Barrington Research Weighs in on Heidrick & Struggles’ Q2 2018 Earnings (HSII)

Heidrick & Struggles (NASDAQ:HSII) – Barrington Research issued their Q2 2018 EPS estimates for Heidrick & Struggles in a report released on Tuesday, Zacks Investment Research reports. Barrington Research analyst K. Steinke forecasts that the business services provider will earn $0.47 per share for the quarter. Barrington Research also issued estimates for Heidrick & Struggles’ Q4 2018 earnings at $0.28 EPS and FY2018 earnings at $1.60 EPS.

Several other analysts also recently commented on HSII. BidaskClub raised shares of Heidrick & Struggles from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 21st. Zacks Investment Research downgraded shares of Heidrick & Struggles from a “buy” rating to a “hold” rating in a report on Thursday, March 8th. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. Heidrick & Struggles has an average rating of “Hold” and a consensus target price of $25.33.

Shares of HSII stock traded down $0.85 during trading hours on Friday, hitting $30.40. The company’s stock had a trading volume of 95,221 shares, compared to its average volume of 115,050. The company has a market capitalization of $587.92, a P/E ratio of 27.71, a price-to-earnings-growth ratio of 1.50 and a beta of 1.40. Heidrick & Struggles has a 12-month low of $17.90 and a 12-month high of $32.65.

Heidrick & Struggles (NASDAQ:HSII) last released its earnings results on Monday, February 26th. The business services provider reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.17). The company had revenue of $169.38 million for the quarter, compared to analysts’ expectations of $156.62 million. Heidrick & Struggles had a positive return on equity of 8.65% and a negative net margin of 7.60%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.23 EPS.

Several institutional investors and hedge funds have recently bought and sold shares of HSII. Millennium Management LLC lifted its stake in shares of Heidrick & Struggles by 213.6% in the 4th quarter. Millennium Management LLC now owns 220,421 shares of the business services provider’s stock valued at $5,411,000 after purchasing an additional 150,127 shares during the period. Two Sigma Investments LP acquired a new position in shares of Heidrick & Struggles in the 4th quarter valued at $2,179,000. Chartwell Investment Partners LLC lifted its stake in shares of Heidrick & Struggles by 79.8% in the 4th quarter. Chartwell Investment Partners LLC now owns 177,826 shares of the business services provider’s stock valued at $4,366,000 after purchasing an additional 78,947 shares during the period. Spark Investment Management LLC acquired a new position in shares of Heidrick & Struggles in the 4th quarter valued at $1,833,000. Finally, Allianz Asset Management GmbH acquired a new position in shares of Heidrick & Struggles in the 4th quarter valued at $1,660,000. Hedge funds and other institutional investors own 83.59% of the company’s stock.

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Heidrick & Struggles Company Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, culture shaping, and leadership consulting services on a retained basis to businesses and business leaders in the Americas, Europe, the Asia Pacific, and internationally. The company enables its clients to build leadership teams by facilitating the recruitment, management, and deployment of senior executives.

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

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