Analysts expect that Huron Consulting Group (NASDAQ:HURN) will announce earnings of $0.47 per share for the current quarter, according to Zacks. Three analysts have provided estimates for Huron Consulting Group’s earnings. The highest EPS estimate is $0.50 and the lowest is $0.45. Huron Consulting Group posted earnings per share of $0.55 during the same quarter last year, which would indicate a negative year over year growth rate of 14.5%. The firm is scheduled to report its next earnings results on Monday, May 7th.
According to Zacks, analysts expect that Huron Consulting Group will report full-year earnings of $2.23 per share for the current financial year, with EPS estimates ranging from $2.18 to $2.25. For the next fiscal year, analysts expect that the business will post earnings of $2.48 per share, with EPS estimates ranging from $2.43 to $2.52. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Huron Consulting Group.
Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, February 27th. The business services provider reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Huron Consulting Group had a negative net margin of 21.06% and a positive return on equity of 8.43%. The company had revenue of $205.24 million during the quarter, compared to analysts’ expectations of $189.42 million.
HURN has been the topic of a number of recent research reports. BidaskClub lowered Huron Consulting Group from a “hold” rating to a “sell” rating in a research note on Saturday, December 16th. Zacks Investment Research lowered Huron Consulting Group from a “hold” rating to a “sell” rating in a research note on Wednesday, January 3rd. Finally, Barrington Research reaffirmed a “market perform” rating on shares of Huron Consulting Group in a research note on Wednesday, March 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $48.00.
In other Huron Consulting Group news, CEO James H. Roth sold 17,500 shares of the stock in a transaction on Monday, March 5th. The stock was sold at an average price of $34.94, for a total transaction of $611,450.00. Following the transaction, the chief executive officer now owns 233,190 shares of the company’s stock, valued at approximately $8,147,658.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 2.70% of the company’s stock.
Several institutional investors have recently modified their holdings of HURN. Stone Ridge Asset Management LLC purchased a new position in shares of Huron Consulting Group during the 4th quarter worth $210,000. Cubist Systematic Strategies LLC purchased a new position in shares of Huron Consulting Group during the 3rd quarter worth $211,000. Nisa Investment Advisors LLC lifted its stake 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 worth $243,000 after purchasing an additional 3,000 shares during the period. Unison Advisors LLC purchased a new position in shares of Huron Consulting Group during the 4th quarter worth $244,000. Finally, SG Americas Securities LLC lifted its stake in shares of Huron Consulting Group by 109.3% during the 3rd quarter. SG Americas Securities LLC now owns 7,150 shares of the business services provider’s stock worth $245,000 after purchasing an additional 3,734 shares during the period. 93.06% of the stock is currently owned by institutional investors.
HURN stock opened at $38.90 on Friday. Huron Consulting Group has a 1 year low of $29.52 and a 1 year high of $46.85. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.37 and a current ratio of 1.37. The company has a market capitalization of $872.04, a P/E ratio of 18.09, a P/E/G ratio of 1.29 and a beta of 0.15.
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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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