Heidrick & Struggles International, Inc. (HSII) to Post FY2018 Earnings of $2.32 Per Share, Barrington Research Forecasts

Heidrick & Struggles International, Inc. (NASDAQ:HSII) – Equities researchers at Barrington Research lifted their FY2018 earnings per share estimates for shares of Heidrick & Struggles International in a report issued on Monday, November 5th. Barrington Research analyst K. Steinke now expects that the business services provider will earn $2.32 per share for the year, up from their prior estimate of $1.92. Barrington Research has a “Buy” rating and a $45.00 price target on the stock. Barrington Research also issued estimates for Heidrick & Struggles International’s FY2019 earnings at $2.46 EPS.

A number of other equities analysts have also weighed in on the company. Zacks Investment Research raised Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $42.00 target price on the stock in a research report on Thursday, November 1st. ValuEngine raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st. TheStreet lowered Heidrick & Struggles International from a “b-” rating to a “c+” rating in a research report on Friday, September 28th. BidaskClub lowered Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research report on Monday, September 17th. Finally, Credit Suisse Group began coverage on Heidrick & Struggles International in a research report on Friday, August 10th. They set a “neutral” rating and a $40.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $40.50.

Shares of NASDAQ:HSII opened at $35.93 on Thursday. Heidrick & Struggles International has a twelve month low of $20.95 and a twelve month high of $45.28. The company has a market cap of $684.41 million, a PE ratio of 32.96, a PEG ratio of 1.19 and a beta of 1.51.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, November 23rd. Stockholders of record on Friday, November 9th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend is Thursday, November 8th. Heidrick & Struggles International’s payout ratio is 47.71%.

Several large investors have recently modified their holdings of HSII. BlackRock Inc. raised its position in Heidrick & Struggles International by 8.4% in the 2nd quarter. BlackRock Inc. now owns 2,662,561 shares of the business services provider’s stock valued at $93,189,000 after buying an additional 205,788 shares during the last quarter. Renaissance Technologies LLC raised its position in Heidrick & Struggles International by 24.9% in the 2nd quarter. Renaissance Technologies LLC now owns 1,467,239 shares of the business services provider’s stock valued at $51,353,000 after buying an additional 292,839 shares during the last quarter. Acadian Asset Management LLC raised its position in Heidrick & Struggles International by 165.9% in the 2nd quarter. Acadian Asset Management LLC now owns 381,433 shares of the business services provider’s stock valued at $13,347,000 after buying an additional 237,992 shares during the last quarter. Millennium Management LLC raised its position in Heidrick & Struggles International by 26.3% in the 2nd quarter. Millennium Management LLC now owns 381,219 shares of the business services provider’s stock valued at $13,343,000 after buying an additional 79,270 shares during the last quarter. Finally, WINTON GROUP Ltd purchased a new stake in Heidrick & Struggles International in the 2nd quarter valued at $9,475,000. 89.83% of the stock is currently owned by institutional investors.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. The company was founded by Gardner Heidrick and John Struggles in 1953 and is headquartered in Chicago, IL.

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

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