Heidrick & Struggles International (NASDAQ:HSII) was upgraded by equities research analysts at ValuEngine from a "sell" rating to a "hold" rating in a note issued to investors on Thursday, ValuEngine reports.
A number of other analysts have also weighed in on the stock. BidaskClub raised shares of Heidrick & Struggles International from a "strong sell" rating to a "sell" rating in a research note on Wednesday. Credit Suisse Group upped their price target on shares of Heidrick & Struggles International from $18.00 to $22.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 28th. Zacks Investment Research lowered shares of Heidrick & Struggles International from a "buy" rating to a "hold" rating in a research note on Tuesday. Barrington Research lowered shares of Heidrick & Struggles International from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 29th. Finally, SunTrust Banks cut their target price on shares of Heidrick & Struggles International from $28.00 to $25.00 and set a "hold" rating for the company in a research note on Friday, April 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of "Hold" and an average target price of $25.75.
NASDAQ HSII opened at $21.04 on Thursday. Heidrick & Struggles International has a 52 week low of $17.99 and a 52 week high of $33.21. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.57. The stock has a market cap of $411.52 million, a price-to-earnings ratio of 9.48, a price-to-earnings-growth ratio of 2.64 and a beta of 1.04. The company has a 50-day moving average price of $21.53 and a two-hundred day moving average price of $25.21.
Heidrick & Struggles International (NASDAQ:HSII) last issued its quarterly earnings results on Monday, April 27th. The business services provider reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.55 by ($0.11). The company had revenue of $171.48 million during the quarter, compared to analyst estimates of $167.60 million. Heidrick & Struggles International had a return on equity of 15.64% and a net margin of 6.00%. As a group, equities research analysts expect that Heidrick & Struggles International will post 0.81 earnings per share for the current fiscal year.
Hedge funds have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC lifted its stake in Heidrick & Struggles International by 113.6% during the first quarter. Nisa Investment Advisors LLC now owns 1,880 shares of the business services provider's stock valued at $42,000 after purchasing an additional 1,000 shares during the last quarter. Meeder Asset Management Inc. lifted its stake in Heidrick & Struggles International by 390.9% during the fourth quarter. Meeder Asset Management Inc. now owns 2,155 shares of the business services provider's stock valued at $69,000 after purchasing an additional 1,716 shares during the last quarter. BNP Paribas Arbitrage SA lifted its stake in Heidrick & Struggles International by 8.5% during the first quarter. BNP Paribas Arbitrage SA now owns 7,522 shares of the business services provider's stock valued at $169,000 after purchasing an additional 589 shares during the last quarter. Royal Bank of Canada lifted its stake in Heidrick & Struggles International by 409.0% during the first quarter. Royal Bank of Canada now owns 7,666 shares of the business services provider's stock valued at $172,000 after purchasing an additional 6,160 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Heidrick & Struggles International during the fourth quarter valued at approximately $211,000. 91.91% of the stock is owned by institutional investors and hedge funds.
About Heidrick & Struggles International
Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search and consulting services 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 development of senior executives.
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