Shares of Heidrick & Struggles (NASDAQ:HSII) have received a consensus recommendation of “Hold” from the seven analysts that are covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $24.00.
A number of brokerages have issued reports on HSII. BidaskClub raised Heidrick & Struggles from a “hold” rating to a “buy” rating in a report on Friday, March 9th. Zacks Investment Research cut Heidrick & Struggles from a “buy” rating to a “hold” rating in a report on Thursday, March 8th.
Shares of Heidrick & Struggles stock traded down $0.85 during trading on Monday, reaching $30.30. 90,707 shares of the company’s stock were exchanged, compared to its average volume of 124,772. Heidrick & Struggles has a 1-year low of $17.90 and a 1-year high of $32.65. The stock has a market capitalization of $586.04, a P/E ratio of 27.80, a price-to-earnings-growth ratio of 1.50 and a beta of 1.41.
Heidrick & Struggles (NASDAQ:HSII) last posted its quarterly earnings results on Monday, February 26th. The business services provider reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.17). Heidrick & Struggles had a positive return on equity of 8.65% and a negative net margin of 7.60%. The business had revenue of $169.38 million for the quarter, compared to analyst estimates of $156.62 million. During the same period last year, the firm posted $0.23 EPS. Heidrick & Struggles’s quarterly revenue was up 6.0% on a year-over-year basis. research analysts anticipate that Heidrick & Struggles will post 1.54 earnings per share for the current year.
A number of institutional investors and hedge funds have recently modified their holdings of the business. First Quadrant L P CA acquired a new stake in shares of Heidrick & Struggles in the fourth quarter valued at about $167,000. Ellington Management Group LLC acquired a new stake in shares of Heidrick & Struggles in the fourth quarter valued at about $218,000. BNP Paribas Arbitrage SA increased its stake in shares of Heidrick & Struggles by 43.3% in the third quarter. BNP Paribas Arbitrage SA now owns 10,671 shares of the business services provider’s stock valued at $226,000 after buying an additional 3,222 shares during the period. MetLife Investment Advisors LLC acquired a new stake in shares of Heidrick & Struggles in the fourth quarter valued at about $237,000. Finally, Bogle Investment Management L P DE acquired a new stake in shares of Heidrick & Struggles in the fourth quarter valued at about $241,000. 83.59% of the stock is owned by institutional investors and hedge funds.
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Heidrick & Struggles 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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