Sidoti Csr Research Analysts Cut Earnings Estimates for Heidrick & Struggles International, Inc. (NASDAQ:HSII)

Heidrick & Struggles International, Inc. (NASDAQ:HSII) – Analysts at Sidoti Csr decreased their Q1 2024 earnings per share estimates for Heidrick & Struggles International in a research report issued on Tuesday, April 30th. Sidoti Csr analyst M. Riddick now expects that the business services provider will post earnings of $0.52 per share for the quarter, down from their previous forecast of $0.73. The consensus estimate for Heidrick & Struggles International’s current full-year earnings is $2.69 per share. Sidoti Csr also issued estimates for Heidrick & Struggles International’s Q2 2024 earnings at $0.53 EPS, Q3 2024 earnings at $0.55 EPS, Q4 2024 earnings at $0.45 EPS, FY2024 earnings at $2.05 EPS, Q1 2025 earnings at $0.60 EPS, Q2 2025 earnings at $0.63 EPS, Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.53 EPS and FY2025 earnings at $2.40 EPS.

A number of other analysts also recently weighed in on the stock. StockNews.com upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Tuesday, March 12th. Truist Financial boosted their target price on Heidrick & Struggles International from $27.00 to $30.00 and gave the company a “hold” rating in a research report on Tuesday, February 27th. Barrington Research restated an “outperform” rating and issued a $40.00 price target on shares of Heidrick & Struggles International in a research report on Monday, March 4th. Finally, TheStreet upgraded shares of Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research report on Monday, February 12th.

Heidrick & Struggles International Price Performance

Shares of HSII opened at $29.39 on Thursday. The business’s 50 day simple moving average is $31.67 and its 200-day simple moving average is $29.05. Heidrick & Struggles International has a 1 year low of $22.52 and a 1 year high of $35.38. The stock has a market capitalization of $593.97 million, a price-to-earnings ratio of 11.09, a price-to-earnings-growth ratio of 0.68 and a beta of 0.88.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, February 26th. The business services provider reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. Heidrick & Struggles International had a net margin of 5.23% and a return on equity of 13.81%. The firm had revenue of $253.16 million during the quarter, compared to analyst estimates of $248.17 million.

Institutional Trading of Heidrick & Struggles International

Institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP increased its stake in Heidrick & Struggles International by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,319,499 shares of the business services provider’s stock worth $38,965,000 after buying an additional 17,997 shares during the period. LSV Asset Management grew its stake in Heidrick & Struggles International by 4.0% in the 3rd quarter. LSV Asset Management now owns 305,767 shares of the business services provider’s stock worth $7,650,000 after acquiring an additional 11,838 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of Heidrick & Struggles International by 77.4% during the third quarter. Assenagon Asset Management S.A. now owns 297,188 shares of the business services provider’s stock worth $7,436,000 after acquiring an additional 129,644 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Heidrick & Struggles International by 5.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 276,703 shares of the business services provider’s stock valued at $8,171,000 after acquiring an additional 15,302 shares in the last quarter. Finally, Wellington Management Group LLP boosted its holdings in shares of Heidrick & Struggles International by 95.0% in the fourth quarter. Wellington Management Group LLP now owns 223,616 shares of the business services provider’s stock valued at $6,603,000 after purchasing an additional 108,916 shares during the period. 90.13% of the stock is currently owned by institutional investors.

Heidrick & Struggles International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Friday, March 8th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.04%. The ex-dividend date of this dividend was Thursday, March 7th. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 22.64%.

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.