Heidrick & Struggles International, Inc. (HSII) Forecasted to Earn FY2018 Earnings of $2.32 Per Share

Heidrick & Struggles International, Inc. (NASDAQ:HSII) – Barrington Research increased their FY2018 earnings per share estimates for Heidrick & Struggles International in a report released on Monday, November 5th. Barrington Research analyst K. Steinke now anticipates that the business services provider will post earnings per share of $2.32 for the year, up from their prior estimate of $1.92. Barrington Research currently has a “Buy” rating and a $45.00 target price on the stock. Barrington Research also issued estimates for Heidrick & Struggles International’s FY2019 earnings at $2.46 EPS.

Other equities analysts also recently issued reports about the company. ValuEngine upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st. TheStreet downgraded Heidrick & Struggles International from a “b-” rating to a “c+” rating in a research report on Friday, September 28th. Zacks Investment Research downgraded Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Wednesday, October 3rd. BidaskClub upgraded Heidrick & Struggles International from a “sell” rating to a “hold” rating in a research report on Friday, August 24th. Finally, Credit Suisse Group started coverage on Heidrick & Struggles International in a research report on Friday, August 10th. They set a “neutral” rating and a $40.00 target price on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Heidrick & Struggles International has an average rating of “Buy” and a consensus price target of $40.50.

NASDAQ HSII opened at $35.02 on Thursday. Heidrick & Struggles International has a twelve month low of $20.95 and a twelve month high of $45.28. The stock has a market cap of $684.41 million, a P/E ratio of 31.78, a price-to-earnings-growth ratio of 1.19 and a beta of 1.51.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Monday, October 29th. The business services provider reported $0.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.37. Heidrick & Struggles International had a positive return on equity of 17.49% and a negative net margin of 0.15%. The business had revenue of $192.34 million for the quarter, compared to the consensus estimate of $175.81 million.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Trexquant Investment LP purchased a new position in shares of Heidrick & Struggles International in the 3rd quarter worth about $357,000. Globeflex Capital L P purchased a new position in shares of Heidrick & Struggles International in the 3rd quarter worth about $818,000. BBT Capital Management LLC purchased a new position in shares of Heidrick & Struggles International in the 3rd quarter worth about $872,000. BlackRock Inc. raised its holdings in shares of Heidrick & Struggles International by 2.7% in the 3rd quarter. BlackRock Inc. now owns 2,733,450 shares of the business services provider’s stock worth $92,526,000 after purchasing an additional 70,889 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of Heidrick & Struggles International by 7.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 306,521 shares of the business services provider’s stock worth $10,377,000 after purchasing an additional 22,573 shares during the period. Hedge funds and other institutional investors own 89.83% of the company’s stock.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 23rd. Investors of record on Friday, November 9th will be given a dividend of $0.13 per share. The ex-dividend date is Thursday, November 8th. This represents a $0.52 annualized dividend and a yield of 1.48%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 47.71%.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. The company was founded by Gardner Heidrick and John Struggles in 1953 and is headquartered in Chicago, IL.

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

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