Wall Street analysts expect Heidrick & Struggles International, Inc. (NASDAQ:HSII) to announce earnings per share (EPS) of $0.45 for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Heidrick & Struggles International’s earnings, with the lowest EPS estimate coming in at $0.43 and the highest estimate coming in at $0.47. Heidrick & Struggles International posted earnings of $0.33 per share during the same quarter last year, which would suggest a positive year over year growth rate of 36.4%. The firm is expected to report its next earnings results on Monday, July 23rd.
According to Zacks, analysts expect that Heidrick & Struggles International will report full year earnings of $1.81 per share for the current fiscal year, with EPS estimates ranging from $1.71 to $1.89. For the next fiscal year, analysts expect that the business will report earnings of $1.92 per share, with EPS estimates ranging from $1.87 to $1.99. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Heidrick & Struggles International.
Get Heidrick & Struggles International alerts:Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, April 23rd. The business services provider reported $0.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.21. The business had revenue of $160.07 million during the quarter, compared to analyst estimates of $155.60 million. Heidrick & Struggles International had a positive return on equity of 11.69% and a negative net margin of 5.92%. During the same period in the previous year, the company posted $0.03 EPS.
A number of brokerages have weighed in on HSII. BidaskClub lowered Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Wednesday. ValuEngine lowered Heidrick & Struggles International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. TheStreet raised Heidrick & Struggles International from a “c” rating to a “b-” rating in a research report on Monday, April 23rd. Barrington Research raised Heidrick & Struggles International from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 24th. Finally, SunTrust Banks boosted their price target on Heidrick & Struggles International to $35.00 and gave the stock a “hold” rating in a research report on Tuesday, April 24th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $29.33.
Heidrick & Struggles International traded down $0.45, reaching $36.65, on Friday, according to Marketbeat Ratings. 789,479 shares of the stock traded hands, compared to its average volume of 129,530. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.05. The firm has a market cap of $702.06 million, a PE ratio of 33.62, a price-to-earnings-growth ratio of 1.52 and a beta of 1.38. Heidrick & Struggles International has a 12 month low of $17.90 and a 12 month high of $39.73.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. raised its position in shares of Heidrick & Struggles International by 4.4% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 74,462 shares of the business services provider’s stock worth $1,829,000 after acquiring an additional 3,120 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Heidrick & Struggles International in the 1st quarter worth $101,000. Principal Financial Group Inc. raised its position in shares of Heidrick & Struggles International by 2.4% in the 1st quarter. Principal Financial Group Inc. now owns 143,985 shares of the business services provider’s stock worth $4,500,000 after acquiring an additional 3,417 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Heidrick & Struggles International by 0.3% in the 4th quarter. Renaissance Technologies LLC now owns 1,150,302 shares of the business services provider’s stock worth $28,240,000 after acquiring an additional 3,902 shares in the last quarter. Finally, ClariVest Asset Management LLC bought a new position in shares of Heidrick & Struggles International in the 1st quarter worth $125,000. 84.93% of the stock is owned by hedge funds and other institutional investors.
Heidrick & Struggles International Company Profile
Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, culture shaping, and leadership consulting services on a retained basis to businesses and business leaders in the Americas, Europe, the Asia Pacific, and internationally. The company enables its clients to build leadership teams by facilitating the recruitment, management, and deployment of senior executives.
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