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Hewitt Associates, Inc. (HEW)

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Latest Analyst Comments on Hewitt Associates, Inc. (HEW)
 

Hewitt Associates To Participate In Deutsche Bank Securities Conference On February 8, 2010 (The Street: Banks) - Feb 05, 2010

Hewitt Associates, Inc (NYSE: HEW), a global human resources consulting and outsourcing services company, today announced that it will participate in the Deutsche Bank Securities Small and Mid Cap Conference on , 2010. Hewitt Associates' Chairman and CEO Russ Fradin will speak at the conference beginning at 12:00 PM Eastern Time A live webcast of the presentation will be available on the Investor Relations section of 
 
Share:  Hewitt Associates, Inc (NYSE: HEW), a global human resources consulting and outsourcing services company, today announced that it will participate in the Deutsche Bank Securities Small and Mid Cap Conference on , 2010. Tweet this 

Hewitt Reports Solid Full-Year Results (Morningstar Stock Analyst Notes) - Nov 11, 2009

Hewitt Reports Solid Full Year Results by Vishnu Lekraj | 11 11 09 | 3:29PM | E mail Article | Print Article . Hewitt reported HEW fiscal 2009 results that were impressive. Revenue declined 4.7% year over year; however, operating margins increased 430 basis points to 14.13% on a year over year basis. 
 
Share:  <span class="company">Hewitt</span> Reports Solid Full Year Results by Vishnu Lekraj | 11 11 09 | 3:29PM | E mail Article | Print Article . <span class="company">Hewitt</span> reported HEW fiscal 2009 results that were impressive. Tweet this 

Hewitt Associates upgraded to "buy" (Newratings.com) - Nov 11, 2009

, Analysts at Deutsche Bank Securities upgrade Hewitt Associates (HEW) from "hold" to "buy."  
 
Share:  , Analysts at <span class="analyst">Deutsche Bank Securities</span> upgrade Hewitt Associates (<span class="company">HEW</span>) from "hold" to "buy." Tweet this 

Deutsche Bank Upgrades Hewitt Associates (HEW) to Buy; Valuation attractive ... (StreetInsider.com (subscription)) - Nov 11, 2009

Deutsche Bank upgrades Hewitt Associates (NYSE: HEW ) to Buy. Price target increased from $35 to $55. Deutsche analyst says, "We are raising our 1Q EPS from $0.78 to $0.80, and FY10 (YE Sep) from $2.90 to $3.02 (+4%).  
 
Share:  <span class="analyst">Deutsche Bank</span> upgrades <span class="company">Hewitt</span> Associates (NYSE: HEW ) to Buy. Price target increased from $35 to $55. Deutsche analyst says, "We are raising our 1Q EPS from $0.78 to $0.80, and FY10 (YE Sep) from $2.90 to $3.02 (+4%). Tweet this 

Deutsche Bank Upgrades Hewitt Associates (HEW) to Buy; Valuation attractive for its Steady Profit Growth (StreetInsider.com - Upgrades) - Nov 11, 2009

Deutsche Bank upgrades Hewitt Associates (NYSE: HEW ) to Buy. Price target increased from $35 to $55. Deutsche analyst says, "We are raising our 1Q EPS from $0.78 to $0.80, and FY10 (YE Sep) from $2.90 to $3.02 (+4%).  
 
Share:  <span class="analyst">Deutsche Bank</span> upgrades <span class="company">Hewitt</span> Associates (NYSE: HEW ) to Buy. Price target increased from $35 to $55. Deutsche analyst says, "We are raising our 1Q EPS from $0.78 to $0.80, and FY10 (YE Sep) from $2.90 to $3.02 (+4%). Tweet this 

Hewitt Q4 profit soars, sees 2010 EPS above Street (Reuters UK) - Nov 10, 2009

* Q4 EPS $0.68 vs $0.32 a year ago . * Revenue falls 6 pct * Sees 2010 EPS $2.85 $2.95 * Shares rise 5 pct (Recasts; adds analyst comments, background, share movement) By Divya Sharma BANGALORE, (Reuters) , Human resource services company Hewitt Associates Inc's ( HEW.N ) quarterly profit more than doubled, helped by lower operating expenses, and it forecast 2010 earnings above market estimates, sending its shares up to a 14 month high. Hewitt said it sees low to mid single digit net revenue growth in 2010, with solid growth in consulting and a flat performance in benefits outsourcing. "The consulting business will be helped by currency benefits and continued steady growth in their core retirement and financial management practice area," William Blair & Co analyst Timothy McHugh said. The impact of unemployment and pricing pressure on Hewitt's benefits outsourcing segment. 
Timothy McHugh
Timothy McHugh
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  "The consulting business will be helped by currency benefits and continued steady growth in their core retirement and financial management practice area," William Blair & Co analyst <span class="analyst">Timothy McHugh</span> said. Tweet this 

UPDATE 1-Hewitt Associates Q4 profit more than doubles (Reuters) - Nov 10, 2009

* Q4 EPS $0.68 vs $0.32 a year ago . * Revenue falls 6 pct * Sees 2010 EPS $2.85 $2.95 * Shares rise 5 pct (Recasts; adds analyst comments, background, share movement) By Divya Sharma BANGALORE, (Reuters) , Human resource services company Hewitt Associates Inc's ( HEW.N ) quarterly profit more than doubled, helped by lower operating expenses, and it forecast 2010 earnings above market estimates, sending its shares up to a 14 month high. Hewitt said it sees low to mid single digit net revenue growth in 2010, with solid growth in consulting and a flat performance in benefits outsourcing. "The consulting business will be helped by currency benefits and continued steady growth in their core retirement and financial management practice area," William Blair & Co analyst Timothy McHugh said. The impact of unemployment and pricing pressure on Hewitt's benefits outsourcing segment. 
Timothy McHugh
Timothy McHugh
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  "The consulting business will be helped by currency benefits and continued steady growth in their core retirement and financial management practice area," William Blair & Co analyst <span class="analyst">Timothy McHugh</span> said. Tweet this 

Tapped Out, Tapping In (Financial Armageddon) - Nov 01, 2009

Hewitt Associates reports loan activity is up 10 percent and hardship withdrawals are up 20 percent this year. Sandra Pappa of Buck Consultants, Downtown, said she'd heard the same thing from someone who keeps track of a 401(k) plan for the company sponsoring it. The recordkeeper gave her anecdotal evidence of increasing requests for hardship withdrawals and loans. 
Michael Panzner
Michael Panzner
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  <span class="company">Hewitt Associates</span> reports loan activity is up 10 percent and hardship withdrawals are up 20 percent this year. Sandra Pappa of Buck Consultants, Downtown, said she'd heard the same thing from someone who keeps track of a 401(k) plan for the company sponsoring it. Tweet this 

Xerox Acquires ACS, Adds Business Process Management to Portfolio (CMSWire) - Sep 29, 2009

They are also saying that this is likely to be the wave of the next two years with Bloomberg newswire citing Moshe Katri of Cowen & Co in New York suggesting next targets might include Computer Sciences Corp., Accenture Ltd and Hewitt Associates.  
Moshe Katri
Moshe Katri
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  They are also saying that this is likely to be the wave of the next two years with Bloomberg newswire citing <span class="analyst">Moshe Katri</span> of Cowen & Co in New York suggesting next targets might include Computer Sciences Corp., Accenture Ltd and <span class="company">Hewitt Associates</span>. Tweet this 

Xerox $6 Billion Deal May Inspire More Copycats To Be Like IBM (Bloomberg) - Sep 29, 2009

The next targets might include Computer Sciences Corp., Accenture Ltd and Hewitt Associates Inc., said Moshe Katri , an analyst at Cowen & Co in New York.  
Moshe Katri
Moshe Katri
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  The next targets might include Computer Sciences Corp., Accenture Ltd and <span class="company">Hewitt</span> Associates Inc., said <span class="analyst">Moshe Katri</span> , an analyst at Cowen & Co in New York. Tweet this 

Fees can drain your 401(k) retirement savings (USATODAY.com Money - Top Stories) - Aug 24, 2009

More companies are passing on additional fees to their workers. About 58% of plans now charge participants for administrative fees, up from 33% in 2001, according to a 2007 Hewitt survey. "That has been a steady trend," Hess says. Small companies, because they lack negotiating power due to the few employees they have on staff, often have to rely on costly plan providers, such as insurance companies. "It's a crime that they are extracting somewhere around 3.5% to 4.8%, which is the lion's share of what the market returns on investments," says John Sullivan , a registered investment adviser.  
John Sullivan
John Sullivan
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  "It's a crime that they are extracting somewhere around 3.5% to 4.8%, which is the lion's share of what the market returns on investments," says <span class="analyst">John Sullivan</span> , a registered investment adviser. Tweet this 

Hewitt Beats, Ups Guidance (Zacks - Analyst Blog) - Aug 05, 2009

Hewitt Associates ( HEW , Analyst Report ) reported strong second quarter earnings of $0.71 per share, above the Zacks Consensus Estimate of $0.60 and up 34% year over year. Net revenues (before reimbursements) decreased 6.3% year over year to $729.0 million due to declines in two of the three operating segments. Benefits Outsourcing segment grew marginally by 0.7%, while both HR BPO and Consulting declined 11.7% and 13.8% respectively. 
 
Share:  <span class="company">Hewitt Associates</span> ( HEW , Analyst Report ) reported strong second quarter earnings of $0.71 per share, above the Zacks Consensus Estimate of $0.60 and up 34% year over year. Tweet this 

Watson Wyatt shares plunge on downgrade (Seattle Post Intelligencer) - Jun 29, 2009

Citi analyst Ashwin Shirvaikar wrote Monday that the combination will eventually create a "global leader in HR consulting," yet could cause challenges in the near term as the companies work to combine operations. Integration and deal costs will likely lower Watson Wyatt's earnings per share and cash flow, he wrote, and could open up opportunities in the interim for competitors such as consultancies Hewitt Associates and Mercer. The combination is expected to close shortly after a shareholder vote in the 2009 fourth quarter. Shirvaikar lowered his target price to $46 from $47. 
Ashwin Shirvaikar
Ashwin Shirvaikar
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Citi analyst <span class="analyst">Ashwin Shirvaikar</span> wrote Monday that the combination will eventually create a "global leader in HR consulting," yet could cause challenges in the near term as the companies work to combine operations. Tweet this 

Towers-Watson Wyatt merger may trigger further takeouts (Reuters) - Jun 29, 2009

JP Morgan Securities analyst Tien Tsin Huang said in a note. The Towers Watson merger will make the combined entity the world's largest human resources consultancy, displacing Mercer at the top and leaving Hewitt a distant No. 3 in a highly fragmented market. "Hewitt could be an acquisition candidate given its strong benefits outsourcing platform, particularly since it has stabilized most of the human resources business process outsourcing business, though that business still loses money," Stifel Nicolaus analyst Shlomo Rosenbaum said.  
Shlomo Rosenbaum
Shlomo Rosenbaum
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  "<span class="company">Hewitt</span> could be an acquisition candidate given its strong benefits outsourcing platform, particularly since it has stabilized most of the human resources business process outsourcing business, though that business still loses money," Stifel Nicolaus analyst <span class="analyst">Shlomo Rosenbaum</span> said. Tweet this 

BUY OR SELL-Are HR consultancy firms losing their charm? (Reuters) - May 26, 2009

Is the strong run of HR consultancy firms coming to an end or are these companies still immune to the economy? Here are some views: REASON TO buy "I expect (Hewitt's) earnings to continue to grow even if revenue doesn't really grow much because there are losses within their HR BPO (human resource business process outsourcing) business which are going to come down," Stifel Nicolaus' Shlomo Rosenbaum said. He upgraded shares of Hewitt to "buy," even after it cut its revenue outlook. "Recent efforts to restructure problem contracts and more selectively pursue new relationships going forward should continue the progress in paring losses in the HR BPO Segment," Citigroup's Ashwin Shirvaikar said in a noted dated . On Watson Wyatt, Shirvaikar maintained a "buy" rating on the stock, in part because of the strength of its core retirement consulting business. 
Shlomo Rosenbaum
Shlomo Rosenbaum
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Here are some views: REASON TO buy "I expect (<span class="company">Hewitt</span>'s) earnings to continue to grow even if revenue doesn't really grow much because there are losses within their HR BPO (human resource business process outsourcing) business which are going to come down," Stifel Nicolaus' <span class="analyst">Shlomo Rosenbaum</span> said. Tweet this 

FEELING THE HEAT "One of the risks, more so for a company like Hewitt, which generally gets a larger share of its revenue from benefits outsourcing, is that they may see a recent increase in unemployment impact that part of the business later this year," William Blair's Timothy McHugh said. UBS analyst Jason Kupferberg, who has "hold" rating on Hewitt's stock, said he would wait until there are some more tangible signs of economic improvement and for clients to become "more comfortable" spending on discretionary projects.  
Jason Kupferberg
Jason Kupferberg
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  UBS analyst <span class="analyst">Jason Kupferberg</span>, who has "hold" rating on <span class="company">Hewitt</span>'s stock, said he would wait until there are some more tangible signs of economic improvement and for clients to become "more comfortable" spending on discretionary projects. Tweet this 

Is the strong run of HR consultancy firms coming to an end or are these companies still immune to the economy? Here are some views: REASON TO buy "I expect (Hewitt's) earnings to continue to grow even if revenue doesn't really grow much because there are losses within their HR BPO (human resource business process outsourcing) business which are going to come down," Stifel Nicolaus' Shlomo Rosenbaum said. He upgraded shares of Hewitt to "buy," even after it cut its revenue outlook. "Recent efforts to restructure problem contracts and more selectively pursue new relationships going forward should continue the progress in paring losses in the HR BPO Segment," Citigroup's Ashwin Shirvaikar said in a noted dated . On Watson Wyatt, Shirvaikar maintained a "buy" rating on the stock, in part because of the strength of its core retirement consulting business. 
Ashwin Shirvaikar
Ashwin Shirvaikar
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  "Recent efforts to restructure problem contracts and more selectively pursue new relationships going forward should continue the progress in paring losses in the HR BPO Segment," Citigroup's <span class="analyst">Ashwin Shirvaikar</span> said in a noted dated . Tweet this 

FEELING THE HEAT "One of the risks, more so for a company like Hewitt, which generally gets a larger share of its revenue from benefits outsourcing, is that they may see a recent increase in unemployment impact that part of the business later this year," William Blair's Timothy McHugh said. UBS analyst Jason Kupferberg, who has "hold" rating on Hewitt's stock, said he would wait until there are some more tangible signs of economic improvement and for clients to become "more comfortable" spending on discretionary projects. 
Timothy McHugh
Timothy McHugh
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  FEELING THE HEAT "One of the risks, more so for a company like <span class="company">Hewitt</span>, which generally gets a larger share of its revenue from benefits outsourcing, is that they may see a recent increase in unemployment impact that part of the business later this year," William Blair's <span class="analyst">Timothy McHugh</span> said. Tweet this 

Hewitt Associates rebounds after upgrade to 'Buy' (Forbes) - May 11, 2009

Shares of Hewitt Associates Inc rebounded Monday after an analyst upgraded the company, recovering from their sell off last week when the human resources consultancy and services provider cut its revenue guidance for the year. Shares of Lincolnshire, Ill. based Hewitt Associates ( HEW , news , people ) rose 4 percent, or $1.20, to $31.59 in midday trading. Last week after announcing fiscal second quarter earnings and cutting its guidance, shares fell as low as $29.17. Stifel Nicolaus analyst Shlomo Rosenbaum said Monday in a note to investors that the stock's current price made it a good deal for investors, and upgraded Hewitt to "Buy" from "Hold," saying Hewitt's core business strength "is not being fully appreciated by investors."  
Shlomo Rosenbaum
Shlomo Rosenbaum
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Stifel Nicolaus analyst <span class="analyst">Shlomo Rosenbaum</span> said Monday in a note to investors that the stock's current price made it a good deal for investors, and upgraded Hewitt to "Buy" from "Hold," saying Hewitt's core business strength "is not being fully appreciated by investors." Tweet this 

Hewitt reports second-quarter profit, but revenues remain under ... (Medill Reports) - May 05, 2009

"We now anticipate a low to mid single digit decline" in revenues for the full year, Park said, compared with the previous expectation for a small single digit decline. The company's benefits outsourcing segment revenues, which rose 2.2 percent in the second fiscal quarter and comprise about half of Hewitt's revenues, are expected to be flat for the full year. Consulting revenues fell 6.7 percent in the quarter and business process outsourcing revenues fell 14.9 percent. Potential for continued underperformance in business process outsourcing was pointed out by Mark S. Marcon, analyst with Robert W. Baird & Co. Inc., in a report Tuesday.  
Mark Marcon
Mark Marcon
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Potential for continued underperformance in business process outsourcing was pointed out by <span class="analyst">Mark S. Marcon</span>, analyst with Robert W. Baird & Co. Inc., in a report Tuesday. Tweet this 

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