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

Heidrick & Struggles International (NASDAQ:HSII) released its quarterly earnings data on Monday. The business services provider reported $0.72 earnings per share 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 business had revenue of $282.82 million for the quarter, compared to analysts’ expectations of $267.65 million. During the same quarter last year, the company earned $0.73 EPS. Heidrick & Struggles International updated its Q4 2024 guidance to EPS.

Heidrick & Struggles International Trading Up 7.6 %

NASDAQ HSII traded up $3.02 during trading on Tuesday, reaching $42.95. The company’s stock had a trading volume of 58,888 shares, compared to its average volume of 150,888. The stock has a market capitalization of $872.74 million, a PE ratio of 22.98, a PEG ratio of 0.94 and a beta of 0.85. The business has a 50-day moving average price of $37.94 and a 200-day moving average price of $35.39. Heidrick & Struggles International has a 1-year low of $24.90 and a 1-year high of $43.23.

Heidrick & Struggles International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders 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 yield of 1.40%. Heidrick & Struggles International’s dividend payout ratio (DPR) is presently 32.09%.

Analyst Ratings Changes

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

About Heidrick & Struggles International

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.