Heidrick & Struggles International, Inc. (HSII) Given Consensus Recommendation of “Buy” by Brokerages

Heidrick & Struggles International, Inc. (NASDAQ:HSII) has earned an average recommendation of “Buy” from the seven analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $41.75.

Several analysts have commented on the company. Zacks Investment Research cut Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Wednesday, June 27th. Barrington Research restated a “buy” rating on shares of Heidrick & Struggles International in a report on Monday, July 23rd. BidaskClub cut Heidrick & Struggles International from a “hold” rating to a “sell” rating in a report on Friday, July 13th. ValuEngine upgraded Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 24th. Finally, SunTrust Banks lifted their price target on Heidrick & Struggles International to $35.00 and gave the company a “hold” rating in a report on Tuesday, April 24th.

HSII traded down $1.40 during midday trading on Friday, hitting $42.40. The company’s stock had a trading volume of 111,364 shares, compared to its average volume of 165,090. The stock has a market capitalization of $830.39 million, a price-to-earnings ratio of 38.90, a price-to-earnings-growth ratio of 1.61 and a beta of 1.67. Heidrick & Struggles International has a 52-week low of $17.90 and a 52-week high of $44.35.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings results on Monday, July 30th. The business services provider reported $0.59 EPS for the quarter, beating the consensus estimate of $0.45 by $0.14. The company had revenue of $183.06 million during the quarter, compared to analysts’ expectations of $164.31 million. Heidrick & Struggles International had a positive return on equity of 13.98% and a negative net margin of 1.36%. equities research analysts predict that Heidrick & Struggles International will post 2.01 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 24th. Stockholders of record on Friday, August 10th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Thursday, August 9th. Heidrick & Struggles International’s payout ratio is currently 47.71%.

Large investors have recently modified their holdings of the company. Prudential Financial Inc. grew its holdings in shares of Heidrick & Struggles International by 172.5% during the 1st quarter. Prudential Financial Inc. now owns 143,814 shares of the business services provider’s stock worth $4,494,000 after purchasing an additional 91,043 shares during the period. American Century Companies Inc. purchased a new stake in shares of Heidrick & Struggles International during the 1st quarter worth about $955,000. Millennium Management LLC grew its holdings in shares of Heidrick & Struggles International by 213.6% during the 4th quarter. Millennium Management LLC now owns 220,421 shares of the business services provider’s stock worth $5,411,000 after purchasing an additional 150,127 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Heidrick & Struggles International by 45.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 123,641 shares of the business services provider’s stock worth $3,035,000 after purchasing an additional 38,352 shares during the period. Finally, Alambic Investment Management L.P. lifted its position in Heidrick & Struggles International by 45.9% during the 1st quarter. Alambic Investment Management L.P. now owns 67,421 shares of the business services provider’s stock worth $2,107,000 after acquiring an additional 21,221 shares in the last quarter. Institutional investors and hedge funds own 85.54% of the company’s stock.

Heidrick & Struggles International 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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