$176.05 Million in Sales Expected for Heidrick & Struggles International, Inc. (HSII) This Quarter

Analysts forecast that Heidrick & Struggles International, Inc. (NASDAQ:HSII) will post $176.05 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Heidrick & Struggles International’s earnings, with the highest sales estimate coming in at $177.70 million and the lowest estimate coming in at $175.03 million. Heidrick & Struggles International posted sales of $169.38 million during the same quarter last year, which suggests a positive year-over-year growth rate of 3.9%. The company is scheduled to announce its next earnings results on Monday, February 25th.

According to Zacks, analysts expect that Heidrick & Struggles International will report full-year sales of $706.77 million for the current financial year, with estimates ranging from $705.75 million to $708.40 million. For the next year, analysts expect that the firm will post sales of $729.04 million, with estimates ranging from $715.23 million to $737.20 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that follow Heidrick & Struggles International.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings results on Monday, October 29th. The business services provider reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.37. Heidrick & Struggles International had a negative net margin of 0.15% and a positive return on equity of 17.49%. The company had revenue of $192.34 million for the quarter, compared to the consensus estimate of $175.81 million.

A number of research analysts have recently issued reports on HSII shares. BidaskClub downgraded shares of Heidrick & Struggles International from a “hold” rating to a “sell” rating in a research report on Tuesday, September 11th. ValuEngine downgraded shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Thursday, September 27th. TheStreet downgraded shares of Heidrick & Struggles International from a “b-” rating to a “c+” rating in a research report on Friday, September 28th. Zacks Investment Research downgraded shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Wednesday, October 3rd. Finally, Barrington Research reiterated a “buy” rating on shares of Heidrick & Struggles International in a research report on Monday, July 23rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Heidrick & Struggles International currently has a consensus rating of “Buy” and a consensus target price of $40.50.

Heidrick & Struggles International stock opened at $35.02 on Friday. Heidrick & Struggles International has a 1 year low of $20.95 and a 1 year high of $45.28. The stock has a market capitalization of $684.41 million, a PE ratio of 31.78, a price-to-earnings-growth ratio of 1.19 and a beta of 1.51.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 23rd. Investors of record on Friday, November 9th will be given a $0.13 dividend. The ex-dividend date of this dividend is Thursday, November 8th. This represents a $0.52 annualized dividend and a yield of 1.48%. Heidrick & Struggles International’s dividend payout ratio is presently 47.71%.

A number of large investors have recently modified their holdings of the stock. SG Americas Securities LLC lifted its position in Heidrick & Struggles International by 63.0% in the 2nd quarter. SG Americas Securities LLC now owns 5,292 shares of the business services provider’s stock valued at $185,000 after purchasing an additional 2,045 shares during the last quarter. Chicago Equity Partners LLC increased its stake in Heidrick & Struggles International by 6.0% during the 3rd quarter. Chicago Equity Partners LLC now owns 46,310 shares of the business services provider’s stock valued at $1,568,000 after buying an additional 2,630 shares during the period. Legal & General Group Plc increased its stake in Heidrick & Struggles International by 8.3% during the 2nd quarter. Legal & General Group Plc now owns 37,664 shares of the business services provider’s stock valued at $1,326,000 after buying an additional 2,898 shares during the period. Macquarie Group Ltd. increased its stake in Heidrick & Struggles International by 20.0% during the 2nd quarter. Macquarie Group Ltd. now owns 18,613 shares of the business services provider’s stock valued at $651,000 after buying an additional 3,100 shares during the period. Finally, First Trust Advisors LP increased its stake in Heidrick & Struggles International by 18.8% during the 2nd quarter. First Trust Advisors LP now owns 21,445 shares of the business services provider’s stock valued at $751,000 after buying an additional 3,401 shares during the period. Hedge funds and other institutional investors own 89.83% of the company’s stock.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. The company was founded by Gardner Heidrick and John Struggles in 1953 and is headquartered in Chicago, IL.

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

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