Heidrick & Struggles International (NASDAQ:HSII) Posts Quarterly Earnings Results, Beats Expectations By $0.23 EPS

Heidrick & Struggles International (NASDAQ:HSII) announced its earnings results on Sunday. The business services provider reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.23, MarketWatch Earnings reports. Heidrick & Struggles International had a negative net margin of 5.02% and a positive return on equity of 11.69%.

NASDAQ:HSII traded up $1.26 during mid-day trading on Tuesday, hitting $37.16. 4,201 shares of the stock traded hands, compared to its average volume of 101,059. The stock has a market capitalization of $719.42 million, a price-to-earnings ratio of -21.12 and a beta of 0.84. Heidrick & Struggles International has a 52 week low of $17.99 and a 52 week high of $36.08. The firm’s 50 day moving average is $31.91 and its two-hundred day moving average is $25.80.

In other Heidrick & Struggles International news, CFO Mark R. Harris sold 1,000 shares of the company’s stock in a transaction dated Monday, November 30th. The shares were sold at an average price of $26.27, for a total value of $26,270.00. Following the transaction, the chief financial officer now directly owns 4,939 shares in the company, valued at approximately $129,747.53. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

Several equities analysts recently commented on the stock. Zacks Investment Research downgraded shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Wednesday, December 30th. Credit Suisse Group upped their price target on shares of Heidrick & Struggles International from $22.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search and consulting 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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Earnings History for Heidrick & Struggles International (NASDAQ:HSII)

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