Huron Consulting Group (NASDAQ:HURN) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Saturday, December 16th.
Several other research analysts also recently weighed in on HURN. Zacks Investment Research upgraded shares of Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research note on Monday, October 16th. SunTrust Banks reiterated a “buy” rating and set a $48.00 price objective on shares of Huron Consulting Group in a research note on Friday, October 20th. Finally, William Blair upgraded shares of Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research note on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $48.00.
Huron Consulting Group (NASDAQ HURN) traded up $1.45 during trading on Friday, hitting $41.65. 69,098 shares of the stock traded hands, compared to its average volume of 56,637. Huron Consulting Group has a 52 week low of $29.52 and a 52 week high of $47.65. The firm has a market capitalization of $889.60, a price-to-earnings ratio of -6.53, a P/E/G ratio of 1.10 and a beta of 0.12. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.71.
Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Wednesday, November 1st. The business services provider reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.12). The business had revenue of $176.40 million during the quarter, compared to analyst estimates of $181.27 million. Huron Consulting Group had a positive return on equity of 7.50% and a negative net margin of 17.09%. Huron Consulting Group’s revenue was down 3.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.92 EPS. sell-side analysts forecast that Huron Consulting Group will post 2.22 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of HURN. Teachers Advisors LLC boosted its stake in Huron Consulting Group by 3.1% during the 1st quarter. Teachers Advisors LLC now owns 36,476 shares of the business services provider’s stock valued at $1,536,000 after acquiring an additional 1,082 shares during the last quarter. Bank of Montreal Can bought a new position in Huron Consulting Group during the 2nd quarter valued at $177,000. Schwab Charles Investment Management Inc. boosted its stake in Huron Consulting Group by 14.0% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 135,214 shares of the business services provider’s stock valued at $5,842,000 after acquiring an additional 16,636 shares during the last quarter. Rhumbline Advisers lifted its position in shares of Huron Consulting Group by 2.2% in the 2nd quarter. Rhumbline Advisers now owns 28,648 shares of the business services provider’s stock worth $1,238,000 after buying an additional 619 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its position in shares of Huron Consulting Group by 16.8% in the 2nd quarter. Advisors Asset Management Inc. now owns 8,136 shares of the business services provider’s stock worth $351,000 after buying an additional 1,172 shares during the last quarter. Hedge funds and other institutional investors own 89.59% of the company’s stock.
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Huron Consulting Group Company Profile
Huron Consulting Group Inc is a global professional services firm. The Company offers solutions in operations, advisory services, technology and analytics for healthcare, higher education, life sciences and commercial sectors. The Company’s segments include Healthcare, Education and Life Sciences, and Business Advisory.
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