Heidrick & Struggles International (HSII) Earns Neutral Rating from Analysts at Credit Suisse Group

Credit Suisse Group started coverage on shares of Heidrick & Struggles International (NASDAQ:HSII) in a report released on Friday morning, MarketBeat.com reports. The firm issued a neutral rating and a $40.00 price objective on the business services provider’s stock.

A number of other equities analysts have also recently issued reports on HSII. Zacks Investment Research cut shares of Heidrick & Struggles International from a buy rating to a hold rating in a research report on Wednesday, June 27th. Barrington Research upped their price objective on shares of Heidrick & Struggles International from $40.00 to $45.00 and gave the stock an outperform rating in a research report on Friday, August 3rd. BidaskClub lowered shares of Heidrick & Struggles International from a hold rating to a sell rating in a report on Friday, July 13th. ValuEngine raised shares of Heidrick & Struggles International from a buy rating to a strong-buy rating in a report on Tuesday, April 24th. Finally, SunTrust Banks boosted their target price on shares of Heidrick & Struggles International to $35.00 and gave the stock a hold rating in a report on Tuesday, April 24th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Heidrick & Struggles International currently has a consensus rating of Buy and a consensus price target of $41.75.

Heidrick & Struggles International traded down $0.30, hitting $42.10, during midday trading on Friday, MarketBeat.com reports. The company’s stock had a trading volume of 814 shares, compared to its average volume of 165,090. Heidrick & Struggles International has a 1-year low of $17.90 and a 1-year high of $44.35. The stock has a market capitalization of $803.86 million, a price-to-earnings ratio of 39.13, a price-to-earnings-growth ratio of 1.56 and a beta of 1.67.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Monday, July 30th. The business services provider reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.14. The business had revenue of $183.06 million during the quarter, compared to analysts’ expectations of $164.31 million. Heidrick & Struggles International had a negative net margin of 1.36% and a positive return on equity of 13.98%. equities analysts forecast that Heidrick & Struggles International will post 2.01 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 24th. Shareholders of record on Friday, August 10th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date is Thursday, August 9th. Heidrick & Struggles International’s payout ratio is 47.71%.

Institutional investors and hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC bought a new stake in shares of Heidrick & Struggles International in the 1st quarter valued at $101,000. ClariVest Asset Management LLC bought a new stake in shares of Heidrick & Struggles International in the 1st quarter valued at $125,000. Itau Unibanco Holding S.A. bought a new stake in shares of Heidrick & Struggles International in the 2nd quarter valued at $149,000. Piedmont Investment Advisors LLC bought a new stake in shares of Heidrick & Struggles International in the 2nd quarter valued at $154,000. Finally, Robeco Institutional Asset Management B.V. bought a new stake in shares of Heidrick & Struggles International in the 2nd quarter valued at $247,000. 85.46% of the stock is currently owned by hedge funds and other institutional investors.

Heidrick & Struggles International Company Profile

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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