Heidrick & Struggles International (NASDAQ:HSII) Announces Earnings Results, Beats Expectations By $0.04 EPS

Heidrick & Struggles International (NASDAQ:HSII) announced its earnings results on Monday. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04, Zacks reports. Heidrick & Struggles International had a net margin of 3.59% and a return on equity of 12.66%. The firm had revenue of $282.82 million for the quarter, compared to analyst estimates of $267.65 million. During the same quarter last year, the business earned $0.73 earnings per share. Heidrick & Struggles International updated its Q4 2024 guidance to EPS.

Heidrick & Struggles International Price Performance

Heidrick & Struggles International stock traded up $3.02 during midday trading on Tuesday, hitting $42.95. 58,888 shares of the stock were exchanged, compared to its average volume of 150,888. Heidrick & Struggles International has a 1 year low of $24.90 and a 1 year high of $43.23. The firm has a market cap of $872.74 million, a P/E ratio of 22.98, a P/E/G ratio of 0.94 and a beta of 0.85. The company has a 50 day moving average price of $37.94 and a two-hundred day moving average price of $35.39.

Heidrick & Struggles International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.40%. Heidrick & Struggles International’s dividend payout ratio is presently 32.09%.

Analyst Ratings Changes

A number of brokerages recently issued reports on HSII. Barrington Research restated an “outperform” rating and set a $44.00 target price on shares of Heidrick & Struggles International in a research report on Friday, September 20th. Truist Financial reiterated a “hold” rating and issued a $40.00 price target (up previously from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday. Finally, StockNews.com lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Tuesday, July 30th.

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.