FY2024 EPS Estimates for HSII Raised by Barrington Research

Heidrick & Struggles International, Inc. (NASDAQ:HSII) – Stock analysts at Barrington Research upped their FY2024 earnings per share estimates for shares of Heidrick & Struggles International in a research note issued on Monday, December 2nd. Barrington Research analyst K. Steinke now forecasts that the business services provider will post earnings of $2.68 per share for the year, up from their previous estimate of $2.65. Barrington Research has a “Outperform” rating and a $50.00 price objective on the stock. The consensus estimate for Heidrick & Struggles International’s current full-year earnings is $2.68 per share. Barrington Research also issued estimates for Heidrick & Struggles International’s Q4 2024 earnings at $0.60 EPS and FY2025 earnings at $2.75 EPS.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.04. The business had revenue of $282.82 million during the quarter, compared to the consensus estimate of $267.65 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. During the same period in the previous year, the company posted $0.73 EPS.

HSII has been the topic of several other reports. StockNews.com upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Truist Financial restated a “hold” rating and set a $40.00 price target (up previously from $33.00) on shares of Heidrick & Struggles International in a research report on Tuesday, November 5th.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ HSII opened at $47.20 on Tuesday. Heidrick & Struggles International has a fifty-two week low of $26.52 and a fifty-two week high of $49.02. The stock has a fifty day moving average of $41.42 and a 200-day moving average of $37.48. The stock has a market cap of $963.35 million, a PE ratio of 25.51, a price-to-earnings-growth ratio of 1.07 and a beta of 0.88.

Institutional Investors Weigh In On Heidrick & Struggles International

Several hedge funds have recently added to or reduced their stakes in HSII. Victory Capital Management Inc. lifted its stake in shares of Heidrick & Struggles International by 7.5% in the 2nd quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider’s stock valued at $180,000 after purchasing an additional 396 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Heidrick & Struggles International by 1.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 34,170 shares of the business services provider’s stock worth $1,328,000 after purchasing an additional 427 shares during the last quarter. Keene & Associates Inc. raised its position in Heidrick & Struggles International by 4.8% in the second quarter. Keene & Associates Inc. now owns 9,565 shares of the business services provider’s stock valued at $302,000 after purchasing an additional 435 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Heidrick & Struggles International by 7.1% in the second quarter. The Manufacturers Life Insurance Company now owns 7,738 shares of the business services provider’s stock valued at $244,000 after purchasing an additional 510 shares during the period. Finally, Quest Partners LLC acquired a new stake in shares of Heidrick & Struggles International during the third quarter worth about $30,000. 90.13% of the stock is owned by institutional investors.

Heidrick & Struggles International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, November 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.27%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 32.43%.

Heidrick & Struggles International Company Profile

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.