Wall Street analysts expect Heidrick & Struggles International, Inc. (NASDAQ:HSII) to post sales of $155.40 million for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Heidrick & Struggles International’s earnings, with the lowest sales estimate coming in at $154.38 million and the highest estimate coming in at $156.30 million. Heidrick & Struggles International reported sales of $159.82 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 2.8%. The firm is scheduled to issue its next earnings report on Monday, February 26th.

According to Zacks, analysts expect that Heidrick & Struggles International will report full-year sales of $155.40 million for the current year, with estimates ranging from $604.97 million to $608.40 million. For the next year, analysts forecast that the business will post sales of $627.63 million per share, with estimates ranging from $617.91 million to $634.60 million. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that cover Heidrick & Struggles International.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.43 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.09. Heidrick & Struggles International had a negative net margin of 1.42% and a positive return on equity of 8.85%. The business had revenue of $159.80 million during the quarter, compared to the consensus estimate of $152.78 million. During the same period in the prior year, the firm posted $0.37 EPS. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year.

HSII has been the subject of a number of recent analyst reports. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $23.00 price objective on shares of Heidrick & Struggles International in a research report on Friday, October 20th. Zacks Investment Research raised shares of Heidrick & Struggles International from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, ValuEngine downgraded shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $25.33.

Hedge funds have recently modified their holdings of the business. BNP Paribas Arbitrage SA grew its position 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. PNC Financial Services Group Inc. boosted its stake in Heidrick & Struggles International by 22.3% in the second quarter. PNC Financial Services Group Inc. now owns 8,763 shares of the business services provider’s stock valued at $192,000 after acquiring an additional 1,599 shares during the last quarter. Citadel Advisors LLC purchased a new position in Heidrick & Struggles International in the second quarter valued at about $204,000. Eqis Capital Management Inc. purchased a new position in Heidrick & Struggles International in the second quarter valued at about $220,000. Finally, Thrivent Financial For Lutherans boosted its stake in Heidrick & Struggles International by 4.5% in the first quarter. Thrivent Financial For Lutherans now owns 10,470 shares of the business services provider’s stock valued at $276,000 after acquiring an additional 450 shares during the last quarter. 82.72% of the stock is owned by institutional investors and hedge funds.

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Shares of Heidrick & Struggles International (HSII) opened at $24.60 on Friday. Heidrick & Struggles International has a 52-week low of $17.90 and a 52-week high of $27.10. The stock has a market cap of $462.13, a PE ratio of 20.85, a price-to-earnings-growth ratio of 1.27 and a beta of 1.63.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Friday, November 3rd were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date was Thursday, November 2nd. Heidrick & Struggles International’s payout ratio is -108.33%.

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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