Today, Research Analysts Issue Forecasts for Heidrick & Struggles International Inc.’s FY2016 Earnings (HSII)

Today, Research Analysts Issue Forecasts for Heidrick & Struggles International Inc.’s FY2016 Earnings (HSII)
Heidrick & Struggles International Inc. (NASDAQ:HSII) – Research analysts at Barrington Research lowered their FY2016 earnings per share estimates for shares of Heidrick & Struggles International in a note issued to investors on Tuesday. Barrington Research analyst K. Steinke now expects that the brokerage will earn $0.99 per share for the year, down from their previous estimate of $1.01.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, October 24th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.03. Heidrick & Struggles International had a net margin of 2.76% and a return on equity of 6.55%. The firm earned $143.50 million during the quarter, compared to the consensus estimate of $145.63 million. During the same quarter in the prior year, the firm earned $0.40 earnings per share. The business’s quarterly revenue was up 3.7% on a year-over-year basis.

A number of other research firms also recently weighed in on HSII. Deutsche Bank AG started coverage on shares of Heidrick & Struggles International in a research note on Wednesday, August 17th. They issued a “hold” rating and a $19.00 price target on the stock. Zacks Investment Research downgraded shares of Heidrick & Struggles International from a “hold” rating to a “sell” rating in a research note on Wednesday, October 26th. Finally, TheStreet upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Thursday, November 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $26.00.

Shares of Heidrick & Struggles International (NASDAQ:HSII) opened at 21.00 on Thursday. The company has a market cap of $390.22 million, a P/E ratio of 24.36 and a beta of 1.52. Heidrick & Struggles International has a 52 week low of $16.23 and a 52 week high of $30.62. The firm has a 50-day moving average of $19.68 and a 200 day moving average of $18.72.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 18th. Investors of record on Friday, November 4th were given a dividend of $0.13 per share. The ex-dividend date was Wednesday, November 2nd. This represents a $0.52 annualized dividend and a yield of 2.48%. Heidrick & Struggles International’s dividend payout ratio is presently 60.47%.

A number of large investors have recently bought and sold shares of the company. Franklin Resources Inc. increased its stake in Heidrick & Struggles International by 24.5% in the second quarter. Franklin Resources Inc. now owns 1,564,793 shares of the company’s stock valued at $26,413,000 after buying an additional 307,500 shares in the last quarter. Systematic Financial Management LP increased its stake in Heidrick & Struggles International by 109.5% in the second quarter. Systematic Financial Management LP now owns 462,222 shares of the company’s stock valued at $7,802,000 after buying an additional 241,569 shares in the last quarter. BlackRock Fund Advisors increased its stake in Heidrick & Struggles International by 12.5% in the third quarter. BlackRock Fund Advisors now owns 1,305,207 shares of the company’s stock valued at $24,212,000 after buying an additional 145,281 shares in the last quarter. Paradice Investment Management LLC increased its stake in Heidrick & Struggles International by 7.5% in the second quarter. Paradice Investment Management LLC now owns 1,387,590 shares of the company’s stock valued at $23,423,000 after buying an additional 96,901 shares in the last quarter. Finally, Algert Global LLC acquired a new stake in Heidrick & Struggles International during the second quarter valued at approximately $1,085,000. Institutional investors and hedge funds own 87.36% of the company’s stock.

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