Equities analysts expect that Heidrick & Struggles International, Inc. (NASDAQ:HSII) will post $170.61 million in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Heidrick & Struggles International’s earnings. The highest sales estimate is $178.40 million and the lowest is $162.82 million. Heidrick & Struggles International posted sales of $160.07 million in the same quarter last year, which would indicate a positive year over year growth rate of 6.6%. The company is expected to issue its next quarterly earnings results on Monday, April 22nd.
On average, analysts expect that Heidrick & Struggles International will report full-year sales of $729.04 million for the current financial year, with estimates ranging from $715.23 million to $737.20 million. For the next year, analysts expect that the business will post sales of $767.50 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Heidrick & Struggles International.
Get Heidrick & Struggles International alerts:Several analysts recently issued reports on HSII shares. Zacks Investment Research upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a report on Thursday, January 10th. TheStreet upgraded Heidrick & Struggles International from a “c+” rating to a “b-” rating in a report on Tuesday, January 15th. BidaskClub upgraded Heidrick & Struggles International from a “strong sell” rating to a “sell” rating in a report on Thursday, December 13th. Barrington Research increased their price objective on Heidrick & Struggles International to $51.00 and gave the stock an “outperform” rating in a report on Wednesday, February 27th. Finally, ValuEngine upgraded Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday, February 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Heidrick & Struggles International presently has an average rating of “Buy” and an average price target of $43.50.
Large investors have recently made changes to their positions in the stock. Meeder Asset Management Inc. bought a new position in Heidrick & Struggles International during the fourth quarter valued at about $38,000. Municipal Employees Retirement System of Michigan bought a new position in Heidrick & Struggles International during the fourth quarter valued at about $171,000. Metropolitan Life Insurance Co. NY raised its holdings in Heidrick & Struggles International by 400.0% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 6,560 shares of the business services provider’s stock valued at $205,000 after buying an additional 5,248 shares in the last quarter. Hartford Investment Management Co. bought a new position in Heidrick & Struggles International during the fourth quarter valued at about $206,000. Finally, Laurion Capital Management LP bought a new position in Heidrick & Struggles International during the third quarter valued at about $212,000. Institutional investors and hedge funds own 91.82% of the company’s stock.
Shares of NASDAQ:HSII traded down $1.15 during midday trading on Tuesday, hitting $40.65. 148,300 shares of the stock were exchanged, compared to its average volume of 147,469. Heidrick & Struggles International has a 52-week low of $28.25 and a 52-week high of $45.28. The firm has a market cap of $772.96 million, a price-to-earnings ratio of 16.13, a P/E/G ratio of 1.03 and a beta of 1.38.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 22nd. Investors of record on Friday, March 8th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.48%. This is a positive change from Heidrick & Struggles International’s previous quarterly dividend of $0.13. The ex-dividend date is Thursday, March 7th. Heidrick & Struggles International’s dividend payout ratio (DPR) is currently 20.63%.
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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