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CHICAGO—Thomas L. Monahan, Chief Executive Officer of Heidrick & Struggles International Inc. (NASDAQ:HSII), recently acquired 5,000 shares of the company’s common stock. The shares were purchased at a weighted average price of $45.55, with individual prices ranging from $44.96 to $45.91 per share. This transaction, dated March 6, 2025, represents a total investment of $227,750. Following this purchase, Monahan’s direct ownership stands at 144,834 shares. According to InvestingPro analysis, Heidrick & Struggles appears undervalued despite trading at a high P/E ratio of 104x. The company maintains strong financial health with more cash than debt on its balance sheet and has consistently paid dividends for 19 consecutive years. For deeper insights into HSII’s valuation and 8 additional ProTips, subscribers can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Heidrick & Struggles International reported a strong performance for the fourth quarter of 2024, with earnings per share (EPS) of $1.08, surpassing the forecast of $0.64. The company’s revenue for the quarter reached $276.2 million, exceeding expectations of $261.03 million and marking a 9.1% increase from the previous year. Full-year revenue for 2024 grew by 7% to $1.1 billion. Analysts from Truist Securities and Barrington Research noted the company’s solid financial performance, with adjusted EBITDA for the quarter at $26.1 million, reflecting a 9.5% margin. The company continues to anticipate revenue between $263 million and $273 million for Q1 2025, with expectations of EBITDA margin expansion throughout the year. Heidrick & Struggles also highlighted continued investment in technology and digital products, contributing to their strong performance across all service lines. The company remains focused on its strategic priorities, including building deep client relationships and innovating to create continuous engagement with clients.
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