Huron Consulting Group (NASDAQ:HURN) Announces Quarterly Earnings Results

Huron Consulting Group (NASDAQ:HURN) announced its quarterly earnings data on Tuesday. The business services provider reported $2.62 EPS for the quarter, beating the consensus estimate of $2.47 by $0.15, FiscalAI reports. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%. The company had revenue of $491.45 million for the quarter, compared to the consensus estimate of $481.38 million.

Huron Consulting Group Stock Up 1.6%

Shares of Huron Consulting Group stock traded up $3.17 during trading on Tuesday, hitting $198.17. 584,034 shares of the stock traded hands, compared to its average volume of 301,331. The firm has a market cap of $3.15 billion, a P/E ratio of 29.67 and a beta of 0.09. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 2.11. Huron Consulting Group has a 52-week low of $84.88 and a 52-week high of $203.37. The stock’s fifty day simple moving average is $166.72 and its 200 day simple moving average is $138.84.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on HURN shares. Truist Financial upped their price target on shares of Huron Consulting Group from $175.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, October 23rd. Weiss Ratings raised shares of Huron Consulting Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Zacks Research downgraded shares of Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Finally, Evercore raised shares of Huron Consulting Group to an “outperform” rating in a research report on Friday, October 23rd. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $200.50.

Huron Consulting Group Company Profile

Huron Consulting Group, Inc is a professional services firm that helps organizations improve performance, manage change, and use technology to address complex business challenges. The company serves clients in the healthcare, education, and public sectors, as well as commercial organizations.

Its services include operational and financial improvement, strategy and organizational consulting, digital transformation, technology implementation, data and analytics, and managed services. Huron also provides specialized advisory support for hospitals and health systems, colleges and universities, government agencies, and businesses seeking to improve processes, financial performance, and customer or patient experiences.

Founded in 2002 and headquartered in Chicago, Huron serves clients across the United States and internationally.