Trade Report: Today, Research Analysts Set Expectations for Heidrick & Struggles International Inc.’s Q4 2016 Earnings (HSII)

Today, Research Analysts Set Expectations for Heidrick & Struggles International Inc.’s Q4 2016 Earnings (HSII)

Heidrick & Struggles International Inc. (NASDAQ:HSII) – Barrington Research lowered their Q4 2016 earnings estimates for shares of Heidrick & Struggles International in a report issued on Tuesday. Barrington Research analyst K. Steinke now anticipates that the firm will earn $0.20 per share for the quarter, down from their prior forecast of $0.25.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly 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. The firm had revenue of $143.50 million for the quarter, compared to analyst estimates of $145.63 million. Heidrick & Struggles International had a net margin of 2.76% and a return on equity of 6.55%. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.40 EPS.

A number of other research analysts have also recently issued reports on HSII. Deutsche Bank AG began coverage on shares of Heidrick & Struggles International in a report on Wednesday, August 17th. They issued a “hold” rating and a $19.00 target price for the company. Zacks Investment Research cut shares of Heidrick & Struggles International from a “hold” rating to a “sell” rating in a report on Wednesday, October 26th. Finally, TheStreet raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Thursday, November 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company presently 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 Wednesday. The stock has a market cap of $390.22 million, a price-to-earnings 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 stock’s 50 day moving average is $19.68 and its 200 day moving average is $18.72.

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

Hedge funds have recently added to or reduced their stakes in the stock. Emerald Acquisition Ltd. acquired a new stake in Heidrick & Struggles International during the second quarter valued at approximately $917,000. Societe Generale acquired a new stake in Heidrick & Struggles International during the second quarter valued at approximately $797,000. Wedge Capital Management L L P NC raised its stake in Heidrick & Struggles International by 196.5% in the second quarter. Wedge Capital Management L L P NC now owns 42,445 shares of the company’s stock valued at $716,000 after buying an additional 28,128 shares in the last quarter. Strs Ohio raised its stake in Heidrick & Struggles International by 8.2% in the second quarter. Strs Ohio now owns 31,500 shares of the company’s stock valued at $531,000 after buying an additional 2,400 shares in the last quarter. Finally, Smith Asset Management Group LP raised its stake in Heidrick & Struggles International by 3.2% in the second quarter. Smith Asset Management Group LP now owns 90,070 shares of the company’s stock valued at $1,520,000 after buying an additional 2,800 shares in the last quarter. Institutional investors and hedge funds own 87.36% of the company’s stock.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc (Heidrick & Struggles) is an advisory firm providing executive search culture shaping and leadership consulting services to businesses and business leaders across the world. The Company operates its executive search and leadership consulting services in three geographic regions, including the Americas (which include the countries in North and South America), Europe (which includes the continents of Europe and Africa) and Asia Pacific (which includes Asia and the Middle East).

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