Heidrick & Struggles International, Inc. (NASDAQ:HSII) Receives $44.50 Average Price Target from Analysts

Heidrick & Struggles International, Inc. (NASDAQ:HSII) has earned a consensus rating of “Hold” from the six brokerages that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $44.50.

Separately, Zacks Investment Research raised shares of Heidrick & Struggles International from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd.

Several hedge funds have recently modified their holdings of the company. BlackRock Inc. increased its position in shares of Heidrick & Struggles International by 1.2% during the second quarter. BlackRock Inc. now owns 2,849,255 shares of the business services provider’s stock worth $85,392,000 after acquiring an additional 34,675 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Heidrick & Struggles International by 5.1% during the second quarter. Renaissance Technologies LLC now owns 1,222,502 shares of the business services provider’s stock worth $36,638,000 after acquiring an additional 59,200 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Heidrick & Struggles International by 52.4% during the second quarter. Acadian Asset Management LLC now owns 549,765 shares of the business services provider’s stock worth $16,477,000 after acquiring an additional 189,091 shares in the last quarter. Nuveen Asset Management LLC bought a new stake in shares of Heidrick & Struggles International during the second quarter worth $12,956,000. Finally, AQR Capital Management LLC increased its position in shares of Heidrick & Struggles International by 196.0% during the second quarter. AQR Capital Management LLC now owns 290,813 shares of the business services provider’s stock worth $8,716,000 after acquiring an additional 192,575 shares in the last quarter. 92.83% of the stock is owned by institutional investors.

NASDAQ:HSII traded up $0.77 during trading hours on Friday, hitting $26.01. The stock had a trading volume of 2,466 shares, compared to its average volume of 97,556. Heidrick & Struggles International has a one year low of $25.07 and a one year high of $44.66. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 1.49. The company has a market cap of $486.71 million, a price-to-earnings ratio of 10.33, a P/E/G ratio of 0.97 and a beta of 1.33. The business’s 50 day moving average is $26.71 and its 200-day moving average is $31.61.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, July 29th. The business services provider reported $0.73 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.12. Heidrick & Struggles International had a net margin of 7.32% and a return on equity of 19.96%. The firm had revenue of $173.12 million during the quarter, compared to the consensus estimate of $177.92 million. During the same quarter in the prior year, the firm earned $0.59 earnings per share. On average, sell-side analysts anticipate that Heidrick & Struggles International will post 2.62 EPS for the current fiscal year.

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.

Further Reading: What is the strike price in options trading?

Receive News & Ratings for Heidrick & Struggles International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heidrick & Struggles International and related companies with MarketBeat.com's FREE daily email newsletter.