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

Heidrick & Struggles International (NASDAQ:HSII) posted its quarterly earnings data on Monday. The business services provider reported $0.72 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 return on equity of 12.51% and a net margin of 3.53%. During the same quarter in the prior year, the business earned $0.73 earnings per share. Heidrick & Struggles International updated its Q4 2024 guidance to EPS.

Heidrick & Struggles International Price Performance

Shares of Heidrick & Struggles International stock traded down $0.66 on Thursday, reaching $46.75. The company had a trading volume of 47,359 shares, compared to its average volume of 152,010. Heidrick & Struggles International has a 1 year low of $25.13 and a 1 year high of $47.80. The firm 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. The firm’s 50-day moving average price is $38.21 and its two-hundred day moving average price is $35.56.

Heidrick & Struggles International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Thursday, November 14th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date is Thursday, November 14th. Heidrick & Struggles International’s payout ratio is 32.43%.

Analysts Set New Price Targets

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