Heidrick & Struggles International (NASDAQ:HSII) Given New $50.00 Price Target at Barrington Research

Heidrick & Struggles International (NASDAQ:HSII) had its price target raised by equities researchers at Barrington Research from $44.00 to $50.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has an “outperform” rating on the business services provider’s stock. Barrington Research’s price target would suggest a potential upside of 8.37% from the company’s previous close.

Several other brokerages have also issued reports on HSII. Truist Financial reiterated a “hold” rating and issued a $40.00 price target (up from $33.00) on shares of Heidrick & Struggles International in a research note on Tuesday, November 5th. StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th.

Heidrick & Struggles International Trading Up 0.0 %

Shares of Heidrick & Struggles International stock opened at $46.14 on Monday. Heidrick & Struggles International has a 12-month low of $26.52 and a 12-month high of $49.02. The company’s fifty day simple moving average is $41.24 and its two-hundred day simple moving average is $37.40. The company has a market cap of $941.72 million, a P/E ratio of 24.94, a PEG ratio of 1.08 and a beta of 0.85.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.04. The company had revenue of $282.82 million for the quarter, compared to analyst estimates of $267.65 million. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. During the same period in the previous year, the company posted $0.73 earnings per share. Analysts predict that Heidrick & Struggles International will post 2.68 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Pacer Advisors Inc. bought a new position in shares of Heidrick & Struggles International during the second quarter valued at $29,938,000. Mak Capital One LLC raised its position in Heidrick & Struggles International by 35.2% in the 2nd quarter. Mak Capital One LLC now owns 993,408 shares of the business services provider’s stock worth $31,372,000 after buying an additional 258,583 shares during the last quarter. Empowered Funds LLC lifted its stake in Heidrick & Struggles International by 43.4% during the 3rd quarter. Empowered Funds LLC now owns 185,273 shares of the business services provider’s stock valued at $7,200,000 after acquiring an additional 56,047 shares during the period. Systematic Financial Management LP boosted its holdings in shares of Heidrick & Struggles International by 8.4% during the 3rd quarter. Systematic Financial Management LP now owns 554,298 shares of the business services provider’s stock valued at $21,540,000 after acquiring an additional 43,087 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of Heidrick & Struggles International by 55.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 118,414 shares of the business services provider’s stock worth $4,602,000 after acquiring an additional 42,195 shares during the period. 90.13% of the stock is owned by hedge funds and other institutional investors.

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.