Equities analysts forecast that Huron Consulting Group (NASDAQ:HURN) will report earnings per share (EPS) of $0.28 for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Huron Consulting Group’s earnings. The highest EPS estimate is $0.35 and the lowest is $0.23. Huron Consulting Group posted earnings of $0.79 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 64.6%. The firm is scheduled to announce its next earnings report on Tuesday, November 3rd.
According to Zacks, analysts expect that Huron Consulting Group will report full-year earnings of $1.70 per share for the current fiscal year, with EPS estimates ranging from $1.65 to $1.75. For the next year, analysts anticipate that the firm will post earnings of $2.68 per share, with EPS estimates ranging from $2.24 to $2.98. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that that provide coverage for Huron Consulting Group.
Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Thursday, July 30th. The business services provider reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.50. Huron Consulting Group had a positive return on equity of 10.81% and a negative net margin of 0.08%. The company had revenue of $217.86 million during the quarter, compared to analysts’ expectations of $190.22 million.
A number of equities research analysts have commented on HURN shares. Zacks Investment Research cut Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Barrington Research started coverage on Huron Consulting Group in a research note on Wednesday, July 22nd. They issued a “buy” rating and a $60.00 price target for the company. Finally, BidaskClub cut Huron Consulting Group from a “sell” rating to a “strong sell” rating in a research note on Thursday, September 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Huron Consulting Group presently has a consensus rating of “Hold” and an average price target of $61.00.
Huron Consulting Group stock opened at $40.30 on Tuesday. The stock has a 50-day moving average of $45.39 and a two-hundred day moving average of $46.43. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.95 and a current ratio of 1.95. Huron Consulting Group has a one year low of $35.15 and a one year high of $70.91. The stock has a market cap of $933.93 million, a PE ratio of 15.12, a price-to-earnings-growth ratio of 1.72 and a beta of 0.56.
In other news, Director John Mccartney sold 1,000 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $47.50, for a total value of $47,500.00. Following the transaction, the director now directly owns 64,008 shares of the company’s stock, valued at $3,040,380. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO James H. Roth sold 18,800 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $41.69, for a total value of $783,772.00. Following the sale, the chief executive officer now directly owns 147,009 shares in the company, valued at $6,128,805.21. The disclosure for this sale can be found here. Insiders sold 20,005 shares of company stock worth $840,333 over the last three months. Corporate insiders own 2.20% of the company’s stock.
Institutional investors have recently bought and sold shares of the stock. AJO LP acquired a new stake in Huron Consulting Group during the first quarter worth about $29,000. New York State Teachers Retirement System acquired a new stake in Huron Consulting Group during the second quarter worth about $35,000. Aigen Investment Management LP grew its holdings in Huron Consulting Group by 1,122.5% during the first quarter. Aigen Investment Management LP now owns 2,494 shares of the business services provider’s stock worth $113,000 after acquiring an additional 2,290 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Huron Consulting Group by 129.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,468 shares of the business services provider’s stock worth $153,000 after acquiring an additional 1,957 shares during the period. Finally, Glenmede Trust Co. NA grew its holdings in Huron Consulting Group by 6.0% during the second quarter. Glenmede Trust Co. NA now owns 3,708 shares of the business services provider’s stock worth $164,000 after acquiring an additional 209 shares during the period. 86.61% of the stock is currently owned by hedge funds and other institutional investors.
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 excellence, 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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