Event-Driven Stocks

HEIDRICK & STRUGGLES INTERNATIONAL INC

HSII

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Signs5 good1 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$1.10B$1.03B$1.07B$1.00B$621.6M$706.9M
Operating income$7.5M$75.4M$112.3M$98.3M−$35.5M$63.5M
Net income$8.7M$54.4M$79.5M$72.6M−$37.7M$46.9M
Total assets$1.19B$1.14B$1.18B$1.11B$787.8M$844.2M
Total liabilities$741.4M$679.3M$765.0M$770.8M$520.2M$535.1M
Equity$452.8M$462.3M$410.6M$336.0M$267.6M$309.1M
EPS (diluted)$0.41$2.62$3.86$3.58$-1.95$2.40
Shares out.20.1M19.9M19.6M19.4M19.2M19.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
0.7%
Net margin
0.8%
Return on equity
1.9%
Return on assets
0.7%
Return on capital (ROCE)
1.1%
Liabilities / assets
62.1%
Debt / equity
1.64×
Book value / share
$22.50
Revenue growth (YoY)
7.0%
Net income growth (YoY)
−84.0%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Altman Z″ (distress)
2.84safe
Accruals / assets
11.9%clean
Beneish M-Score
-3.06normal
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
78
/ 100
Profitability 100Growth 50Catalyst 67Earnings quality 100Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 severe5 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Nov 28, 2025443,0511.1-14.3%
Nov 14, 2025517,1591.7+49.5%
Oct 31, 2025345,8491.3-0.3%
Oct 15, 2025346,7131.0+53.2%
Sep 30, 2025226,3261.8-4.5%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

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