Heidrick & Struggles International (NASDAQ:HSII) Releases Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Heidrick & Struggles International (NASDAQ:HSII) issued its quarterly earnings results on Monday. The business services provider reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.11, Zacks reports. The company had revenue of $282.88 million for the quarter, compared to analyst estimates of $265.69 million. Heidrick & Struggles International had a net margin of 3.59% and a return on equity of 12.66%. During the same quarter in the previous year, the business earned $0.73 earnings per share. Heidrick & Struggles International updated its Q3 2024 guidance to EPS.

Heidrick & Struggles International Trading Down 2.6 %

NASDAQ:HSII opened at $40.14 on Thursday. Heidrick & Struggles International has a 12 month low of $22.52 and a 12 month high of $41.94. The stock has a market capitalization of $815.64 million, a price-to-earnings ratio of 15.68, a PEG ratio of 1.05 and a beta of 0.88. The firm has a fifty day simple moving average of $33.73 and a two-hundred day simple moving average of $32.05.

Heidrick & Struggles International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 22nd. Investors of record on Friday, August 9th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.49%. Heidrick & Struggles International’s payout ratio is presently 23.44%.

Wall Street Analyst Weigh In

HSII has been the subject of several recent research reports. StockNews.com cut Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research note on Tuesday. Barrington Research restated an “outperform” rating and set a $40.00 price target on shares of Heidrick & Struggles International in a report on Thursday, May 16th. Finally, Truist Financial upped their price objective on shares of Heidrick & Struggles International from $30.00 to $33.00 and gave the company a “hold” rating in a research note on Tuesday, May 7th.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.