Heidrick & Struggles International, Inc. (NASDAQ:HSII) Forecasted to Earn FY2024 Earnings of $2.20 Per Share

Heidrick & Struggles International, Inc. (NASDAQ:HSII) Forecasted to Earn FY2024 Earnings of $2.20 Per Share

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Heidrick & Struggles International, Inc. (NASDAQ:HSII - Free Report) - Investment analysts at Sidoti Csr boosted their FY2024 EPS estimates for shares of Heidrick & Struggles International in a research report issued to clients and investors on Tuesday, May 7th. Sidoti Csr analyst M. Riddick now anticipates that the business services provider will post earnings of $2.20 per share for the year, up from their prior forecast of $2.05. The consensus estimate for Heidrick & Struggles International's current full-year earnings is $2.41 per share. Sidoti Csr also issued estimates for Heidrick & Struggles International's Q1 2025 earnings at $0.65 EPS, Q2 2025 earnings at $0.65 EPS, Q3 2025 earnings at $0.66 EPS, Q4 2025 earnings at $0.54 EPS and FY2025 earnings at $2.50 EPS.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released its earnings results on Monday, February 26th. The business services provider reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.03. The company had revenue of $253.16 million during the quarter, compared to analysts' expectations of $248.17 million. Heidrick & Struggles International had a net margin of 5.23% and a return on equity of 13.81%.

A number of other analysts have also recently commented on the stock. Barrington Research reiterated an "outperform" rating and issued a $40.00 target price on shares of Heidrick & Struggles International in a research note on Monday, March 4th. Truist Financial lifted their target price on shares of Heidrick & Struggles International from $30.00 to $33.00 and gave the stock a "hold" rating in a research note on Tuesday. TheStreet upgraded shares of Heidrick & Struggles International from a "c+" rating to a "b-" rating in a research note on Monday, February 12th. Finally, StockNews.com upgraded shares of Heidrick & Struggles International from a "hold" rating to a "buy" rating in a research note on Tuesday, March 12th.


Read Our Latest Report on Heidrick & Struggles International

Heidrick & Struggles International Stock Performance

HSII stock traded up $0.88 during trading on Friday, reaching $33.22. The company had a trading volume of 154,592 shares, compared to its average volume of 136,108. The firm has a 50-day simple moving average of $31.54 and a 200-day simple moving average of $29.25. The company has a market cap of $672.64 million, a price-to-earnings ratio of 12.63, a price-to-earnings-growth ratio of 0.77 and a beta of 0.88. Heidrick & Struggles International has a twelve month low of $22.52 and a twelve month high of $35.38.

Heidrick & Struggles International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Thursday, May 16th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend is Wednesday, May 15th. Heidrick & Struggles International's payout ratio is 23.44%.

Hedge Funds Weigh In On Heidrick & Struggles International

Several large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in shares of Heidrick & Struggles International by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,319,499 shares of the business services provider's stock valued at $38,965,000 after purchasing an additional 17,997 shares during the period. LSV Asset Management increased its holdings in Heidrick & Struggles International by 2.7% in the 1st quarter. LSV Asset Management now owns 309,558 shares of the business services provider's stock worth $10,420,000 after acquiring an additional 8,191 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in Heidrick & Struggles International by 77.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 297,188 shares of the business services provider's stock worth $7,436,000 after acquiring an additional 129,644 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Heidrick & Struggles International by 5.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 276,703 shares of the business services provider's stock worth $8,171,000 after buying an additional 15,302 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of Heidrick & Struggles International by 95.0% during the fourth quarter. Wellington Management Group LLP now owns 223,616 shares of the business services provider's stock worth $6,603,000 after buying an additional 108,916 shares in the last quarter. 90.13% of the stock is currently owned by institutional investors and hedge funds.

About Heidrick & Struggles International

(Get Free Report)

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. It enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.

Further Reading

Earnings History and Estimates for Heidrick & Struggles International (NASDAQ:HSII)

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