What is Sidoti Csr’s Estimate for HSII FY2024 Earnings?

Heidrick & Struggles International, Inc. (NASDAQ:HSII) – Stock analysts at Sidoti Csr boosted their FY2024 earnings estimates for shares of Heidrick & Struggles International in a report issued on Wednesday, November 6th. Sidoti Csr analyst M. Riddick now anticipates that the business services provider will post earnings per share of $2.50 for the year, up from their prior forecast of $2.30. The consensus estimate for Heidrick & Struggles International’s current full-year earnings is $2.62 per share. Sidoti Csr also issued estimates for Heidrick & Struggles International’s FY2026 earnings at $3.14 EPS.

Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.51%. The firm had revenue of $282.82 million for the quarter, compared to analyst estimates of $267.65 million. During the same quarter in the prior year, the firm earned $0.73 EPS.

HSII has been the topic of a number of other research reports. StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Wednesday. Barrington Research reaffirmed an “outperform” rating and issued a $44.00 price target on shares of Heidrick & Struggles International in a research note on Friday, September 20th. Finally, Truist Financial reaffirmed a “hold” rating and issued a $40.00 price target (up previously from $33.00) on shares of Heidrick & Struggles International in a research note on Tuesday.

Heidrick & Struggles International Price Performance

Shares of NASDAQ:HSII opened at $46.34 on Friday. The stock has a market cap of $941.63 million, a price-to-earnings ratio of 25.05, a P/E/G ratio of 0.95 and a beta of 0.85. The company has a 50 day moving average of $38.37 and a 200-day moving average of $35.63. Heidrick & Struggles International has a one year low of $25.13 and a one year high of $47.80.

Heidrick & Struggles International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, November 14th. This represents a $0.60 dividend on an annualized basis and a yield of 1.29%. Heidrick & Struggles International’s payout ratio is 32.43%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HSII. Victory Capital Management Inc. increased its position in Heidrick & Struggles International by 7.5% during the 2nd quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider’s stock valued at $180,000 after purchasing an additional 396 shares during the period. Keene & Associates Inc. grew its position in shares of Heidrick & Struggles International by 4.8% during the 2nd quarter. Keene & Associates Inc. now owns 9,565 shares of the business services provider’s stock worth $302,000 after buying an additional 435 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of Heidrick & Struggles International by 7.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,738 shares of the business services provider’s stock worth $244,000 after buying an additional 510 shares during the period. Illinois Municipal Retirement Fund grew its position in shares of Heidrick & Struggles International by 4.9% during the 1st quarter. Illinois Municipal Retirement Fund now owns 12,218 shares of the business services provider’s stock worth $411,000 after buying an additional 571 shares during the period. Finally, State Board of Administration of Florida Retirement System grew its position in shares of Heidrick & Struggles International by 7.2% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 10,418 shares of the business services provider’s stock worth $351,000 after buying an additional 701 shares during the period. Institutional investors own 90.13% of the company’s stock.

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.