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

Heidrick & Struggles International (NASDAQ:HSII) posted its quarterly earnings results on Monday. The business services provider reported $0.67 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $265.69 million. During the same quarter last year, the firm posted $0.73 earnings per share. Heidrick & Struggles International updated its Q3 2024 guidance to EPS.

Heidrick & Struggles International Stock Down 0.4 %

Shares of NASDAQ:HSII opened at $41.05 on Wednesday. The company has a market cap of $831.26 million, a PE ratio of 16.10, a P/E/G ratio of 0.92 and a beta of 0.88. The company’s 50-day moving average price is $33.73 and its 200 day moving average price is $32.05. Heidrick & Struggles International has a fifty-two week low of $22.52 and a fifty-two week high of $41.94.

Heidrick & Struggles International Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on HSII shares. Barrington Research reaffirmed an “outperform” rating and set a $40.00 price target on shares of Heidrick & Struggles International in a report on Thursday, May 16th. StockNews.com lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Truist Financial raised their price objective on shares of Heidrick & Struggles International from $30.00 to $33.00 and gave the stock a “hold” rating in a 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.