William Blair Equities Analysts Raise Earnings Estimates for Heidrick & Struggles International, Inc. (HSII)

Heidrick & Struggles International, Inc. (NASDAQ:HSII) – Stock analysts at William Blair raised their FY2018 earnings estimates for Heidrick & Struggles International in a report released on Monday, October 29th. William Blair analyst T. Mchugh now forecasts that the business services provider will earn $2.44 per share for the year, up from their prior estimate of $2.08. William Blair also issued estimates for Heidrick & Struggles International’s Q3 2019 earnings at $0.69 EPS and Q4 2019 earnings at $0.54 EPS.

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

A number of other equities analysts have also issued reports on the stock. Zacks Investment Research upgraded shares of 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. ValuEngine upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday. TheStreet lowered shares of Heidrick & Struggles International from a “b-” rating to a “c+” rating in a research report on Friday, September 28th. BidaskClub lowered shares of Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research report on Monday, September 17th. Finally, Credit Suisse Group assumed coverage on shares of 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 analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Heidrick & Struggles International has a consensus rating of “Buy” and an average target price of $40.50.

Shares of HSII opened at $34.93 on Thursday. The company has a market cap of $689.53 million, a PE ratio of 32.05, a price-to-earnings-growth ratio of 1.34 and a beta of 1.64. Heidrick & Struggles International has a 12-month low of $20.95 and a 12-month high of $45.28.

A number of large investors have recently bought and sold shares of HSII. Renaissance Technologies LLC grew 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. WINTON GROUP Ltd purchased a new position in Heidrick & Struggles International in the 2nd quarter valued at $9,475,000. Acadian Asset Management LLC grew 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. BlackRock Inc. grew 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. Finally, American Century Companies Inc. grew its position in Heidrick & Struggles International by 474.4% in the 2nd quarter. American Century Companies Inc. now owns 175,475 shares of the business services provider’s stock valued at $6,142,000 after buying an additional 144,927 shares during the last quarter. Hedge funds and other institutional investors own 89.79% of the company’s stock.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 23rd. Investors of record on Friday, November 9th will be given a $0.13 dividend. The ex-dividend date of this dividend is Thursday, November 8th. This represents a $0.52 dividend on an annualized basis and a yield of 1.49%. Heidrick & Struggles International’s dividend payout ratio (DPR) is 47.71%.

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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