Heidrick & Struggles International (NASDAQ:HSII) Price Target Raised to $33.00 at Truist Financial

Heidrick & Struggles International (NASDAQ:HSII) had its target price hoisted by equities research analysts at Truist Financial from $30.00 to $33.00 in a report issued on Tuesday, Benzinga reports. The brokerage currently has a “hold” rating on the business services provider’s stock. Truist Financial’s price target would suggest a potential upside of 8.87% from the company’s previous close.

A number of other equities research analysts also recently weighed in on the company. TheStreet upgraded Heidrick & Struggles International from a “c+” rating to a “b-” rating in a research report on Monday, February 12th. Barrington Research reissued an “outperform” rating and issued a $40.00 price target on shares of Heidrick & Struggles International in a report on Monday, March 4th. Finally, StockNews.com raised shares of Heidrick & Struggles International from a “hold” rating to a “buy” rating in a research note on Tuesday, March 12th.

Heidrick & Struggles International Trading Up 1.6 %

Shares of NASDAQ:HSII opened at $30.31 on Tuesday. The firm’s 50 day moving average is $31.72 and its two-hundred day moving average is $29.18. The firm has a market capitalization of $612.57 million, a P/E ratio of 11.44, a PEG ratio of 0.77 and a beta of 0.88. Heidrick & Struggles International has a 52 week low of $22.52 and a 52 week high of $35.38.

Heidrick & Struggles International (NASDAQ:HSII) last announced its earnings results on Monday, February 26th. The business services provider reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. Heidrick & Struggles International had a return on equity of 13.81% and a net margin of 5.23%. The firm had revenue of $253.16 million for the quarter, compared to the consensus estimate of $248.17 million. Analysts predict that Heidrick & Struggles International will post 2.41 EPS for the current year.

Hedge Funds Weigh In On Heidrick & Struggles International

Institutional investors have recently bought and sold shares of the stock. AJOVista LLC acquired a new position in shares of Heidrick & Struggles International in the fourth quarter worth about $51,000. Quantbot Technologies LP boosted its stake in Heidrick & Struggles International by 559.4% in the 3rd quarter. Quantbot Technologies LP now owns 3,554 shares of the business services provider’s stock worth $89,000 after purchasing an additional 3,015 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in Heidrick & Struggles International by 1,382.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,824 shares of the business services provider’s stock worth $129,000 after purchasing an additional 3,566 shares during the period. Maryland State Retirement & Pension System purchased a new position in Heidrick & Struggles International during the 4th quarter worth approximately $218,000. Finally, Bailard Inc. acquired a new stake in Heidrick & Struggles International during the 4th quarter valued at $260,000. Hedge funds and other institutional investors own 90.13% of the company’s stock.

About Heidrick & Struggles International

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.