Heidrick & Struggles International (NASDAQ:HSII) Announces Quarterly Earnings Results

Heidrick & Struggles International (NASDAQ:HSII) released its earnings results on Sunday. The business services provider reported $0.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.23, MarketWatch Earnings reports. Heidrick & Struggles International had a negative net margin of 5.02% and a positive return on equity of 11.69%.

HSII stock traded up $1.70 during trading on Tuesday, reaching $37.60. The stock had a trading volume of 3,993 shares, compared to its average volume of 101,059. Heidrick & Struggles International has a 1-year low of $17.99 and a 1-year high of $36.08. The company has a market capitalization of $727.94 million, a P/E ratio of -21.12 and a beta of 0.84. The firm has a fifty day moving average price of $31.91 and a 200 day moving average price of $25.80.

Several equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Heidrick & Struggles International from a “buy” rating to a “hold” rating in a report on Wednesday, December 30th. Credit Suisse Group lifted their target price on shares of Heidrick & Struggles International from $22.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday.

In other Heidrick & Struggles International news, CFO Mark R. Harris sold 1,000 shares of the business’s stock in a transaction on Monday, November 30th. The shares were sold at an average price of $26.27, for a total value of $26,270.00. Following the transaction, the chief financial officer now owns 4,939 shares in the company, valued at approximately $129,747.53. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.40% of the company’s stock.

Heidrick & Struggles International Company Profile

Heidrick & Struggles International, Inc, together with its subsidiaries, provides executive search and consulting services to businesses and business leaders worldwide. The company enables its clients to build leadership teams by facilitating the recruitment, management, and development of senior executives.

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