Analysts Anticipate Heidrick & Struggles International, Inc. (NASDAQ:HSII) Will Announce Earnings of $0.61 Per Share

Wall Street brokerages forecast that Heidrick & Struggles International, Inc. (NASDAQ:HSII) will announce earnings per share (EPS) of $0.61 for the current quarter, Zacks reports. Three analysts have made estimates for Heidrick & Struggles International’s earnings. The lowest EPS estimate is $0.59 and the highest is $0.63. Heidrick & Struggles International reported earnings of $0.59 per share during the same quarter last year, which would indicate a positive year over year growth rate of 3.4%. The firm is expected to announce its next earnings results after the market closes on Monday, July 29th.

According to Zacks, analysts expect that Heidrick & Struggles International will report full-year earnings of $2.57 per share for the current year, with EPS estimates ranging from $2.51 to $2.65. For the next fiscal year, analysts anticipate that the company will post earnings of $2.61 per share, with EPS estimates ranging from $2.47 to $2.83. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow Heidrick & Struggles International.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Monday, April 29th. The business services provider reported $0.62 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.08. Heidrick & Struggles International had a net margin of 6.85% and a return on equity of 19.84%. The company had revenue of $171.59 million during the quarter, compared to the consensus estimate of $170.58 million.

A number of research analysts recently weighed in on the stock. BidaskClub raised shares of Zynerba Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 18th. ValuEngine raised shares of Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a research report on Tuesday, April 30th. Finally, Zacks Investment Research downgraded shares of H&E Equipment Services from a “hold” rating to a “sell” rating in a research report on Wednesday. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $42.33.

Shares of HSII stock traded up $0.15 during trading hours on Thursday, hitting $30.07. 46,478 shares of the company were exchanged, compared to its average volume of 149,956. The stock has a market cap of $575.45 million, a P/E ratio of 11.93, a PEG ratio of 0.87 and a beta of 1.35. Heidrick & Struggles International has a 52 week low of $28.25 and a 52 week high of $45.28. The company has a 50 day moving average of $30.82.

A number of institutional investors have recently modified their holdings of the business. New York State Common Retirement Fund grew its stake in shares of Heidrick & Struggles International by 14.9% during the 4th quarter. New York State Common Retirement Fund now owns 24,252 shares of the business services provider’s stock valued at $756,000 after purchasing an additional 3,152 shares during the period. BlackRock Inc. grew its position in Heidrick & Struggles International by 2.7% in the 4th quarter. BlackRock Inc. now owns 2,806,908 shares of the business services provider’s stock valued at $87,548,000 after acquiring an additional 73,458 shares during the last quarter. Texas Permanent School Fund grew its position in Heidrick & Struggles International by 4.0% in the 4th quarter. Texas Permanent School Fund now owns 12,407 shares of the business services provider’s stock valued at $387,000 after acquiring an additional 478 shares during the last quarter. Citigroup Inc. grew its position in Heidrick & Struggles International by 10.6% in the 4th quarter. Citigroup Inc. now owns 22,104 shares of the business services provider’s stock valued at $690,000 after acquiring an additional 2,111 shares during the last quarter. Finally, United Services Automobile Association grew its position in Heidrick & Struggles International by 16.5% in the 4th quarter. United Services Automobile Association now owns 7,514 shares of the business services provider’s stock valued at $234,000 after acquiring an additional 1,064 shares during the last quarter. Institutional investors and hedge funds own 90.86% of the company’s stock.

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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