Hill International, Inc. (HIL) has been downgraded today by the securities research analysts at investment firm Morgan Joseph which lowered their performance outlook of HIL from “buy” rating to “hold.” Morgan Joseph did not provide a price target for HIL. HIL has ranged wildly during intraday trading after opening slightly higher than Tuesday’s market close.
Hill International is slated to release their next earnings report on August 4th, 2011 and the current EPS consensus estimate is a negative 2 cents. Their last earnings report was released on May 6th, 2011 and announced negative EPS of 15 cents with revenue totaling 123.0 million which was up 17.7 % year to year. HIL is currently trading below its 50 & 200-day moving averages and 2011 is currently a down year for the company.
Hill International, Inc. provides project management and construction claims services to clients worldwide, but primarily in the United States, Latin America, Europe, the Middle East, North Africa, Asia and Australia. Their clients include the United States and other national governments and their agencies, state and local governments and their agencies and the private sector. The company has market capitalization of $265,000,000 and 38,000,000 shares outstanding. HIL has a 52-week high of $6.96 with the low being $3.59 dollars.
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