Heidrick & Struggles International (NASDAQ:HSII) Shares Cross Above Fifty Day Moving Average of $31.03

Heidrick & Struggles International, Inc. (NASDAQ:HSII) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $31.03 and traded as high as $29.62. Heidrick & Struggles International shares last traded at $29.59, with a volume of 860 shares trading hands.

HSII has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Hersha Hospitality Trust from a “buy” rating to a “hold” rating in a research note on Thursday, May 2nd. ValuEngine raised shares of Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a research note on Tuesday, April 30th. Finally, BidaskClub raised shares of Zynerba Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 18th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. Heidrick & Struggles International currently has a consensus rating of “Hold” and a consensus target price of $42.33.

The stock has a market cap of $567.81 million, a PE ratio of 11.79, a price-to-earnings-growth ratio of 0.84 and a beta of 1.35. The business’s 50-day moving average price is $30.98.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings results on Monday, April 29th. The business services provider reported $0.62 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.08. The firm had revenue of $171.59 million for the quarter, compared to analyst estimates of $170.58 million. Heidrick & Struggles International had a net margin of 6.85% and a return on equity of 19.84%. As a group, analysts forecast that Heidrick & Struggles International, Inc. will post 2.57 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the business. James Investment Research Inc. boosted its position in Heidrick & Struggles International by 2.1% in the first quarter. James Investment Research Inc. now owns 18,580 shares of the business services provider’s stock valued at $712,000 after buying an additional 375 shares in the last quarter. Texas Permanent School Fund lifted its position in shares of Heidrick & Struggles International by 4.0% during the fourth quarter. Texas Permanent School Fund now owns 12,407 shares of the business services provider’s stock worth $387,000 after purchasing an additional 478 shares in the last quarter. Comerica Bank lifted its position in shares of Heidrick & Struggles International by 2.7% during the first quarter. Comerica Bank now owns 18,759 shares of the business services provider’s stock worth $787,000 after purchasing an additional 491 shares in the last quarter. Meeder Asset Management Inc. lifted its position in shares of Heidrick & Struggles International by 68.6% during the first quarter. Meeder Asset Management Inc. now owns 2,146 shares of the business services provider’s stock worth $82,000 after purchasing an additional 873 shares in the last quarter. Finally, United Services Automobile Association lifted its position in shares of Heidrick & Struggles International by 16.5% during the fourth quarter. United Services Automobile Association now owns 7,514 shares of the business services provider’s stock worth $234,000 after purchasing an additional 1,064 shares in the last quarter. Hedge funds and other institutional investors own 90.74% of the company’s stock.

About Heidrick & Struggles International (NASDAQ:HSII)

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search and consulting services 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 development of senior executives.

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