Heidrick & Struggles International (NASDAQ:HSII) Issues Quarterly Earnings Results, Beats Estimates 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, topping the consensus estimate of $0.68 by $0.04, Zacks reports. The business had revenue of $282.82 million for the quarter, compared to the consensus estimate of $267.65 million. Heidrick & Struggles International had a net margin of 3.59% and a return on equity of 12.66%. During the same quarter in the prior year, the company earned $0.73 EPS. Heidrick & Struggles International updated its Q4 2024 guidance to EPS.

Heidrick & Struggles International Price Performance

Shares of HSII traded up $3.02 during mid-day trading on Tuesday, hitting $42.95. 58,888 shares of the company’s stock were exchanged, compared to its average volume of 150,888. The company has a market cap of $872.74 million, a PE ratio of 22.98, a P/E/G ratio of 0.94 and a beta of 0.85. Heidrick & Struggles International has a 52 week low of $24.90 and a 52 week high of $43.23. The company has a 50-day simple moving average of $37.94 and a 200 day simple moving average of $35.39.

Heidrick & Struggles International Dividend Announcement

The firm also recently announced 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 1.40%. Heidrick & Struggles International’s payout ratio is 32.09%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. StockNews.com downgraded shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Tuesday, July 30th. 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. Finally, Truist Financial restated a “hold” rating and set a $40.00 target price (up from $33.00) on shares of Heidrick & Struggles International in a research report on Tuesday.

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.