Heidrick & Struggles InternationalNASDAQ: HSII

LONDON--(BUSINESS WIRE)--Heidrick & Struggles (Nasdaq: HSII), a premier provider of executive search, global leadership advisory and on-demand talent solutions, has announced the appointment of Liz Duggan as Partner in the Financial Services Practice. As a Partner in the Financial Services Practice, based in London, Liz will primarily focus on executive search across corporate and investment banking, helping clients identify top talent to drive increased value through their business. She wi.

Contracting economic activities in the manufacturing sector make prospects gloomy for the Zacks Staffing Firms industry. Healthy service activities, a rise in remote work and growing technology adoption being the saving graces, HSII, TBI and RCMT are likely to be the frontrunners in the industry.

Heidrick & Struggles (HSII) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Heidrick & Struggles (HSII) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.78 per share a year ago.

Staffing firms like KornFerry International (KFY), Heidrick & Struggles International, Inc. (HSII) and TrueBlue, Inc. (TBI) are poised to gain from the steady job additions to the economy.

Heidrick & Struggles has a history of steady growth, a good profit margin and a strong balance sheet. Yet it trades for a 40-50% discount to its peers. That discount gets even larger when you exclude its money losing two smaller segments and all the cash on its balance sheet.

Heidrick & Struggles provides talent services internationally, with a focus on executive management search services. The Executive Search segment overall provides stable earnings, whereas the Heidrick Consulting & On-Demand Talent segments have weaker profitability but better growth prospects. The company has a very strong balance sheet, positioning Heidrick & Struggles for further M&A or other capital allocation.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.