Zacks: Analysts Anticipate Heidrick & Struggles International, Inc. (NASDAQ:HSII) Will Post Earnings of $0.98 Per Share

Brokerages expect Heidrick & Struggles International, Inc. (NASDAQ:HSII – Get Rating) to post $0.98 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Heidrick & Struggles International’s earnings. The lowest EPS estimate is $0.95 and the highest is $1.01. Heidrick & Struggles International reported earnings of $1.14 per share in the same quarter last year, which would suggest a negative year over year growth rate of 14%. The business is scheduled to announce its next earnings results on Monday, January 1st.

On average, analysts expect that Heidrick & Struggles International will report full-year earnings of $3.61 per share for the current fiscal year, with EPS estimates ranging from $3.49 to $3.73. For the next fiscal year, analysts expect that the company will report earnings of $3.51 per share, with EPS estimates ranging from $3.24 to $3.78. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Heidrick & Struggles International.

Heidrick & Struggles International (NASDAQ:HSII – Get Rating) last announced its quarterly earnings data on Monday, April 25th. The business services provider reported $0.90 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.06). Heidrick & Struggles International had a net margin of 6.93% and a return on equity of 25.83%. During the same quarter in the previous year, the business earned $0.86 earnings per share.

Several research analysts have recently issued reports on the company. StockNews.com cut Heidrick & Struggles International from a “strong-buy” rating to a “buy” rating in a research note on Thursday, April 28th. Barrington Research upped their price objective on shares of Heidrick & Struggles International from $50.00 to $54.00 in a report on Wednesday, April 27th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, Heidrick & Struggles International has an average rating of “Hold” and an average target price of $51.67.

Shares of HSII opened at $31.80 on Friday. The firm has a market capitalization of $627.03 million, a PE ratio of 8.48 and a beta of 0.85. Heidrick & Struggles International has a 1-year low of $30.44 and a 1-year high of $50.03. The company’s fifty day moving average price is $36.93 and its 200-day moving average price is $41.39.

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 20th. Shareholders of record on Friday, May 6th were given a $0.15 dividend. The ex-dividend date was Thursday, May 5th. This represents a $0.60 annualized dividend and a yield of 1.89%. Heidrick & Struggles International’s dividend payout ratio is presently 16.00%.

In other Heidrick & Struggles International news, COO Michael M. Cullen sold 3,853 shares of the stock in a transaction that occurred on Tuesday, March 15th. The stock was sold at an average price of $39.10, for a total transaction of $150,652.30. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Krishnan Rajagopalan sold 5,000 shares of the business’s stock in a transaction on Wednesday, March 2nd. The stock was sold at an average price of $40.94, for a total transaction of $204,700.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,777 shares of company stock worth $391,527. Insiders own 1.70% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. boosted its holdings in Heidrick & Struggles International by 1.3% in the 4th quarter. BlackRock Inc. now owns 3,217,782 shares of the business services provider’s stock worth $140,715,000 after buying an additional 39,935 shares during the last quarter. Vanguard Group Inc. raised its stake in Heidrick & Struggles International by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 1,505,262 shares of the business services provider’s stock valued at $59,578,000 after purchasing an additional 58,275 shares during the last quarter. Renaissance Technologies LLC raised its stake in Heidrick & Struggles International by 2.3% in the 1st quarter. Renaissance Technologies LLC now owns 1,270,202 shares of the business services provider’s stock valued at $50,275,000 after purchasing an additional 28,400 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Heidrick & Struggles International by 3.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,236,696 shares of the business services provider’s stock valued at $48,950,000 after purchasing an additional 46,259 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its position in Heidrick & Struggles International by 7.4% during the first quarter. Principal Financial Group Inc. now owns 702,952 shares of the business services provider’s stock worth $27,823,000 after acquiring an additional 48,709 shares during the last quarter. 93.36% of the stock is owned by institutional investors.

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.

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