Equities research analysts expect Huron Consulting Group (NASDAQ:HURN) to post earnings per share of $0.74 for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Huron Consulting Group’s earnings. The highest EPS estimate is $0.78 and the lowest is $0.72. Huron Consulting Group posted earnings per share of $0.58 in the same quarter last year, which suggests a positive year-over-year growth rate of 27.6%. The company is scheduled to issue its next quarterly earnings report on Thursday, February 22nd.
According to Zacks, analysts expect that Huron Consulting Group will report full year earnings of $2.22 per share for the current fiscal year, with EPS estimates ranging from $2.20 to $2.25. For the next year, analysts anticipate that the company will post earnings of $2.45 per share, with EPS estimates ranging from $2.35 to $2.60. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that cover Huron Consulting Group.
Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Wednesday, November 1st. The business services provider reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.12). Huron Consulting Group had a positive return on equity of 7.50% and a negative net margin of 17.09%. The firm had revenue of $176.40 million for the quarter, compared to the consensus estimate of $181.27 million. During the same quarter in the previous year, the business posted $0.92 EPS. Huron Consulting Group’s revenue was down 3.8% on a year-over-year basis.
A number of equities research analysts have commented on HURN shares. 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. SunTrust Banks restated a “buy” rating and set a $48.00 target price on shares of Huron Consulting Group in a research note on Friday, October 20th. BidaskClub cut shares of Huron Consulting Group from a “hold” rating to a “sell” rating in a research note on Saturday, December 16th. Finally, 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. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $48.00.
A number of institutional investors and hedge funds have recently made changes to their positions in HURN. Bank of Montreal Can purchased a new stake in Huron Consulting Group during the 2nd quarter valued at approximately $177,000. Schwab Charles Investment Management Inc. grew its holdings 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 buying an additional 16,636 shares in the last quarter. Rhumbline Advisers grew its holdings in Huron Consulting Group by 2.2% during the 2nd quarter. Rhumbline Advisers now owns 28,648 shares of the business services provider’s stock valued at $1,238,000 after buying an additional 619 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in Huron Consulting Group by 16.8% during the 2nd quarter. Advisors Asset Management Inc. now owns 8,136 shares of the business services provider’s stock valued at $351,000 after buying an additional 1,172 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in Huron Consulting Group by 2.6% during the 2nd quarter. Legal & General Group Plc now owns 7,631 shares of the business services provider’s stock valued at $329,000 after buying an additional 197 shares in the last quarter. 89.59% of the stock is owned by institutional investors and hedge funds.
Shares of Huron Consulting Group (NASDAQ:HURN) opened at $40.60 on Wednesday. Huron Consulting Group has a one year low of $29.52 and a one year high of $47.65. The company has a market cap of $891.81, a P/E ratio of 19.66, a price-to-earnings-growth ratio of 1.10 and a beta of 0.12. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.71.
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About Huron Consulting Group
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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