Analysts Expect Heidrick & Struggles International, Inc. (NASDAQ:HSII) Will Announce Earnings of $0.66 Per Share

Wall Street brokerages expect Heidrick & Struggles International, Inc. (NASDAQ:HSII) to report earnings per share of $0.66 for the current quarter, according to Zacks. Three analysts have issued estimates for Heidrick & Struggles International’s earnings, with the highest EPS estimate coming in at $0.70 and the lowest estimate coming in at $0.61. Heidrick & Struggles International reported earnings per share of $0.85 in the same quarter last year, which would suggest a negative year over year growth rate of 22.4%. The company is scheduled to issue its next earnings report on Monday, November 4th.

On average, analysts expect that Heidrick & Struggles International will report full year earnings of $2.61 per share for the current financial year, with EPS estimates ranging from $2.59 to $2.64. For the next financial year, analysts expect that the firm will report earnings of $2.57 per share, with EPS estimates ranging from $2.51 to $2.68. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that cover Heidrick & Struggles International.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings results on Monday, July 29th. The business services provider reported $0.73 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.12. Heidrick & Struggles International had a net margin of 7.32% and a return on equity of 19.96%. The business had revenue of $173.12 million for the quarter, compared to analysts’ expectations of $177.92 million. During the same period in the prior year, the company posted $0.59 EPS.

HSII has been the topic of a number of recent analyst reports. BidaskClub cut shares of Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 18th. ValuEngine cut shares of Heidrick & Struggles International from a “hold” rating to a “sell” rating in a research note on Tuesday, April 30th. Finally, Zacks Investment Research raised shares of Heidrick & Struggles International from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company’s stock. Heidrick & Struggles International currently has a consensus rating of “Hold” and a consensus price target of $42.33.

Shares of NASDAQ:HSII traded up $0.75 on Friday, reaching $27.45. 69,400 shares of the company were exchanged, compared to its average volume of 118,682. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29. Heidrick & Struggles International has a 1-year low of $26.58 and a 1-year high of $45.28. The firm has a market cap of $510.82 million, a price-to-earnings ratio of 10.89, a price-to-earnings-growth ratio of 1.02 and a beta of 1.36. The company has a 50-day moving average of $29.29 and a 200-day moving average of $34.40.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Friday, August 9th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, August 8th. This represents a $0.60 dividend on an annualized basis and a yield of 2.19%. Heidrick & Struggles International’s payout ratio is 23.81%.

A number of hedge funds and other institutional investors have recently modified their holdings of HSII. Nuveen Asset Management LLC acquired a new stake in Heidrick & Struggles International in the 2nd quarter valued at about $12,956,000. AQR Capital Management LLC grew its stake in Heidrick & Struggles International by 196.0% in the 2nd quarter. AQR Capital Management LLC now owns 290,813 shares of the business services provider’s stock valued at $8,716,000 after acquiring an additional 192,575 shares during the last quarter. Acadian Asset Management LLC grew its stake in Heidrick & Struggles International by 52.4% in the 2nd quarter. Acadian Asset Management LLC now owns 549,765 shares of the business services provider’s stock valued at $16,477,000 after acquiring an additional 189,091 shares during the last quarter. Wells Fargo & Company MN grew its stake in Heidrick & Struggles International by 162.4% in the 2nd quarter. Wells Fargo & Company MN now owns 195,098 shares of the business services provider’s stock valued at $5,847,000 after acquiring an additional 120,738 shares during the last quarter. Finally, Putnam Investments LLC acquired a new stake in Heidrick & Struggles International in the 2nd quarter valued at about $3,009,000. 91.55% 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 and consulting services 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 development of senior executives.

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

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