Heidrick & Struggles International (NASDAQ:HSII) Receives Hold Rating from Truist Financial

Heidrick & Struggles International (NASDAQ:HSII)‘s stock had its “hold” rating reissued by research analysts at Truist Financial in a research note issued on Wednesday,Benzinga reports. They presently have a $42.00 price objective on the business services provider’s stock, up from their previous price objective of $40.00. Truist Financial’s price objective indicates a potential downside of 9.31% from the company’s current price.

Several other research firms also recently weighed in on HSII. StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Barrington Research upped their price objective on shares of Heidrick & Struggles International from $44.00 to $50.00 and gave the company an “outperform” rating in a report on Monday.

Heidrick & Struggles International Stock Down 1.9 %

Shares of HSII opened at $46.31 on Wednesday. The company has a market capitalization of $945.19 million, a price-to-earnings ratio of 25.03, a PEG ratio of 1.10 and a beta of 0.88. Heidrick & Struggles International has a 52 week low of $26.52 and a 52 week high of $49.02. The stock’s 50-day moving average price is $41.59 and its 200-day moving average price is $37.55.

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 for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The company had revenue of $282.82 million during the quarter, compared to analysts’ expectations of $267.65 million. During the same quarter in the prior year, the firm posted $0.73 EPS. As a group, equities analysts anticipate that Heidrick & Struggles International will post 2.68 EPS for the current fiscal year.

Institutional Trading of Heidrick & Struggles International

Institutional investors have recently added to or reduced their stakes in the stock. Quest Partners LLC purchased a new position in shares of Heidrick & Struggles International during the third quarter worth $30,000. Gladius Capital Management LP acquired a new position in Heidrick & Struggles International during the 3rd quarter worth about $31,000. Quantbot Technologies LP purchased a new position in Heidrick & Struggles International during the 3rd quarter valued at about $33,000. Innealta Capital LLC acquired a new position in Heidrick & Struggles International in the 2nd quarter valued at about $29,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in Heidrick & Struggles International in the 1st quarter valued at about $32,000. Institutional investors and hedge funds own 90.13% of the company’s stock.

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.