Brokerages expect that Heidrick & Struggles International, Inc. (NASDAQ:HSII) will report earnings per share (EPS) of $0.50 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Heidrick & Struggles International’s earnings, with the lowest EPS estimate coming in at $0.49 and the highest estimate coming in at $0.51. Heidrick & Struggles International reported earnings per share of $0.43 in the same quarter last year, which would suggest a positive year-over-year growth rate of 16.3%. The business is expected to report its next quarterly earnings results after the market closes on Monday, October 29th.

According to Zacks, analysts expect that Heidrick & Struggles International will report full year earnings of $2.01 per share for the current fiscal year, with EPS estimates ranging from $1.92 to $2.08. For the next year, analysts anticipate that the business will post earnings of $2.12 per share, with EPS estimates ranging from $2.10 to $2.15. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that that provide coverage for Heidrick & Struggles International.

Heidrick & Struggles International (NASDAQ:HSII) last announced its quarterly earnings results on Monday, July 30th. The business services provider reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.14. The business had revenue of $183.06 million for the quarter, compared to analysts’ expectations of $164.31 million. Heidrick & Struggles International had a positive return on equity of 13.98% and a negative net margin of 1.36%.

A number of analysts have recently weighed in on the company. BidaskClub cut Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research report on Monday, September 17th. Barrington Research reiterated a “buy” rating on shares of Heidrick & Struggles International in a research report on Monday, July 23rd. TheStreet cut Heidrick & Struggles International from a “b-” rating to a “c+” rating in a research report on Friday, September 28th. Zacks Investment Research cut Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Wednesday, June 27th. Finally, ValuEngine cut Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Thursday, September 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. Heidrick & Struggles International currently has an average rating of “Hold” and a consensus target price of $41.75.

Several institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC increased its position in Heidrick & Struggles International by 24.9% in the 2nd quarter. Renaissance Technologies LLC now owns 1,467,239 shares of the business services provider’s stock valued at $51,353,000 after acquiring an additional 292,839 shares during the period. WINTON GROUP Ltd acquired a new stake in Heidrick & Struggles International in the 2nd quarter valued at approximately $9,475,000. Acadian Asset Management LLC increased its position in Heidrick & Struggles International by 165.9% in the 2nd quarter. Acadian Asset Management LLC now owns 381,433 shares of the business services provider’s stock valued at $13,347,000 after acquiring an additional 237,992 shares during the period. BlackRock Inc. increased its position in Heidrick & Struggles International by 8.4% in the 2nd quarter. BlackRock Inc. now owns 2,662,561 shares of the business services provider’s stock valued at $93,189,000 after acquiring an additional 205,788 shares during the period. Finally, Russell Investments Group Ltd. increased its position in Heidrick & Struggles International by 433.5% in the 1st quarter. Russell Investments Group Ltd. now owns 197,800 shares of the business services provider’s stock valued at $6,182,000 after acquiring an additional 160,725 shares during the period. Institutional investors and hedge funds own 89.70% of the company’s stock.

Shares of Heidrick & Struggles International stock opened at $30.87 on Friday. The company has a market cap of $641.75 million, a PE ratio of 28.32, a P/E/G ratio of 1.25 and a beta of 1.65. Heidrick & Struggles International has a twelve month low of $20.55 and a twelve month high of $45.28.

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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