Heidrick & Struggles International, Inc. (NASDAQ:HSII) - Equities researchers at Barrington Research dropped their Q3 2017 EPS estimates for Heidrick & Struggles International in a research note issued on Wednesday. Barrington Research analyst K. Steinke now forecasts that the business services provider will earn $0.33 per share for the quarter, down from their previous estimate of $0.40. Barrington Research currently has a “Market Perform” rating on the stock. Barrington Research also issued estimates for Heidrick & Struggles International’s Q4 2017 earnings at $0.24 EPS and FY2017 earnings at $1.11 EPS.
Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Monday, July 24th. The business services provider reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by $0.03. Heidrick & Struggles International had a positive return on equity of 8.25% and a negative net margin of 1.66%. The business had revenue of $152.21 million during the quarter, compared to analysts’ expectations of $157.01 million. During the same period in the previous year, the business earned $0.35 earnings per share. The business’s quarterly revenue was up 2.3% on a year-over-year basis. TRADEMARK VIOLATION NOTICE: “Heidrick & Struggles International, Inc. Forecasted to Post Q3 2017 Earnings of $0.33 Per Share (NASDAQ:HSII)” was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this news story can be viewed at https://stocknewstimes.com/2017/08/09/heidrick-struggles-international-inc-forecasted-to-post-q3-2017-earnings-of-0-33-per-share-nasdaqhsii-updated.html.
A number of other equities research analysts have also issued reports on the stock. ValuEngine lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Thursday. Zacks Investment Research lowered shares of Heidrick & Struggles International from a “hold” rating to a “strong sell” rating in a report on Wednesday. TheStreet lowered shares of Heidrick & Struggles International from a “b” rating to a “c” rating in a report on Monday, July 24th. Deutsche Bank AG reaffirmed a “hold” rating and set a $25.00 target price (down previously from $27.00) on shares of Heidrick & Struggles International in a report on Tuesday, July 25th. Finally, BidaskClub lowered shares of Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a report on Thursday, July 6th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $25.00.
Heidrick & Struggles International (NASDAQ HSII) opened at 18.45 on Friday. The stock’s market capitalization is $345.92 million. The firm has a 50 day moving average of $21.71 and a 200-day moving average of $22.89. Heidrick & Struggles International has a 52 week low of $17.37 and a 52 week high of $27.10.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 18th. Investors of record on Friday, August 4th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date is Wednesday, August 2nd. Heidrick & Struggles International’s dividend payout ratio is currently -96.29%.
Several large investors have recently made changes to their positions in HSII. JPMorgan Chase & Co. raised its stake in shares of Heidrick & Struggles International by 70.6% in the first quarter. JPMorgan Chase & Co. now owns 321,540 shares of the business services provider’s stock worth $8,472,000 after buying an additional 133,061 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Heidrick & Struggles International by 7.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,272,325 shares of the business services provider’s stock worth $33,525,000 after buying an additional 90,410 shares in the last quarter. Royce & Associates LP raised its stake in shares of Heidrick & Struggles International by 12.1% in the first quarter. Royce & Associates LP now owns 748,464 shares of the business services provider’s stock worth $19,722,000 after buying an additional 80,868 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Heidrick & Struggles International by 7.9% in the first quarter. Vanguard Group Inc. now owns 993,314 shares of the business services provider’s stock worth $26,173,000 after buying an additional 72,798 shares in the last quarter. Finally, Boston Partners raised its stake in shares of Heidrick & Struggles International by 8.3% in the first quarter. Boston Partners now owns 896,197 shares of the business services provider’s stock worth $23,615,000 after buying an additional 68,749 shares in the last quarter. 83.28% of the stock is owned by hedge funds and other institutional investors.
About Heidrick & Struggles International
Heidrick & Struggles International, Inc is an advisory firm providing executive search, leadership consulting and culture shaping services to businesses and business leaders around the world. Its segments include Executive Search, Leadership Consulting and Culture Shaping. It operates its executive search services in three geographic regions: the Americas (which includes the countries in North and South America); Europe (which includes the continents of Europe and Africa), and Asia Pacific (which includes Asia and the region generally known as the Middle East).
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