Deutsche Bank Initiates Coverage on Heidrick & Struggles International to Hold

Deutsche Bank Initiates Coverage on Heidrick & Struggles International(NASDAQ:HSII). The shares have been rated Hold. The rating by Deutsche Bank was issued on Aug 18, 2016.

Heidrick & Struggles International (HSII) shares turned negative on Mondays trading session with the shares closing down -0.41 points or -2.13% at a volume of 81,479. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $19.43. The peak price level was also seen at $19.43 while the days lowest was $18.7. Finally the shares closed at $18.86. The 52-week high of the shares is $30.62 while the 52-week low is $16.23. According to the latest information available, the market cap of the company is $350 M.

Heidrick & Struggles International(HSII) last announced its earnings results on Jul 25, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $148.86M. Analysts had an estimated revenue of $146.80M. Earnings per share were $0.35. Analysts had estimated an EPS of $0.30.

Heidrick & Struggles International Inc. is an advisory firm providing executive search and leadership consulting services. The Company helps its clients build leadership teams by facilitating the recruitment management and deployment of senior executives. As of December 31 2014 the Company provided its services to a range of clients through the network of 300 consultants located in various cities around-the-world. The Company’s leadership consulting services include executive assessment leadership development board and top team effectiveness and succession planning. Its executive search services are provided on a retained basis. Its clients include fortune 1000 companies United States and non-United States companies middle market and emerging growth companies governmental higher education and not-for-profit organizations and other private and public entities.

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