Investment analysts at SunTrust dropped their price target on shares of Heidrick & Struggles International (NASDAQ: HSII) from $19.00 to $17.00 in a note issued to investors on Tuesday, Analyst Ratings.Net reports. The firm currently has a “neutral” rating on the stock. SunTrust’s price target would indicate a potential upside of 12.36% from the stock’s previous close.
Shares of Heidrick & Struggles International (NASDAQ: HSII) opened at 14.79 on Tuesday. Heidrick & Struggles International has a 52 week low of $11.12 and a 52 week high of $18.21. The stock’s 50-day moving average is currently $16.82. The company has a market cap of $267.1 million and a P/E ratio of 64.03.
Heidrick & Struggles International (NASDAQ: HSII) last posted its quarterly earnings results on Thursday, May 9th. The company reported ($0.07) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.04 by $0.11. The company had revenue of $103.00 million for the quarter, compared to the consensus estimate of $103.57 million. During the same quarter last year, the company posted $0.04 earnings per share. Heidrick & Struggles International’s revenue was down 4.5% compared to the same quarter last year. On average, analysts predict that Heidrick & Struggles International will post $0.50 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Heidrick & Struggles International from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, July 9th. They now have a $16.50 price target on the stock. Separately, analysts at Thomson Reuters/Verus downgraded shares of Heidrick & Struggles International from a “hold” rating to a “sell” rating in a research note to investors on Monday, June 10th. Finally, analysts at Thomson Reuters/Verus upgraded shares of Heidrick & Struggles International from a “sell” rating to a “hold” rating in a research note to investors on Tuesday, May 28th.
Heidrick & Struggles International, Inc (NASDAQ: HSII) is an advisory firm providing executive search and leadership consulting services.