Equities Analysts Set Expectations for Heidrick & Struggles International, Inc.’s Q1 2024 Earnings (NASDAQ:HSII)

Heidrick & Struggles International, Inc. (NASDAQ:HSII) – Equities researchers at Sidoti Csr decreased their Q1 2024 earnings per share estimates for shares of Heidrick & Struggles International in a research note issued to investors on Tuesday, April 30th. Sidoti Csr analyst M. Riddick now forecasts that the business services provider will post earnings per share of $0.52 for the quarter, down from their prior estimate of $0.73. 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 Q2 2024 earnings at $0.53 EPS, Q3 2024 earnings at $0.55 EPS, Q4 2024 earnings at $0.45 EPS, FY2024 earnings at $2.05 EPS, Q1 2025 earnings at $0.60 EPS, Q2 2025 earnings at $0.63 EPS, Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.53 EPS and FY2025 earnings at $2.40 EPS.

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

Several other equities research analysts also recently weighed in on the company. StockNews.com raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Tuesday, March 12th. Truist Financial lifted their price target on Heidrick & Struggles International from $27.00 to $30.00 and gave the company a “hold” rating in a research note on Tuesday, February 27th. TheStreet raised Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research note on Monday, February 12th. Finally, Barrington Research reiterated an “outperform” rating and set a $40.00 target price on shares of Heidrick & Struggles International in a research report on Monday, March 4th.

Heidrick & Struggles International Price Performance

Shares of Heidrick & Struggles International stock opened at $29.83 on Thursday. The company’s 50 day moving average price is $31.68 and its two-hundred day moving average price is $29.06. The firm has a market capitalization of $602.86 million, a P/E ratio of 11.18, a P/E/G ratio of 0.76 and a beta of 0.88. Heidrick & Struggles International has a fifty-two week low of $22.52 and a fifty-two week high of $35.38.

Heidrick & Struggles International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Friday, March 8th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend was Thursday, March 7th. Heidrick & Struggles International’s dividend payout ratio is presently 22.64%.

Hedge Funds Weigh In On Heidrick & Struggles International

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Assenagon Asset Management S.A. grew its holdings in Heidrick & Struggles International by 77.4% in the third quarter. Assenagon Asset Management S.A. now owns 297,188 shares of the business services provider’s stock worth $7,436,000 after purchasing an additional 129,644 shares during the period. Wellington Management Group LLP bought a new stake in Heidrick & Struggles International in the 3rd quarter valued at about $2,870,000. Allianz Asset Management GmbH raised its stake in Heidrick & Struggles International by 37.7% during the 4th quarter. Allianz Asset Management GmbH now owns 163,130 shares of the business services provider’s stock worth $4,817,000 after buying an additional 44,652 shares during the period. Inspire Investing LLC bought a new position in Heidrick & Struggles International in the third quarter worth approximately $617,000. Finally, Campbell & CO Investment Adviser LLC boosted its holdings in Heidrick & Struggles International by 121.6% in the third quarter. Campbell & CO Investment Adviser LLC now owns 34,335 shares of the business services provider’s stock worth $859,000 after acquiring an additional 18,842 shares in the last quarter. Institutional investors and hedge funds own 90.13% of the company’s stock.

Heidrick & Struggles International Company Profile

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.