Hill International Inc. (HIL) Trading Down 3.9%
Hill International Inc. (NYSE:HIL)’s share price dropped 3.9% on Friday . The stock traded as low as $4.16 and last traded at $4.17, with a volume of 112,642 shares trading hands. The stock had previously closed at $4.34.
Separately, Zacks Investment Research raised Hill International from a “sell” rating to a “hold” rating in a research note on Monday, July 18th.
The company has a market cap of $215.65 million and a PE ratio of 27.80. The company has a 50-day moving average of $4.27 and a 200-day moving average of $3.78.
Hill International (NYSE:HIL) last announced its quarterly earnings data on Wednesday, May 11th. The company reported $0.03 EPS for the quarter, missing the Zacks’ consensus estimate of $0.06 by $0.03. The business earned $176.20 million during the quarter, compared to the consensus estimate of $163.47 million. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.02 EPS. On average, equities research analysts predict that Hill International Inc. will post $0.31 earnings per share for the current fiscal year.
In other news, Chairman Irvin E. Richter sold 30,000 shares of the stock in a transaction that occurred on Friday, June 3rd. The stock was sold at an average price of $4.30, for a total value of $129,000.00. Following the completion of the transaction, the chairman now directly owns 4,858,755 shares of the company’s stock, valued at approximately $20,892,646.50. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Crescendo Partners Ii Lp bought 15,844 shares of the company’s stock in a transaction dated Wednesday, May 18th. The stock was bought at an average cost of $3.85 per share, with a total value of $60,999.40. The disclosure for this purchase 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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