Wall Street analysts expect Heidrick & Struggles International, Inc. (NASDAQ:HSII) to announce $152.78 million in sales for the current quarter, according to Zacks. Four analysts have issued estimates for Heidrick & Struggles International’s earnings, with estimates ranging from $151.27 million to $154.41 million. Heidrick & Struggles International reported sales of $143.52 million during the same quarter last year, which would suggest a positive year over year growth rate of 6.5%. The firm is expected to report its next quarterly earnings report 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 financial year, with estimates ranging from $603.50 million to $606.65 million. For the next financial year, analysts anticipate that the firm will post sales of $628.27 million per share, with estimates ranging from $618.37 million to $633.09 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for Heidrick & Struggles International.

Heidrick & Struggles International (NASDAQ:HSII) last issued its earnings results on Monday, July 24th. The business services provider reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.03). The business had revenue of $152.21 million for the quarter, compared to the consensus estimate of $157.01 million. Heidrick & Struggles International had a negative net margin of 1.66% and a positive return on equity of 8.25%. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period last year, the business posted $0.35 EPS.

Several research firms have recently weighed in on HSII. ValuEngine upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. BidaskClub downgraded Heidrick & Struggles International from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 6th. Zacks Investment Research upgraded Heidrick & Struggles International from a “sell” rating to a “hold” rating in a research report on Wednesday. Barrington Research downgraded Heidrick & Struggles International from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 26th. Finally, TheStreet downgraded Heidrick & Struggles International from a “b” rating to a “c” rating in a research report on Monday, July 24th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $25.00.

Shares of Heidrick & Struggles International (HSII) traded up 2.43% during mid-day trading on Thursday, reaching $21.10. The company had a trading volume of 32,309 shares. The company has a market capitalization of $393.94 million, a price-to-earnings ratio of 26.05 and a beta of 1.59. The stock has a 50 day moving average of $18.41 and a 200-day moving average of $21.82. Heidrick & Struggles International has a 52 week low of $17.37 and a 52 week high of $27.10.

Several large investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company increased its holdings 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 valued at $324,000 after purchasing an additional 39 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Heidrick & Struggles International by 2.1% in the first quarter. PNC Financial Services Group Inc. now owns 7,164 shares of the business services provider’s stock valued at $188,000 after purchasing an additional 147 shares during the last quarter. Arizona State Retirement System increased its holdings in shares of Heidrick & Struggles International by 2.1% in the first quarter. Arizona State Retirement System now owns 9,726 shares of the business services provider’s stock valued at $256,000 after purchasing an additional 200 shares during the last quarter. Texas Permanent School Fund increased its holdings in shares of Heidrick & Struggles International by 1.7% in the second quarter. Texas Permanent School Fund now owns 13,679 shares of the business services provider’s stock valued at $298,000 after purchasing an additional 224 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of Heidrick & Struggles International by 1.7% in the second quarter. Wells Fargo & Company MN now owns 13,709 shares of the business services provider’s stock valued at $299,000 after purchasing an additional 229 shares during the last quarter. 84.16% of the stock is owned by hedge funds and other institutional investors.

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

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