Heidrick & Struggles International (NASDAQ:HSII) Given "Outperform" Rating at Barrington Research

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report)'s stock had its "outperform" rating restated by investment analysts at Barrington Research in a note issued to investors on Friday,Benzinga reports. They presently have a $52.00 price target on the business services provider's stock. Barrington Research's target price points to a potential upside of 19.82% from the stock's current price.

Separately, Truist Financial raised their price target on Heidrick & Struggles International from $42.00 to $44.00 and gave the stock a "hold" rating in a research note on Tuesday, April 15th.

Heidrick & Struggles International Stock Down 1.7%

Shares of Heidrick & Struggles International stock traded down $0.75 during trading on Friday, hitting $43.40. 95,670 shares of the stock traded hands, compared to its average volume of 148,621. The stock has a market cap of $894.95 million, a price-to-earnings ratio of 23.46, a PEG ratio of 0.91 and a beta of 1.02. The firm's fifty day moving average is $41.53 and its 200-day moving average is $43.34. Heidrick & Struggles International has a 52 week low of $30.20 and a 52 week high of $49.02.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The business services provider reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. Heidrick & Struggles International had a return on equity of 12.38% and a net margin of 3.53%. The business had revenue of $287.44 million during the quarter, compared to analysts' expectations of $267.42 million. On average, analysts forecast that Heidrick & Struggles International will post 2.68 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Heidrick & Struggles International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp grew its stake in Heidrick & Struggles International by 9.5% in the fourth quarter. Northern Trust Corp now owns 251,778 shares of the business services provider's stock worth $11,156,000 after purchasing an additional 21,843 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Heidrick & Struggles International by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 1,517,661 shares of the business services provider's stock valued at $67,248,000 after acquiring an additional 14,035 shares during the period. JPMorgan Chase & Co. grew its position in shares of Heidrick & Struggles International by 398.7% during the 4th quarter. JPMorgan Chase & Co. now owns 200,982 shares of the business services provider's stock valued at $8,906,000 after acquiring an additional 160,677 shares during the period. American Century Companies Inc. lifted its stake in Heidrick & Struggles International by 125.9% in the 4th quarter. American Century Companies Inc. now owns 287,569 shares of the business services provider's stock valued at $12,742,000 after buying an additional 160,257 shares in the last quarter. Finally, Prudential Financial Inc. lifted its stake in Heidrick & Struggles International by 32.3% in the 4th quarter. Prudential Financial Inc. now owns 32,599 shares of the business services provider's stock worth $1,444,000 after purchasing an additional 7,950 shares in the last quarter. 90.13% of the stock is currently owned by hedge funds and other institutional investors.

About Heidrick & Struggles International

Heidrick & Struggles International, Inc engages in provision of leadership consulting, culture shaping and senior-level executive search services. It offers its clients build leadership teams through facilitating the recruitment, management and deployment of senior executives. It operates under the following segments: Americas, Europe, Asia Pacific, Heidrick Consulting, and On Demand Talent Business.