Analysts predict that Heidrick & Struggles International, Inc. (NASDAQ:HSII) will announce $164.31 million in sales for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Heidrick & Struggles International’s earnings, with the lowest sales estimate coming in at $162.45 million and the highest estimate coming in at $166.19 million. Heidrick & Struggles International reported sales of $157.12 million during the same quarter last year, which would suggest a positive year over year growth rate of 4.6%. The business is scheduled to report its next quarterly earnings report after the market closes on Monday, July 30th.

According to Zacks, analysts expect that Heidrick & Struggles International will report full year sales of $660.60 million for the current financial year, with estimates ranging from $653.93 million to $672.18 million. For the next fiscal year, analysts expect that the firm will post sales of $684.92 million per share, with estimates ranging from $680.50 million to $688.99 million. Zacks’ sales calculations are an average based on a survey of research firms that follow Heidrick & Struggles International.

Several equities research analysts have weighed in on HSII shares. Zacks Investment Research downgraded Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Wednesday, June 27th. Barrington Research reissued a “buy” rating on shares of Heidrick & Struggles International in a report on Monday, July 23rd. BidaskClub downgraded Heidrick & Struggles International from a “hold” rating to a “sell” rating in a report on Friday, July 13th. ValuEngine raised Heidrick & Struggles International from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 24th. Finally, SunTrust Banks raised their price target on Heidrick & Struggles International to $35.00 and gave the stock a “hold” rating in a report on Tuesday, April 24th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $31.50.

Hedge funds and other institutional investors have recently modified their holdings of the business. SG Americas Securities LLC acquired a new stake in Heidrick & Struggles International in the first quarter worth about $101,000. ClariVest Asset Management LLC acquired a new stake in Heidrick & Struggles International in the first quarter worth about $125,000. Piedmont Investment Advisors LLC acquired a new stake in Heidrick & Struggles International in the second quarter worth about $154,000. MetLife Investment Advisors LLC acquired a new stake in Heidrick & Struggles International in the fourth quarter worth about $237,000. Finally, Macquarie Group Ltd. acquired a new stake in Heidrick & Struggles International in the fourth quarter worth about $244,000. 84.63% of the stock is owned by institutional investors and hedge funds.

HSII stock traded down $0.85 during trading on Monday, reaching $34.60. 124,414 shares of the company traded hands, compared to its average volume of 137,113. Heidrick & Struggles International has a 12 month low of $17.90 and a 12 month high of $39.73. The company has a market cap of $659.48 million, a P/E ratio of 31.74, a PEG ratio of 1.43 and a beta of 1.48. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.49 and a quick ratio of 1.49.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search, culture shaping, and leadership consulting services on a retained basis to businesses and business leaders in the Americas, Europe, the Asia Pacific, and internationally. The company enables its clients to build leadership teams by facilitating the recruitment, management, and deployment of senior executives.

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Earnings History and Estimates for Heidrick & Struggles International (NASDAQ:HSII)

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