Heidrick & Struggles International, Inc. (HSII) Expected to Announce Earnings of $0.32 Per Share

Analysts forecast that Heidrick & Struggles International, Inc. (NASDAQ:HSII) will post earnings of $0.32 per share for the current quarter, according to Zacks. Four analysts have made estimates for Heidrick & Struggles International’s earnings, with estimates ranging from $0.24 to $0.41. Heidrick & Struggles International posted earnings per share of $0.23 during the same quarter last year, which would indicate a positive year over year growth rate of 39.1%. The company is expected to report its next quarterly earnings results on Monday, February 26th.

According to Zacks, analysts expect that Heidrick & Struggles International will report full year earnings of ($0.16) per share for the current fiscal year, with EPS estimates ranging from ($0.24) to ($0.08). For the next fiscal year, analysts expect that the firm will post earnings of $1.40 per share, with EPS estimates ranging from $1.20 to $1.89. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover Heidrick & Struggles International.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Thursday, October 26th. The business services provider reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ 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 analyst estimates of $152.78 million. During the same period in the previous year, the company posted $0.37 earnings per share. The business’s revenue was up 11.4% on a year-over-year basis.

A number of analysts recently issued reports on HSII shares. Zacks Investment Research upgraded Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $28.00 price objective on the stock in a research note on Monday, October 30th. SunTrust Banks reiterated a “hold” rating and set a $23.00 price objective on shares of Heidrick & Struggles International in a research note on Friday, October 20th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $25.33.

Heidrick & Struggles International (NASDAQ:HSII) traded up $0.05 during trading hours on Friday, hitting $25.85. The company had a trading volume of 135,910 shares, compared to its average volume of 144,366. Heidrick & Struggles International has a 12 month low of $17.90 and a 12 month high of $27.10. The company has a market cap of $485.61, a price-to-earnings ratio of -53.85, a price-to-earnings-growth ratio of 1.23 and a beta of 1.64.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Royce & Associates LP increased its stake in Heidrick & Struggles International by 4.0% in the 3rd quarter. Royce & Associates LP now owns 1,612,356 shares of the business services provider’s stock worth $34,101,000 after acquiring an additional 62,556 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Heidrick & Struggles International by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,427,277 shares of the business services provider’s stock worth $30,187,000 after acquiring an additional 48,761 shares during the last quarter. Renaissance Technologies LLC increased its stake in Heidrick & Struggles International by 1.3% in the 2nd quarter. Renaissance Technologies LLC now owns 1,175,200 shares of the business services provider’s stock worth $25,561,000 after acquiring an additional 15,298 shares during the last quarter. Vanguard Group Inc. increased its stake in Heidrick & Struggles International by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 1,012,574 shares of the business services provider’s stock worth $22,024,000 after acquiring an additional 19,260 shares during the last quarter. Finally, Paradice Investment Management LLC increased its stake in Heidrick & Struggles International by 5.7% in the 3rd quarter. Paradice Investment Management LLC now owns 946,828 shares of the business services provider’s stock worth $20,025,000 after acquiring an additional 51,138 shares during the last quarter. Institutional investors and hedge funds own 82.77% of the company’s stock.

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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).

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