Equities research analysts forecast that Heidrick & Struggles International, Inc. (NASDAQ:HSII) will report sales of $175.81 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Heidrick & Struggles International’s earnings, with estimates ranging from $174.71 million to $177.50 million. Heidrick & Struggles International posted sales of $159.80 million during the same quarter last year, which suggests a positive year over year growth rate of 10%. The company is scheduled to announce its next quarterly earnings report on Thursday, October 25th.

On average, analysts expect that Heidrick & Struggles International will report full year sales of $694.61 million for the current fiscal year, with estimates ranging from $692.70 million to $695.80 million. For the next fiscal year, analysts forecast that the firm will report sales of $715.71 million, with estimates ranging from $704.78 million to $723.76 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover Heidrick & Struggles International.

Heidrick & Struggles International (NASDAQ:HSII) last posted its quarterly earnings results on Monday, July 30th. The business services provider reported $0.59 EPS for the quarter, beating the consensus estimate of $0.45 by $0.14. Heidrick & Struggles International had a negative net margin of 1.36% and a positive return on equity of 13.98%. The company had revenue of $183.06 million for the quarter, compared to analyst estimates of $164.31 million.

HSII has been the topic of several recent research reports. BidaskClub lowered shares of Heidrick & Struggles International from a “strong-buy” rating to a “buy” rating in a report on Friday, June 8th. ValuEngine lowered shares of Heidrick & Struggles International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 20th. Zacks Investment Research downgraded shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a research report on Wednesday, June 27th. Barrington Research reiterated a “buy” rating on shares of Heidrick & Struggles International in a research report on Monday, July 23rd. Finally, Credit Suisse Group started coverage on shares of Heidrick & Struggles International in a research report on Friday, August 10th. They issued a “neutral” rating and a $40.00 price objective for the company. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $41.75.

NASDAQ:HSII traded down $0.73 during mid-day trading on Friday, hitting $31.20. The company’s stock had a trading volume of 165,924 shares, compared to its average volume of 146,199. Heidrick & Struggles International has a 1 year low of $20.55 and a 1 year high of $45.28. The firm has a market cap of $641.75 million, a price-to-earnings ratio of 28.62, a PEG ratio of 1.25 and a beta of 1.65.

Institutional investors have recently modified their holdings of the business. BlueMountain Capital Management LLC acquired a new position in shares of Heidrick & Struggles International in the second quarter worth about $648,000. Prudential Financial Inc. raised its position in shares of Heidrick & Struggles International by 172.5% in the first quarter. Prudential Financial Inc. now owns 143,814 shares of the business services provider’s stock worth $4,494,000 after acquiring an additional 91,043 shares during the period. Principal Financial Group Inc. raised its position in shares of Heidrick & Struggles International by 2.4% in the first quarter. Principal Financial Group Inc. now owns 143,985 shares of the business services provider’s stock worth $4,500,000 after acquiring an additional 3,417 shares during the period. Piedmont Investment Advisors LLC acquired a new position in shares of Heidrick & Struggles International in the second quarter worth about $154,000. Finally, Cambria Investment Management L.P. acquired a new position in shares of Heidrick & Struggles International in the second quarter worth about $320,000. Institutional investors and hedge funds own 89.70% of the company’s stock.

About Heidrick & Struggles International

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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