Heidrick & Struggles International (NASDAQ:HSII) Announces Earnings Results

Heidrick & Struggles International (NASDAQ:HSII) posted its earnings results on Monday. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04, Zacks reports. The firm had revenue of $282.82 million during the quarter, compared to analyst estimates of $267.65 million. Heidrick & Struggles International had a net margin of 3.59% and a return on equity of 12.66%. During the same period in the previous year, the business posted $0.73 EPS. Heidrick & Struggles International updated its Q4 2024 guidance to EPS.

Heidrick & Struggles International Stock Up 7.6 %

Shares of HSII stock traded up $3.02 during trading hours on Tuesday, reaching $42.95. 58,888 shares of the stock traded hands, compared to its average volume of 150,888. Heidrick & Struggles International has a 1-year low of $24.90 and a 1-year high of $43.23. The business has a fifty day moving average price of $37.94 and a 200 day moving average price of $35.39. The firm has a market capitalization of $872.74 million, a PE ratio of 22.98, a PEG ratio of 0.94 and a beta of 0.85.

Heidrick & Struggles International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.40%. Heidrick & Struggles International’s dividend payout ratio is currently 32.09%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HSII. StockNews.com lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Truist Financial restated a “hold” rating and set a $40.00 price target (up previously from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday. Finally, Barrington Research restated an “outperform” rating and set a $44.00 price target on shares of Heidrick & Struggles International in a report on Friday, September 20th.

About Heidrick & Struggles International

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.