Heidrick & Struggles International, Inc. (HSII) Receives Consensus Rating of “Buy” from Analysts

Shares of Heidrick & Struggles International, Inc. (NASDAQ:HSII) have earned a consensus recommendation of “Buy” from the seven brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $40.50.

HSII has been the subject of several research analyst reports. Barrington Research set a $45.00 price target on shares of Heidrick & Struggles International and gave the company a “buy” rating in a research note on Monday, November 5th. BidaskClub cut shares of Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research report on Monday, September 17th. Zacks Investment Research upgraded shares of Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $42.00 price objective on the stock in a report on Thursday, November 1st. ValuEngine upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st. Finally, TheStreet lowered Heidrick & Struggles International from a “b-” rating to a “c+” rating in a research report on Friday, September 28th.

Shares of NASDAQ:HSII opened at $31.99 on Friday. The stock has a market capitalization of $620.90 million, a PE ratio of 29.35, a price-to-earnings-growth ratio of 1.02 and a beta of 1.54. Heidrick & Struggles International has a 52-week low of $20.95 and a 52-week high of $45.28.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings data on Monday, October 29th. The business services provider reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.37. The company had revenue of $192.34 million for the quarter, compared to the consensus estimate of $175.81 million. Heidrick & Struggles International had a positive return on equity of 17.49% and a negative net margin of 0.15%. Sell-side analysts predict that Heidrick & Struggles International will post 2.38 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 23rd. Stockholders of record on Friday, November 9th were paid a $0.13 dividend. The ex-dividend date was Thursday, November 8th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.63%. Heidrick & Struggles International’s dividend payout ratio (DPR) is 47.71%.

Institutional investors and hedge funds have recently made changes to their positions in the business. Itau Unibanco Holding S.A. bought a new position in shares of Heidrick & Struggles International in the 2nd quarter worth about $149,000. Piedmont Investment Advisors LLC purchased a new stake in shares of Heidrick & Struggles International during the 2nd quarter valued at about $154,000. Tower Research Capital LLC TRC boosted its holdings in shares of Heidrick & Struggles International by 567.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,921 shares of the business services provider’s stock valued at $172,000 after acquiring an additional 4,184 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Heidrick & Struggles International by 63.0% during the 2nd quarter. SG Americas Securities LLC now owns 5,292 shares of the business services provider’s stock valued at $185,000 after acquiring an additional 2,045 shares during the last quarter. Finally, Laurion Capital Management LP purchased a new stake in shares of Heidrick & Struggles International during the 3rd quarter valued at about $212,000. 91.83% of the stock is owned by institutional investors and hedge funds.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, culture shaping, and leadership consulting services on a retained basis 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 deployment of senior executives.

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