Headhunter: We are waiting for a report and news about the buy back.
On November 12, Headhunter will present the results of the third quarter and on November 13 will hold a meeting with the management. The focus is on business sustainability, share buybacks and dividends.
The number of vacancies on хах.ru decreased by more than 10% from year to year. Despite this, BCS analysts expect revenues of about 10.9 billion rubles - at the level of last year. Adjusted EBITDA, according to their estimates, may decrease by 6%, to 6.5 billion rubles, due to cost pressure.
A buyback somewhat limits the options for dividends. The next payment is expected in the second half of 2026, so there may be no news on this at the next meeting.
BCS maintains a "buy" recommendation with a target of RUB 3,900 for the year. But analysts still do not see new drivers from the economy and the labor market.
What is most important to you in the Headhunter report?
- News about dividends.
- Sustainability of revenues and profit.
- Return purchase details.