$0.38 EPS Expected for Huron Consulting Group Inc. (NASDAQ:HURN) This Quarter


Wall Street stockbrokers expect Huron Consulting Group Inc. (NASDAQ:HURNreceived rating) to report earnings per share of $0.38 for the current fiscal quarter Zacks Investment Research. Two analysts have made estimates for Huron Consulting Group’s earnings. The highest EPS estimate is $0.53 and the lowest is $0.30. The Huron Consulting Group reported earnings per share of $0.35 for the same quarter last year, indicating a positive growth rate of 8.6% year over year. The company is expected to announce its next earnings results on Monday, January 1st.

On average, analysts expect the Huron Consulting Group to report full-year earnings per share for the current fiscal year of $3.04, with EPS estimates ranging from $2.92 to $3.10. For the next year, analysts expect the company to report earnings of $3.52 per share, with EPS estimates ranging from $3.49 to $3.55. Zacks EPS averages are an average based on a survey of sell-side analysts covering the Huron Consulting Group.

Huron Advisory Group (NASDAQ:HURNreceived rating) last released its quarterly earnings data on Thursday, February 24. The business services provider reported earnings per share of $0.80 for the quarter, beating the consensus estimate of $0.77 by $0.03. The company had revenue of $248.30 million for the quarter, compared to analyst estimates of $235.85 million. Huron Consulting Group had a net margin of 6.80% and a return on equity of 10.41%. Quarterly revenue for the Huron Consulting Group increased 25.2% compared to the same quarter last year. In the same quarter last year, the company posted $0.45 per share.

Several analysts recently rated the stock. Zacks Investment Research upgraded the shares of Huron Consulting Group to a “buy” rating from a “hold” rating and issued a research note on Monday, February 2017 with a price target of $53.00 for the company. StockNews.com accepted coverage of Huron Consulting Group stock in a research note on Thursday, March st. They gave the company a buy rating. TheStreet downgraded shares of Huron Consulting Group from a “b-” rating to a “c+” rating in a research note on Tuesday, March 22. Finally, Barrington Research raised its target price on shares of Huron Consulting Group from $67.00 to $72.00 in a research report on Tuesday, April 5.

shares of NASDAQ:HURN rose $0.46 to $53.74 as of Friday midday. The company had a trading volume of 155,412 shares compared to an average volume of 132,275. The company has a 50-day moving average price of $47.00 and a 200-day moving average price of $48.36. The company has a market cap of $1.15 billion, a P/E of 18.40 and a beta of 0.85. The company has a gearing ratio of 0.41, a current ratio of 1.26 and a quick ratio of 1.26. Huron Consulting Group has a yearly low of $42.66 and a yearly high of $59.09.

In other Huron Consulting Group news, CEO James H. Roth sold 4,661 shares of Huron Consulting Group stock in a transaction on Monday, February 7th. The shares sold at an average price of $43.60 for a total transaction of $203,219.60. The transaction was disclosed in a filing with the SEC, which is available through this link. Also COO C. Mark Hussey sold 6,144 shares of Huron Consulting Group stock in one transaction on Tuesday, March 1. The stock sold at an average price of $48.58 for a total transaction of $298,475.52. Disclosure for this sale can be found here. Over the past three months, insiders sold 27,105 shares of the company’s shares, valued at $1,255,126. 2.02% of the shares are currently owned by insiders.

A number of institutional investors and hedge funds have recently been buying and selling HURN stock. SG Americas Securities LLC increased its stake in Huron Consulting Group by 2,042.2% during the third quarter. SG Americas Securities LLC now owns 50,514 shares of the corporate services provider, valued at $2,627,000, after purchasing an additional 48,156 shares last quarter. Asset Management One Co.Ltd. increased its stake in Huron Consulting Group shares by 115.4% in the third quarter. Asset Management One Co.Ltd. now owns 72,569 shares of the corporate services provider, valued at $3,773,000, after purchasing an additional 38,884 shares during the period. Victory Capital Management Inc. acquired a new stake in Huron Consulting Group stock valued at $348,000 during the third quarter. Segall Bryant & Hamill LLC increased its stake in Huron Consulting Group stock by 2.1% in the third quarter. Segall Bryant & Hamill LLC now owns 312,111 shares of the business services provider valued at $16,231,000 after purchasing an additional 6,384 shares during the period. Finally, Horrell Capital Management Inc. increased its stake in Huron Consulting Group stock by 52.0% during the third quarter. Horrell Capital Management Inc. now owns 98,807 shares of the business services provider valued at $5,138,000 after purchasing an additional 33,807 shares during the period. 89.35% of the shares are currently owned by hedge funds and other institutional investors.

Huron Consulting Group company profile (received rating)

Huron Consulting Group Inc, a professional services firm, provides consulting services in the United States and internationally. It operates through three segments: Healthcare, Business Consulting, and Education. The Healthcare segment provides consulting services in the areas of financial and operational improvement, care transformation and managed services in the revenue cycle; organizational transformation; and digital, technological and analytical solutions for national and regional hospitals, integrated health systems, academic medical centers, community hospitals, medical groups and health plans.

Continue reading

Get a Free Copy of Zacks Research Report on Huron Consulting Group (HURN)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

Earnings History and Estimates for Huron Consulting Group (NASDAQ:HURN)



Receive daily news and reviews for the Huron Consulting Group – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Huron Consulting Group and related companies with MarketBeat.com’s FREE daily email newsletter.

Leave a Comment