Huron Consulting Group (NASDAQ:HURN) released its quarterly earnings data on Tuesday, May 1st. The business services provider reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.29), Bloomberg Earnings reports. Huron Consulting Group had a positive return on equity of 7.60% and a negative net margin of 21.97%. The firm had revenue of $193.70 million for the quarter, compared to the consensus estimate of $181.54 million. During the same period in the previous year, the business earned $0.55 EPS. The firm’s revenue was up 2.6% compared to the same quarter last year. Huron Consulting Group updated its FY18 guidance to $2.10-$2.40 EPS.
Shares of Huron Consulting Group opened at $37.25 on Friday, according to Marketbeat.com. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.83 and a current ratio of 1.83. Huron Consulting Group has a twelve month low of $37.30 and a twelve month high of $37.55. The company has a market capitalization of $836.04 million, a price-to-earnings ratio of 20.84, a P/E/G ratio of 1.25 and a beta of 0.14.
In other news, CEO James H. Roth sold 17,500 shares of Huron Consulting Group stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $34.94, for a total value of $611,450.00. Following the sale, the chief executive officer now directly owns 233,190 shares in the company, valued at $8,147,658.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.70% of the company’s stock.
HURN has been the topic of a number of research reports. BidaskClub raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Wednesday, April 4th. Zacks Investment Research raised shares of Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 24th. Barrington Research reaffirmed a “hold” rating on shares of Huron Consulting Group in a research note on Thursday, May 3rd. Finally, ValuEngine lowered shares of Huron Consulting Group from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $48.00.
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 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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