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

Heidrick & Struggles International (NASDAQ:HSII) issued its quarterly earnings results on Monday. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04, Zacks reports. The company had revenue of $282.82 million during the quarter, compared to analysts’ expectations of $267.65 million. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.51%. During the same period last year, the company posted $0.73 EPS. Heidrick & Struggles International updated its Q4 2024 guidance to EPS.

Heidrick & Struggles International Stock Performance

Shares of NASDAQ:HSII traded down $0.66 during midday trading on Thursday, reaching $46.75. 47,359 shares of the company’s stock traded hands, compared to its average volume of 152,010. Heidrick & Struggles International has a one year low of $25.13 and a one year high of $47.80. The stock has a 50 day moving average of $38.21 and a 200 day moving average of $35.56. The company has a market cap of $949.96 million, a price-to-earnings ratio of 25.63, a P/E/G ratio of 0.95 and a beta of 0.85.

Heidrick & Struggles International Announces Dividend

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 issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, November 14th. Heidrick & Struggles International’s payout ratio is 32.43%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on HSII shares. StockNews.com upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a report on Wednesday. Barrington Research reiterated an “outperform” rating and set a $44.00 price objective on shares of Heidrick & Struggles International in a research note on Friday, September 20th. Finally, Truist Financial reissued a “hold” rating and issued a $40.00 target price (up from $33.00) on shares of Heidrick & Struggles International in a research note on Tuesday.

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.