$0.61 Earnings Per Share Expected for Heidrick & Struggles International, Inc. (NASDAQ:HSII) This Quarter

Equities research analysts predict that Heidrick & Struggles International, Inc. (NASDAQ:HSII) will announce earnings of $0.61 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Heidrick & Struggles International’s earnings, with the lowest EPS estimate coming in at $0.59 and the highest estimate coming in at $0.63. Heidrick & Struggles International reported earnings per share of $0.59 during the same quarter last year, which suggests a positive year-over-year growth rate of 3.4%. The company is scheduled to report its next quarterly earnings report on Monday, July 29th.

According to Zacks, analysts expect that Heidrick & Struggles International will report full-year earnings of $2.57 per share for the current financial year, with EPS estimates ranging from $2.51 to $2.65. For the next year, analysts expect that the business will post earnings of $2.61 per share, with EPS estimates ranging from $2.47 to $2.83. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow Heidrick & Struggles International.

Heidrick & Struggles International (NASDAQ:HSII) last released its earnings results on Monday, April 29th. The business services provider reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.08. The business had revenue of $171.59 million for the quarter, compared to analyst estimates of $170.58 million. Heidrick & Struggles International had a return on equity of 19.84% and a net margin of 6.85%.

A number of research firms have recently issued reports on HSII. BidaskClub lowered Heidrick & Struggles International from a “hold” rating to a “sell” rating in a report on Monday, April 22nd. Zacks Investment Research lowered Heidrick & Struggles International from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 1st. Finally, ValuEngine lowered Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Friday, March 22nd. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $42.33.

Hedge funds have recently made changes to their positions in the stock. Quantamental Technologies LLC acquired a new position in Heidrick & Struggles International during the first quarter worth $69,000. Meeder Asset Management Inc. grew its holdings in Heidrick & Struggles International by 68.6% during the first quarter. Meeder Asset Management Inc. now owns 2,146 shares of the business services provider’s stock worth $82,000 after acquiring an additional 873 shares during the period. Marshall Wace North America L.P. grew its holdings in Heidrick & Struggles International by 1,927.7% during the first quarter. Marshall Wace North America L.P. now owns 3,224 shares of the business services provider’s stock worth $124,000 after acquiring an additional 3,065 shares during the period. BNP Paribas Arbitrage SA grew its holdings in Heidrick & Struggles International by 324.5% during the first quarter. BNP Paribas Arbitrage SA now owns 3,888 shares of the business services provider’s stock worth $149,000 after acquiring an additional 2,972 shares during the period. Finally, Victory Capital Management Inc. acquired a new position in Heidrick & Struggles International during the first quarter worth $160,000. 90.74% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:HSII opened at $29.24 on Tuesday. The firm has a market capitalization of $574.88 million, a price-to-earnings ratio of 11.60, a P/E/G ratio of 0.87 and a beta of 1.45. The company has a 50 day moving average of $32.19. Heidrick & Struggles International has a 12-month low of $28.25 and a 12-month high of $45.28.

About Heidrick & Struggles International

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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