Analysts expect Heidrick & Struggles International, Inc. (NASDAQ:HSII) to post sales of $152.78 million for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Heidrick & Struggles International’s earnings. The lowest sales estimate is $151.27 million and the highest is $154.41 million. Heidrick & Struggles International reported sales of $143.52 million during the same quarter last year, which would suggest a positive year over year growth rate of 6.5%. The business is scheduled to issue its next earnings report on Monday, October 23rd.

According to Zacks, analysts expect that Heidrick & Struggles International will report full year sales of $152.78 million for the current year, with estimates ranging from $603.50 million to $606.65 million. For the next year, analysts anticipate that the business will report sales of $628.27 million per share, with estimates ranging from $618.37 million to $633.09 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow Heidrick & Struggles International.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, July 24th. The business services provider reported $0.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.03. Heidrick & Struggles International had a positive return on equity of 8.25% and a negative net margin of 1.66%. The company had revenue of $152.21 million for the quarter, compared to the consensus estimate of $157.01 million. During the same period in the prior year, the company earned $0.35 earnings per share. The firm’s revenue was up 2.3% compared to the same quarter last year.

HSII has been the topic of a number of research reports. ValuEngine upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. BidaskClub cut shares of Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a report on Thursday, July 6th. Deutsche Bank AG restated a “hold” rating and set a $25.00 target price (down previously from $27.00) on shares of Heidrick & Struggles International in a report on Tuesday, July 25th. Barrington Research cut shares of Heidrick & Struggles International from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 26th. Finally, TheStreet cut shares of Heidrick & Struggles International from a “b” rating to a “c” rating in a report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. The company has a consensus rating of “Hold” and an average price target of $25.00.

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Heidrick & Struggles International (NASDAQ:HSII) opened at 18.15 on Friday. Heidrick & Struggles International has a 1-year low of $17.37 and a 1-year high of $27.10. The firm has a 50 day moving average of $18.60 and a 200-day moving average of $22.05. The company’s market capitalization is $340.93 million.

The company also recently declared a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Friday, August 4th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend was Wednesday, August 2nd. Heidrick & Struggles International’s payout ratio is -96.29%.

Institutional investors have recently made changes to their positions in the stock. Mason Street Advisors LLC boosted its stake in Heidrick & Struggles International by 7.0% in the 1st quarter. Mason Street Advisors LLC now owns 4,345 shares of the business services provider’s stock worth $114,000 after purchasing an additional 284 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in Heidrick & Struggles International by 49.8% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,449 shares of the business services provider’s stock worth $162,000 after purchasing an additional 2,477 shares in the last quarter. Hillsdale Investment Management Inc. bought a new position in Heidrick & Struggles International in the 1st quarter worth about $174,000. PNC Financial Services Group Inc. boosted its stake in Heidrick & Struggles International by 2.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,164 shares of the business services provider’s stock worth $188,000 after purchasing an additional 147 shares in the last quarter. Finally, Louisiana State Employees Retirement System bought a new position in Heidrick & Struggles International in the 1st quarter worth about $200,000. Institutional investors own 84.16% of the company’s stock.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc is an advisory firm providing executive search, leadership consulting and culture shaping services to businesses and business leaders around the world. Its segments include Executive Search, Leadership Consulting and Culture Shaping. It operates its executive search services in three geographic regions: the Americas (which includes the countries in North and South America); Europe (which includes the continents of Europe and Africa), and Asia Pacific (which includes Asia and the region generally known as the Middle East).

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Earnings History and Estimates for Heidrick & Struggles International (NASDAQ:HSII)

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