Brokers Offer Predictions for Heidrick & Struggles International, Inc.’s FY2018 Earnings (HSII)

Heidrick & Struggles International, Inc. (NASDAQ:HSII) – Investment analysts at Barrington Research increased their FY2018 earnings per share (EPS) estimates for shares of Heidrick & Struggles International in a report issued on Monday. Barrington Research analyst K. Steinke now expects that the business services provider will post earnings per share of $1.32 for the year, up from their previous forecast of $1.26. Barrington Research has a “Market Perform” rating on the stock.

Other analysts have also recently issued research reports about the company. TheStreet cut Heidrick & Struggles International from a “b” rating to a “c” rating in a report on Monday, July 24th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $25.00 price target (down previously from $27.00) on shares of Heidrick & Struggles International in a report on Tuesday, July 25th. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $23.00 price target on shares of Heidrick & Struggles International in a report on Friday, October 20th. Zacks Investment Research raised Heidrick & Struggles International from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Finally, ValuEngine cut Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company’s stock. Heidrick & Struggles International has an average rating of “Hold” and a consensus target price of $25.33.

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Heidrick & Struggles International (NASDAQ HSII) traded up $0.45 during trading hours on Tuesday, hitting $24.45. The company’s stock had a trading volume of 169,300 shares, compared to its average volume of 93,167. Heidrick & Struggles International has a 1 year low of $17.90 and a 1 year high of $27.10. The stock has a market cap of $450.86, a PE ratio of 20.34, a P/E/G ratio of 1.33 and a beta of 1.63.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.09. Heidrick & Struggles International had a positive return on equity of 8.85% and a negative net margin of 1.42%. The firm had revenue of $159.80 million for the quarter, compared to analysts’ expectations of $152.78 million. During the same quarter last year, the firm posted $0.37 EPS. The company’s revenue was up 11.4% compared to the same quarter last year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Friday, November 3rd were given a dividend of $0.13 per share. The ex-dividend date was Thursday, November 2nd. This represents a $0.52 annualized dividend and a dividend yield of 2.13%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently -108.33%.

Institutional investors have recently made changes to their positions in the company. BNP Paribas Arbitrage SA increased its position in shares of Heidrick & Struggles International by 49.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,449 shares of the business services provider’s stock valued at $162,000 after purchasing an additional 2,477 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Heidrick & Struggles International by 22.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,763 shares of the business services provider’s stock valued at $192,000 after purchasing an additional 1,599 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of Heidrick & Struggles International during the 2nd quarter valued at about $204,000. Eqis Capital Management Inc. bought a new position in shares of Heidrick & Struggles International during the 2nd quarter valued at about $220,000. Finally, Thrivent Financial For Lutherans increased its position in shares of Heidrick & Struggles International by 4.5% during the 1st quarter. Thrivent Financial For Lutherans now owns 10,470 shares of the business services provider’s stock valued at $276,000 after purchasing an additional 450 shares during the last quarter. Hedge funds and other institutional investors own 82.72% of the company’s stock.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc is an advisory firm providing executive search, leadership consulting and culture shaping services to businesses and business leaders around the world. Its segments include Executive Search, Leadership Consulting and Culture Shaping. It operates its executive search services in three geographic regions: the Americas (which includes the countries in North and South America); Europe (which includes the continents of Europe and Africa), and Asia Pacific (which includes Asia and the region generally known as the Middle East).

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

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