Q3 2020 EPS Estimates for Heidrick & Struggles International, Inc. (NASDAQ:HSII) Decreased by Analyst

Heidrick & Struggles International, Inc. (NASDAQ:HSII) – Barrington Research cut their Q3 2020 earnings estimates for shares of Heidrick & Struggles International in a report released on Wednesday, July 29th. Barrington Research analyst K. Steinke now expects that the business services provider will earn ($1.91) per share for the quarter, down from their prior estimate of $0.22. Barrington Research currently has a “Hold” rating on the stock. Barrington Research also issued estimates for Heidrick & Struggles International’s Q4 2020 earnings at $0.39 EPS and FY2021 earnings at $2.19 EPS.

Several other equities research analysts have also weighed in on HSII. ValuEngine raised Heidrick & Struggles International from a “sell” rating to a “hold” rating in a research report on Thursday, July 2nd. BidaskClub lowered Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Credit Suisse Group lifted their price target on Heidrick & Struggles International from $18.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Finally, Zacks Investment Research raised Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $24.00 price target on the stock in a research report on Friday. One analyst has rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $25.50.

Shares of NASDAQ HSII opened at $20.23 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.14 and a current ratio of 2.12. Heidrick & Struggles International has a fifty-two week low of $17.99 and a fifty-two week high of $33.21. The firm has a market capitalization of $391.25 million, a PE ratio of 126.45, a price-to-earnings-growth ratio of 1.74 and a beta of 1.06. The stock’s 50-day simple moving average is $20.87 and its 200-day simple moving average is $23.49.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, July 27th. The business services provider reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.25. Heidrick & Struggles International had a return on equity of 13.33% and a net margin of 0.50%. The business had revenue of $145.60 million for the quarter, compared to analyst estimates of $122.55 million.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $0.60 annualized dividend and a dividend yield of 2.97%. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 23.17%.

Several hedge funds have recently made changes to their positions in HSII. JPMorgan Chase & Co. grew its stake in shares of Heidrick & Struggles International by 71.5% in the 1st quarter. JPMorgan Chase & Co. now owns 576,457 shares of the business services provider’s stock valued at $12,970,000 after purchasing an additional 240,243 shares during the last quarter. State Street Corp grew its stake in shares of Heidrick & Struggles International by 21.1% in the 1st quarter. State Street Corp now owns 690,156 shares of the business services provider’s stock valued at $15,529,000 after purchasing an additional 120,049 shares during the last quarter. Assenagon Asset Management S.A. purchased a new position in shares of Heidrick & Struggles International in the 2nd quarter valued at approximately $2,333,000. Matarin Capital Management LLC purchased a new position in shares of Heidrick & Struggles International in the 1st quarter valued at approximately $2,393,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of Heidrick & Struggles International by 18.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 227,873 shares of the business services provider’s stock valued at $7,405,000 after purchasing an additional 35,276 shares during the last quarter. Institutional investors own 91.73% 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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