Analysts expect Huron Consulting Group (NASDAQ:HURN) to report earnings of $0.59 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Huron Consulting Group’s earnings, with estimates ranging from $0.50 to $0.68. Huron Consulting Group posted earnings per share of $0.49 during the same quarter last year, which indicates a positive year over year growth rate of 20.4%. The company is expected to announce its next earnings report on Thursday, July 26th.
On average, analysts expect that Huron Consulting Group will report full year earnings of $2.21 per share for the current year, with EPS estimates ranging from $2.18 to $2.25. For the next financial year, analysts expect that the firm will report earnings of $2.48 per share, with EPS estimates ranging from $2.43 to $2.52. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Huron Consulting Group.
Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Tuesday, May 1st. The business services provider reported $0.19 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 negative net margin of 21.97% and a positive return on equity of 7.60%. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.55 EPS.
A number of research analysts have recently commented on the company. BidaskClub upgraded Huron Consulting Group from a “sell” rating to a “hold” rating in a research note on Monday, May 14th. Barrington Research restated a “hold” rating on shares of Huron Consulting Group in a research note on Thursday, May 3rd. ValuEngine cut Huron Consulting Group from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Finally, Zacks Investment Research upgraded Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 24th. Two investment 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. The company presently has a consensus rating of “Hold” and an average target price of $48.00.
Huron Consulting Group opened at $38.30 on Friday, according to Marketbeat. The company has a market capitalization of $841.65 million, a PE ratio of 20.98, a PEG ratio of 1.26 and a beta of 0.14. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.83 and a quick ratio of 1.83. Huron Consulting Group has a 52 week low of $29.52 and a 52 week high of $44.85.
In other news, CEO James H. Roth sold 17,500 shares of the firm’s stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $34.94, for a total value of $611,450.00. Following the completion of the transaction, the chief executive officer now owns 233,190 shares in the company, valued at approximately $8,147,658.60. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 3.08% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. California Public Employees Retirement System raised its stake in Huron Consulting Group by 13.0% during the third quarter. California Public Employees Retirement System now owns 59,870 shares of the business services provider’s stock valued at $2,054,000 after buying an additional 6,870 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in Huron Consulting Group by 100.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 6,000 shares of the business services provider’s stock valued at $243,000 after buying an additional 3,000 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in Huron Consulting Group by 18.3% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 176,174 shares of the business services provider’s stock valued at $7,127,000 after buying an additional 27,279 shares during the last quarter. Unison Advisors LLC purchased a new position in Huron Consulting Group during the fourth quarter valued at $244,000. Finally, Jennison Associates LLC purchased a new position in Huron Consulting Group during the fourth quarter valued at $9,739,000. Institutional investors own 91.04% of the company’s stock.
About Huron Consulting Group
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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