
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