Heidrick & Struggles International (NASDAQ:HSII) Releases Earnings Results, Beats Estimates By $0.11 EPS

Heidrick & Struggles International (NASDAQ:HSII) released its quarterly earnings data on Monday. The business services provider reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.11, Zacks reports. Heidrick & Struggles International had a net margin of 3.59% and a return on equity of 12.69%. The company had revenue of $282.88 million during the quarter, compared to analyst estimates of $265.69 million. During the same period last year, the business earned $0.73 earnings per share. Heidrick & Struggles International updated its Q3 2024 guidance to EPS.

Heidrick & Struggles International Stock Performance

Shares of HSII opened at $41.21 on Wednesday. The firm has a market cap of $834.50 million, a price-to-earnings ratio of 16.10, a PEG ratio of 0.92 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 $41.94. The firm has a 50 day moving average price of $33.73 and a 200-day moving average price of $32.05.

Heidrick & Struggles International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 22nd. Stockholders of record on Friday, August 9th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.46%. Heidrick & Struggles International’s payout ratio is 23.44%.

Wall Street Analyst Weigh In

HSII has been the subject of a number of analyst reports. Barrington Research restated an “outperform” rating and issued a $40.00 price objective on shares of Heidrick & Struggles International in a research report on Thursday, May 16th. StockNews.com lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Truist Financial lifted their target price on shares of Heidrick & Struggles International from $30.00 to $33.00 and gave the company a “hold” rating in a research report on Tuesday, May 7th.

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.