Huron Consulting Group (NASDAQ:HURN) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Monday.
Several other brokerages also recently weighed in on HURN. Zacks Investment Research raised Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 24th. ValuEngine downgraded Huron Consulting Group from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Finally, Barrington Research reaffirmed a “market perform” rating on shares of Huron Consulting Group in a research report on Wednesday, March 7th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. Huron Consulting Group currently has a consensus rating of “Hold” and an average price target of $48.00.
Shares of Huron Consulting Group opened at $36.90 on Monday, MarketBeat.com reports. The firm has a market capitalization of $795.70 million, a P/E ratio of 17.16, a PEG ratio of 1.19 and a beta of 0.14. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.75. Huron Consulting Group has a 1 year low of $29.52 and a 1 year high of $44.85.
Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, May 1st. The business services provider reported $0.19 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.29). The firm had revenue of $193.70 million during the quarter, compared to analysts’ expectations of $181.54 million. Huron Consulting Group had a positive return on equity of 7.60% and a negative net margin of 21.97%. The business’s revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the business earned $0.55 EPS. analysts forecast that Huron Consulting Group will post 2.21 EPS for the current fiscal year.
In other news, CEO James H. Roth sold 17,500 shares of the firm’s stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $34.94, for a total transaction of $611,450.00. Following the sale, the chief executive officer now directly owns 233,190 shares in the company, valued at approximately $8,147,658.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.70% of the stock is owned by company insiders.
Large investors have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in shares of Huron Consulting Group during the 1st quarter valued at about $133,000. Stone Ridge Asset Management LLC acquired a new stake in shares of Huron Consulting Group during the 4th quarter valued at about $210,000. Aperio Group LLC acquired a new stake in shares of Huron Consulting Group during the 1st quarter valued at about $236,000. Nisa Investment Advisors LLC grew its position in shares of Huron Consulting Group by 100.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 6,000 shares of the business services provider’s stock valued at $243,000 after acquiring an additional 3,000 shares during the period. Finally, Unison Advisors LLC acquired a new stake in shares of Huron Consulting Group during the 4th quarter valued at about $244,000. Hedge funds and other institutional investors own 93.82% of the company’s stock.
Huron Consulting Group Company Profile
Huron Consulting Group Inc, a professional services firm, provides advisory, technology, and analytic solutions in the United States and internationally. Its Healthcare segment provides advisory services in the areas of strategy, care transformation, financial and operational performance, technology and analytics, and leadership development to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, and medical groups.
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