Huron Consulting Group (NASDAQ:HURN) released its quarterly earnings data on Tuesday, February 27th. The business services provider reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06), Bloomberg Earnings reports. Huron Consulting Group had a negative net margin of 21.06% and a positive return on equity of 8.43%. The firm had revenue of $205.24 million during the quarter, compared to analysts’ expectations of $189.42 million. Huron Consulting Group updated its FY18 guidance to $2.10-2.40 EPS.
Shares of Huron Consulting Group (NASDAQ HURN) remained flat at $$36.65 during trading hours on Wednesday. The company’s stock had a trading volume of 126,863 shares, compared to its average volume of 110,703. The stock has a market cap of $814.01, a price-to-earnings ratio of -4.65, a PEG ratio of 1.22 and a beta of 0.23. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.68. Huron Consulting Group has a 1-year low of $29.52 and a 1-year high of $46.85.
In other Huron Consulting Group news, CEO James H. Roth sold 17,500 shares of the company’s stock in a transaction on Monday, March 5th. The shares were sold at an average price of $34.94, for a total transaction 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.70% of the stock is currently owned by corporate insiders.
A number of equities analysts recently weighed in on HURN shares. Zacks Investment Research lowered shares of Huron Consulting Group from a “hold” rating to a “sell” rating in a research report on Saturday, February 3rd. Barrington Research reissued a “market perform” rating on shares of Huron Consulting Group in a research note on Wednesday, March 7th. Finally, BidaskClub downgraded shares of Huron Consulting Group from a “hold” rating to a “sell” rating in a research note on Saturday, December 16th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. Huron Consulting Group has a consensus rating of “Hold” and a consensus target price of $48.00.
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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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