Hill International Inc. (HIL) Receives Consensus Recommendation of “Buy” from Analysts
Hill International Inc. (NYSE:HIL) has received an average broker rating score of 1.67 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and two have given a strong buy rating to the company.
Analysts have set a one year consensus price target of $5.00 for the company and are anticipating that the company will post $0.10 EPS for the current quarter, according to Zacks. Zacks has also given Hill International an industry rank of 184 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised shares of Hill International from a “sell” rating to a “hold” rating in a report on Monday, July 18th.
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In other news, insider Crescendo Partners Ii Lp acquired 43,200 shares of the business’s stock in a transaction on Monday, August 15th. The stock was bought at an average price of $4.08 per share, with a total value of $176,256.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Irvin E. Richter sold 7,278 shares of Hill International stock in a transaction on Monday, August 1st. The shares were sold at an average price of $4.16, for a total transaction of $30,276.48. Following the completion of the transaction, the chairman now directly owns 4,796,528 shares of the company’s stock, valued at approximately $19,953,556.48. The disclosure for this sale can be found here. Corporate insiders own 25.30% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AXA purchased a new position in Hill International during the first quarter worth $263,000. Springbok Capital Management LLC boosted its position in Hill International by 37.6% in the first quarter. Springbok Capital Management LLC now owns 102,800 shares of the company’s stock worth $346,000 after buying an additional 28,100 shares during the last quarter. Menta Capital LLC boosted its position in Hill International by 45.1% in the first quarter. Menta Capital LLC now owns 103,722 shares of the company’s stock worth $350,000 after buying an additional 32,251 shares during the last quarter. BlackRock Investment Management LLC raised its stake in shares of Hill International by 1.6% in the second quarter. BlackRock Investment Management LLC now owns 146,642 shares of the company’s stock valued at $597,000 after buying an additional 2,239 shares during the period. Finally, State Street Corp raised its stake in shares of Hill International by 13.7% in the first quarter. State Street Corp now owns 382,494 shares of the company’s stock valued at $1,289,000 after buying an additional 46,078 shares during the period. 48.90% of the stock is owned by institutional investors.
Hill International (NYSE:HIL) traded down 1.35% on Thursday, hitting $4.37. 4,356 shares of the company’s stock traded hands. The stock has a market cap of $226.14 million, a PE ratio of 46.99 and a beta of 1.00. The stock has a 50-day moving average of $4.44 and a 200-day moving average of $4.20. Hill International has a one year low of $2.62 and a one year high of $4.68.
Hill International (NYSE:HIL) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.09 by $0.06. The company earned $175.60 million during the quarter, compared to analysts’ expectations of $174.50 million. Hill International had a return on equity of 8.00% and a net margin of 0.66%. The company’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.09 EPS. On average, equities analysts forecast that Hill International will post $0.27 earnings per share for the current fiscal year.
Hill International Company Profile
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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