Heidrick & Struggles International (NASDAQ:HSII) Sets New 1-Year High - Still a Buy?

Heidrick & Struggles International, Inc. (NASDAQ:HSII - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $48.49 and last traded at $48.49, with a volume of 430 shares trading hands. The stock had previously closed at $47.53.

Analyst Ratings Changes

Several analysts have recently issued reports on HSII shares. StockNews.com raised Heidrick & Struggles International from a "hold" rating to a "buy" rating in a report on Wednesday, November 6th. Barrington Research reaffirmed an "outperform" rating and set a $44.00 price target on shares of Heidrick & Struggles International in a research note on Friday, September 20th. Finally, Truist Financial reissued a "hold" rating and issued a $40.00 price objective (up from $33.00) on shares of Heidrick & Struggles International in a research note on Tuesday, November 5th.

Heidrick & Struggles International Stock Performance

The stock has a market cap of $987.03 million, a PE ratio of 26.21, a PEG ratio of 1.11 and a beta of 0.85. The stock has a fifty day moving average price of $38.55 and a 200 day moving average price of $35.82.

Heidrick & Struggles International (NASDAQ:HSII - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The business services provider reported $0.72 EPS for the quarter, topping 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 company had revenue of $282.82 million during the quarter, compared to analyst estimates of $267.65 million. During the same period in the previous year, the firm earned $0.73 earnings per share. As a group, equities analysts anticipate that Heidrick & Struggles International, Inc. will post 2.67 earnings per share for the current fiscal year.

Heidrick & Struggles International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 21st. Investors of record on Thursday, November 14th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $0.60 annualized dividend and a yield of 1.24%. Heidrick & Struggles International's payout ratio is 32.43%.

Institutional Trading of Heidrick & Struggles International

Several institutional investors have recently added to or reduced their stakes in the company. Victory Capital Management Inc. raised its holdings in shares of Heidrick & Struggles International by 7.5% in the second quarter. Victory Capital Management Inc. now owns 5,705 shares of the business services provider's stock worth $180,000 after buying an additional 396 shares during the period. Keene & Associates Inc. increased its stake in Heidrick & Struggles International by 4.8% in the second quarter. Keene & Associates Inc. now owns 9,565 shares of the business services provider's stock worth $302,000 after purchasing an additional 435 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Heidrick & Struggles International by 7.1% during the second quarter. The Manufacturers Life Insurance Company now owns 7,738 shares of the business services provider's stock worth $244,000 after purchasing an additional 510 shares during the last quarter. Illinois Municipal Retirement Fund boosted its stake in shares of Heidrick & Struggles International by 4.9% during the first quarter. Illinois Municipal Retirement Fund now owns 12,218 shares of the business services provider's stock valued at $411,000 after purchasing an additional 571 shares during the period. Finally, State Board of Administration of Florida Retirement System grew its holdings in shares of Heidrick & Struggles International by 7.2% in the first quarter. State Board of Administration of Florida Retirement System now owns 10,418 shares of the business services provider's stock worth $351,000 after purchasing an additional 701 shares during the last quarter. 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.