Heidrick & Struggles International (NASDAQ:HSII) Hits New 12-Month High - Still a Buy?

Key Points

• Heidrick & Struggles International's stock reached a new 52-week high at $58.58, closing at $58.36 with a trading volume of 528 shares.
• Wall Street analysts have shown positive sentiment, with Wall Street Zen upgrading the stock to a "strong-buy" rating and Truist Financial raising its price target to $59.00.
• The company reported a quarterly earnings beat, with $0.85 EPS against a consensus estimate of $0.74, and announced a dividend of $0.15 per share, providing a yield of 1.0%.

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $58.58 and last traded at $58.36, with a volume of 528 shares changing hands. The stock had previously closed at $58.20.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on HSII. Wall Street Zen upgraded shares of Heidrick & Struggles International from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 9th. Truist Financial boosted their price objective on shares of Heidrick & Struggles International from $48.00 to $59.00 and gave the stock a "hold" rating in a report on Monday, October 6th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Heidrick & Struggles International in a research note on Wednesday, October 8th. Finally, Barrington Research set a $59.00 target price on shares of Heidrick & Struggles International in a research report on Thursday. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $59.00.

Heidrick & Struggles International Trading Up 0.3%

The business's 50 day moving average is $50.04 and its 200 day moving average is $45.54. The stock has a market capitalization of $1.21 billion, a PE ratio of 36.69, a PEG ratio of 1.14 and a beta of 1.03.

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

Heidrick & Struggles International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were paid a dividend of $0.15 per share. The ex-dividend date was Thursday, August 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.0%. Heidrick & Struggles International's dividend payout ratio (DPR) is currently 37.74%.

Institutional Investors Weigh In On Heidrick & Struggles International

Large investors have recently made changes to their positions in the stock. Voya Investment Management LLC raised its stake in shares of Heidrick & Struggles International by 97.7% in the third quarter. Voya Investment Management LLC now owns 25,611 shares of the business services provider's stock worth $1,275,000 after purchasing an additional 12,656 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in Heidrick & Struggles International in the third quarter valued at $5,044,000. Texas Permanent School Fund Corp boosted its stake in Heidrick & Struggles International by 9.3% during the second quarter. Texas Permanent School Fund Corp now owns 10,580 shares of the business services provider's stock worth $484,000 after buying an additional 901 shares during the period. Squarepoint Ops LLC purchased a new stake in Heidrick & Struggles International in the second quarter valued at approximately $709,000. Finally, CANADA LIFE ASSURANCE Co boosted its holdings in Heidrick & Struggles International by 5.0% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 26,679 shares of the business services provider's stock valued at $1,221,000 after acquiring an additional 1,276 shares during the period. 90.13% of the stock is 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.