Heidrick & Struggles International (NASDAQ:HSII) Stock Rating Upgraded by StockNews.com

Heidrick & Struggles International (NASDAQ:HSII) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Wednesday.

Several other research analysts have also recently weighed in on HSII. Truist Financial restated a “hold” rating and set a $40.00 price target (up from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday. Barrington Research restated an “outperform” rating and set a $44.00 price target on shares of Heidrick & Struggles International in a report on Friday, September 20th.

Heidrick & Struggles International Trading Down 2.3 %

HSII opened at $46.34 on Wednesday. Heidrick & Struggles International has a 1-year low of $25.13 and a 1-year high of $47.80. The company has a market cap of $941.63 million, a P/E ratio of 25.05, a price-to-earnings-growth ratio of 0.95 and a beta of 0.85. The company has a fifty day moving average price of $38.37 and a two-hundred day moving average price of $35.63.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. The firm had revenue of $282.82 million during the quarter, compared to analysts’ expectations of $267.65 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.51%. During the same period last year, the company earned $0.73 earnings per share. On average, research analysts forecast that Heidrick & Struggles International will post 2.62 EPS for the current fiscal year.

Institutional Trading of Heidrick & Struggles International

Hedge funds and other institutional investors have recently modified their holdings of the business. Quest Partners LLC bought a new stake in Heidrick & Struggles International during the 3rd quarter worth approximately $30,000. Gladius Capital Management LP purchased a new stake in shares of Heidrick & Struggles International in the 3rd quarter valued at $31,000. Innealta Capital LLC purchased a new stake in Heidrick & Struggles International during the 2nd quarter valued at $29,000. DekaBank Deutsche Girozentrale purchased a new stake in Heidrick & Struggles International during the 1st quarter valued at $32,000. Finally, Quarry LP purchased a new stake in Heidrick & Struggles International during the 2nd quarter valued at $44,000. Institutional investors own 90.13% of the company’s stock.

About Heidrick & Struggles International

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