Heidrick & Struggles International (NASDAQ:HSII) Stock Price Expected to Rise, Barrington Research Analyst Says

Heidrick & Struggles International (NASDAQ:HSII) had its price objective boosted by investment analysts at Barrington Research from $44.00 to $50.00 in a research report issued on Monday,Benzinga reports. The firm currently has an “outperform” rating on the business services provider’s stock. Barrington Research’s price target would indicate a potential upside of 8.37% from the company’s previous close.

Several other research analysts also recently weighed in on HSII. StockNews.com upgraded shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Truist Financial reaffirmed a “hold” rating and issued a $40.00 target price (up from $33.00) on shares of Heidrick & Struggles International in a report on Tuesday, November 5th.

Heidrick & Struggles International Stock Performance

Heidrick & Struggles International stock opened at $46.14 on Monday. Heidrick & Struggles International has a one year low of $26.52 and a one year high of $49.02. The stock has a fifty day moving average of $41.24 and a 200 day moving average of $37.40. The stock has a market cap of $941.72 million, a PE ratio of 24.94, a price-to-earnings-growth ratio of 1.08 and a beta of 0.85.

Heidrick & Struggles International (NASDAQ:HSII) last released its quarterly earnings results on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, beating the consensus estimate of $0.68 by $0.04. Heidrick & Struggles International had a net margin of 3.53% and a return on equity of 12.38%. The firm had revenue of $282.82 million during the quarter, compared to analyst estimates of $267.65 million. During the same quarter in the prior year, the firm earned $0.73 EPS. As a group, sell-side analysts predict that Heidrick & Struggles International will post 2.68 EPS for the current fiscal year.

Hedge Funds Weigh In On Heidrick & Struggles International

Several large investors have recently added to or reduced their stakes in the company. American Century Companies Inc. raised its position in shares of Heidrick & Struggles International by 43.8% during the 2nd quarter. American Century Companies Inc. now owns 46,621 shares of the business services provider’s stock valued at $1,472,000 after purchasing an additional 14,209 shares during the period. Innealta Capital LLC bought a new stake in Heidrick & Struggles International during the second quarter valued at about $29,000. SG Americas Securities LLC raised its holdings in Heidrick & Struggles International by 82.1% during the third quarter. SG Americas Securities LLC now owns 11,414 shares of the business services provider’s stock valued at $444,000 after acquiring an additional 5,145 shares during the period. Algert Global LLC lifted its position in shares of Heidrick & Struggles International by 13.0% in the second quarter. Algert Global LLC now owns 54,100 shares of the business services provider’s stock valued at $1,708,000 after acquiring an additional 6,227 shares in the last quarter. Finally, Exchange Traded Concepts LLC boosted its stake in shares of Heidrick & Struggles International by 246.4% in the third quarter. Exchange Traded Concepts LLC now owns 34,479 shares of the business services provider’s stock worth $1,340,000 after acquiring an additional 24,526 shares during the period. Hedge funds and other institutional investors own 90.13% of the company’s stock.

Heidrick & Struggles International Company Profile

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