Brokers Set Expectations for Heidrick & Struggles International, Inc.’s Q3 2022 Earnings (NASDAQ:HSII)

Heidrick & Struggles International, Inc. (NASDAQ:HSIIGet Rating) – Investment analysts at Barrington Research issued their Q3 2022 earnings per share (EPS) estimates for Heidrick & Struggles International in a research report issued to clients and investors on Wednesday, April 6th. Barrington Research analyst K. Steinke anticipates that the business services provider will earn $0.86 per share for the quarter. Barrington Research also issued estimates for Heidrick & Struggles International’s Q4 2022 earnings at $0.71 EPS, FY2022 earnings at $3.53 EPS and FY2023 earnings at $3.22 EPS.

Heidrick & Struggles International (NASDAQ:HSIIGet Rating) last issued its earnings results on Monday, February 28th. The business services provider reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.15. The company had revenue of $285.54 million during the quarter, compared to analyst estimates of $258.64 million. Heidrick & Struggles International had a net margin of 7.20% and a return on equity of 26.99%.

HSII has been the subject of several other research reports. Zacks Investment Research lowered shares of Heidrick & Struggles International from a “hold” rating to a “sell” rating in a research note on Monday, December 27th. StockNews.com began coverage on shares of Heidrick & Struggles International in a research note on Thursday, March 31st. They issued a “strong-buy” rating for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $46.75.

Shares of NASDAQ:HSII opened at $38.75 on Monday. Heidrick & Struggles International has a 12-month low of $35.90 and a 12-month high of $50.03. The firm’s fifty day moving average is $41.07. The firm has a market cap of $759.19 million, a price-to-earnings ratio of 10.79 and a beta of 0.76.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 18th. Shareholders of record on Friday, March 4th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.55%. The ex-dividend date was Thursday, March 3rd. Heidrick & Struggles International’s dividend payout ratio is currently 16.71%.

In related news, COO Michael M. Cullen sold 924 shares of Heidrick & Struggles International stock in a transaction dated Friday, April 8th. The stock was sold at an average price of $39.15, for a total transaction of $36,174.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Krishnan Rajagopalan sold 5,000 shares of Heidrick & Struggles International stock in a transaction dated Wednesday, March 2nd. The stock was sold at an average price of $40.94, for a total value of $204,700.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,777 shares of company stock valued at $391,527. Corporate insiders own 1.70% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. US Bancorp DE lifted its stake in Heidrick & Struggles International by 54.9% during the third quarter. US Bancorp DE now owns 666 shares of the business services provider’s stock worth $30,000 after purchasing an additional 236 shares during the period. Advisor Group Holdings Inc. grew its position in Heidrick & Struggles International by 32.4% in the fourth quarter. Advisor Group Holdings Inc. now owns 940 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 230 shares during the period. Royal Bank of Canada acquired a new position in Heidrick & Struggles International during the second quarter worth $59,000. Gladius Capital Management LP acquired a new position in Heidrick & Struggles International during the fourth quarter worth $71,000. Finally, Nisa Investment Advisors LLC raised its stake in Heidrick & Struggles International by 18.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 2,620 shares of the business services provider’s stock worth $115,000 after acquiring an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 91.80% of the company’s stock.

Heidrick & Struggles International Company Profile (Get Rating)

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. The company enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.

Read More

Earnings History and Estimates for Heidrick & Struggles International (NASDAQ:HSII)

Receive News & Ratings for Heidrick & Struggles International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heidrick & Struggles International and related companies with MarketBeat.com's FREE daily email newsletter.