Analysts expect Heidrick & Struggles International, Inc. (NASDAQ:HSII) to announce $152.78 million in sales for the current quarter, Zacks reports. Four analysts have made estimates for Heidrick & Struggles International’s earnings, with the highest sales estimate coming in at $154.41 million and the lowest estimate coming in at $151.27 million. Heidrick & Struggles International posted sales of $143.52 million during the same quarter last year, which would indicate a positive year over year growth rate of 6.5%. The business is expected to report its next quarterly earnings results on Monday, October 23rd.

According to Zacks, analysts expect that Heidrick & Struggles International will report full year sales of $152.78 million for the current fiscal year, with estimates ranging from $603.50 million to $606.65 million. For the next year, analysts forecast that the company will post sales of $628.27 million per share, with estimates ranging from $618.37 million to $633.09 million. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Heidrick & Struggles International.

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 the consensus estimate of $0.36 by $0.03. Heidrick & Struggles International had a negative net margin of 1.66% and a positive return on equity of 8.25%. The business had revenue of $152.21 million for the quarter, compared to analysts’ expectations of $157.01 million. During the same quarter in the prior year, the company posted $0.35 EPS. The business’s revenue for the quarter was up 2.3% on a year-over-year basis.

Several equities research analysts have recently issued reports on HSII shares. Zacks Investment Research raised shares of Heidrick & Struggles International from a “hold” rating to a “strong-buy” rating and set a $25.00 price objective for the company in a research report on Friday, April 28th. Deutsche Bank AG lifted their price objective on shares of Heidrick & Struggles International from $25.00 to $27.00 and gave the stock a “hold” rating in a research report on Tuesday, April 25th. TheStreet cut shares of Heidrick & Struggles International from a “b” rating to a “c” rating in a research report on Monday, July 24th. Barrington Research cut shares of Heidrick & Struggles International from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 26th. Finally, BidaskClub cut shares of Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 6th. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $25.00.

Shares of Heidrick & Struggles International (NASDAQ:HSII) opened at 18.30 on Monday. Heidrick & Struggles International has a one year low of $17.37 and a one year high of $27.10. The stock’s 50 day moving average price is $20.16 and its 200 day moving average price is $22.43. The stock’s market cap is $343.75 million.

The business also recently declared a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Friday, August 4th were given a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, August 2nd. This represents a $0.52 dividend on an annualized basis and a yield of 2.84%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently -96.29%.

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A number of large investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company boosted its stake in shares of Heidrick & Struggles International by 0.3% in the second quarter. The Manufacturers Life Insurance Company now owns 14,915 shares of the business services provider’s stock worth $324,000 after buying an additional 39 shares during the period. State Street Corp boosted its stake in shares of Heidrick & Struggles International by 1.9% in the second quarter. State Street Corp now owns 449,811 shares of the business services provider’s stock worth $9,784,000 after buying an additional 8,193 shares during the period. Zurich Insurance Group Ltd FI bought a new stake in shares of Heidrick & Struggles International during the second quarter worth $868,000. Voya Investment Management LLC boosted its stake in shares of Heidrick & Struggles International by 144.7% in the second quarter. Voya Investment Management LLC now owns 26,678 shares of the business services provider’s stock worth $580,000 after buying an additional 15,777 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Heidrick & Struggles International by 8.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,378,516 shares of the business services provider’s stock worth $29,983,000 after buying an additional 106,191 shares during the period. 85.34% of the stock is owned by hedge funds and other institutional investors.

Heidrick & Struggles International Company Profile

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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Earnings History and Estimates for Heidrick & Struggles International (NASDAQ:HSII)

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