Heidrick & Struggles International (NASDAQ:HSII) Downgraded to "Hold" Rating by Barrington Research

Key Points

• Heidrick & Struggles International has been downgraded from a "strong-buy" to a "hold" rating by Barrington Research, reflecting a significant shift in analyst sentiment.
• Despite the downgrade, the company received a price target increase from Truist Financial, which raised its target from $48.00 to $59.00, aligning with the average consensus target price.
• Heidrick & Struggles reported strong earnings, surpassing estimates with a quarterly EPS of $0.85 and revenues of $317.25 million, indicating solid financial performance.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) was downgraded by analysts at Barrington Research from a "strong-buy" rating to a "hold" rating in a report released on Thursday,Zacks.com reports.

Other research analysts also recently issued reports about the company. Wall Street Zen upgraded Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. Truist Financial boosted their price target on Heidrick & Struggles International from $48.00 to $59.00 and gave the company a "hold" rating in a research note on Monday. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Heidrick & Struggles International in a report on Wednesday. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Heidrick & Struggles International has an average rating of "Hold" and a consensus target price of $59.00.

Heidrick & Struggles International Trading Up 0.0%

Shares of NASDAQ HSII opened at $58.20 on Thursday. Heidrick & Struggles International has a 12 month low of $36.87 and a 12 month high of $58.40. The stock has a 50 day moving average of $50.04 and a 200-day moving average of $45.52. The company has a market capitalization of $1.21 billion, a P/E ratio of 36.60, a P/E/G ratio of 1.14 and a beta of 1.03.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last issued its earnings results on Monday, August 4th. The business services provider reported $0.85 EPS for the quarter, topping the consensus estimate of $0.74 by $0.11. Heidrick & Struggles International had a return on equity of 14.85% and a net margin of 2.92%.The company had revenue of $317.25 million during the quarter, compared to the consensus estimate of $292.94 million. Heidrick & Struggles International has set its Q3 2025 guidance at EPS. Analysts predict that Heidrick & Struggles International will post 2.68 EPS for the current fiscal year.

Institutional Investors Weigh In On Heidrick & Struggles International

Several institutional investors and hedge funds have recently made changes to their positions in HSII. Corvex Management LP acquired a new stake in shares of Heidrick & Struggles International in the first quarter valued at about $42,935,000. Nuveen LLC acquired a new stake in shares of Heidrick & Struggles International in the first quarter valued at about $7,622,000. American Century Companies Inc. increased its stake in shares of Heidrick & Struggles International by 50.5% in the first quarter. American Century Companies Inc. now owns 432,731 shares of the business services provider's stock valued at $18,534,000 after buying an additional 145,162 shares during the period. Assenagon Asset Management S.A. acquired a new stake in shares of Heidrick & Struggles International in the third quarter valued at about $5,044,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Heidrick & Struggles International by 47.2% in the second quarter. JPMorgan Chase & Co. now owns 220,223 shares of the business services provider's stock valued at $10,077,000 after buying an additional 70,605 shares during the period. Institutional investors and hedge funds own 90.13% of the company's stock.

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.

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