Heidrick & Struggles International, Inc. (HSII) Expected to Post Earnings of $0.41 Per Share

Analysts expect Heidrick & Struggles International, Inc. (NASDAQ:HSII) to announce earnings per share of $0.41 for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Heidrick & Struggles International’s earnings. The highest EPS estimate is $0.47 and the lowest is $0.35. Heidrick & Struggles International posted earnings of $0.15 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 173.3%. The company is expected to issue its next quarterly earnings results on Monday, February 25th.

On average, analysts expect that Heidrick & Struggles International will report full year earnings of $2.38 per share for the current financial year, with EPS estimates ranging from $2.32 to $2.44. For the next fiscal year, analysts anticipate that the business will post earnings of $2.44 per share, with EPS estimates ranging from $2.40 to $2.46. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow Heidrick & Struggles International.

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

HSII has been the subject of several research analyst reports. Zacks Investment Research raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a report on Wednesday, January 16th. ValuEngine downgraded shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Thursday, September 27th. Barrington Research set a $45.00 price objective on shares of Heidrick & Struggles International and gave the stock a “buy hsii” rating in a report on Thursday, December 20th. TheStreet downgraded shares of Heidrick & Struggles International from a “b-” rating to a “c+” rating in a report on Friday, September 28th. Finally, BidaskClub raised shares of Heidrick & Struggles International from a “strong sell” rating to a “sell” rating in a report on Thursday, December 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $39.25.

A number of hedge funds have recently bought and sold shares of HSII. Schwab Charles Investment Management Inc. raised its position in Heidrick & Struggles International by 11.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 113,090 shares of the business services provider’s stock worth $3,959,000 after acquiring an additional 11,440 shares in the last quarter. Legal & General Group Plc raised its position in Heidrick & Struggles International by 8.3% in the second quarter. Legal & General Group Plc now owns 37,664 shares of the business services provider’s stock worth $1,326,000 after acquiring an additional 2,898 shares in the last quarter. BlueMountain Capital Management LLC bought a new stake in Heidrick & Struggles International in the second quarter worth about $648,000. Northern Trust Corp raised its position in Heidrick & Struggles International by 7.9% in the second quarter. Northern Trust Corp now owns 249,609 shares of the business services provider’s stock worth $8,736,000 after acquiring an additional 18,255 shares in the last quarter. Finally, Millennium Management LLC raised its position in Heidrick & Struggles International by 26.3% in the second quarter. Millennium Management LLC now owns 381,219 shares of the business services provider’s stock worth $13,343,000 after acquiring an additional 79,270 shares in the last quarter. 91.80% of the stock is owned by institutional investors and hedge funds.

Shares of HSII traded down $0.23 during midday trading on Wednesday, hitting $33.25. 120,419 shares of the stock traded hands, compared to its average volume of 104,359. Heidrick & Struggles International has a 1-year low of $20.95 and a 1-year high of $45.28. The company has a market cap of $630.38 million, a price-to-earnings ratio of 30.50, a price-to-earnings-growth ratio of 1.01 and a beta of 1.55.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, culture shaping, and leadership consulting services on a retained basis to businesses and business leaders in the Americas, Europe, the Asia Pacific, and internationally. The company enables its clients to build leadership teams by facilitating the recruitment, management, and deployment of senior executives.

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