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

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Heidrick & Struggles International, Inc. (NASDAQ:HSII) has received a consensus rating of “Buy” from the seven ratings firms that are currently 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 1-year price target among analysts that have updated their coverage on the stock in the last year is $40.50.

A number of equities analysts have issued reports on the company. Zacks Investment Research raised Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $42.00 target price on the stock in a research report on Thursday, November 1st. Barrington Research set a $45.00 target price on Heidrick & Struggles International and gave the company a “buy” rating in a research report on Monday, November 5th. ValuEngine raised Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st. Credit Suisse Group assumed coverage on Heidrick & Struggles International in a research report on Friday, August 10th. They issued a “neutral” rating and a $40.00 target price on the stock. Finally, TheStreet lowered Heidrick & Struggles International from a “b-” rating to a “c+” rating in a research report on Friday, September 28th.

Hedge funds and other institutional investors have recently modified their holdings of the company. Itau Unibanco Holding S.A. bought a new stake in shares of Heidrick & Struggles International in the 2nd quarter valued at approximately $149,000. Piedmont Investment Advisors LLC bought a new stake in shares of Heidrick & Struggles International in the 2nd quarter valued at approximately $154,000. Tower Research Capital LLC TRC increased its holdings in shares of Heidrick & Struggles International by 567.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,921 shares of the business services provider’s stock valued at $172,000 after acquiring an additional 4,184 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Heidrick & Struggles International by 63.0% in the 2nd quarter. SG Americas Securities LLC now owns 5,292 shares of the business services provider’s stock valued at $185,000 after acquiring an additional 2,045 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. bought a new stake in shares of Heidrick & Struggles International in the 2nd quarter valued at approximately $247,000. Institutional investors and hedge funds own 89.83% of the company’s stock.

Shares of HSII opened at $35.33 on Tuesday. Heidrick & Struggles International has a 52-week low of $20.95 and a 52-week high of $45.28. The company has a market capitalization of $663.94 million, a price-to-earnings ratio of 32.41, a price-to-earnings-growth ratio of 1.09 and a beta of 1.51.

Heidrick & Struggles International (NASDAQ:HSII) last announced its earnings results on Monday, October 29th. The business services provider reported $0.85 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.37. Heidrick & Struggles International had a positive return on equity of 17.49% and a negative net margin of 0.15%. The company had revenue of $192.34 million for the quarter, compared to analyst estimates of $175.81 million. Equities research analysts anticipate that Heidrick & Struggles International will post 2.38 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 23rd. Stockholders of record on Friday, November 9th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Thursday, November 8th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.47%. Heidrick & Struggles International’s dividend payout ratio (DPR) is 47.71%.

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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