Equities analysts expect Huron Consulting Group (NASDAQ:HURN) to report earnings per share of $0.68 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Huron Consulting Group’s earnings. The highest EPS estimate is $0.69 and the lowest is $0.66. Huron Consulting Group also posted earnings of $0.68 per share during the same quarter last year. The business is scheduled to report its next quarterly earnings report on Tuesday, February 26th.
On average, analysts expect that Huron Consulting Group will report full-year earnings of $2.10 per share for the current financial year, with EPS estimates ranging from $2.08 to $2.11. For the next year, analysts anticipate that the business will report earnings of $2.38 per share, with EPS estimates ranging from $2.37 to $2.40. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that cover Huron Consulting Group.
Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, October 30th. The business services provider reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. The company had revenue of $198.45 million for the quarter, compared to analyst estimates of $187.49 million. Huron Consulting Group had a positive return on equity of 8.93% and a negative net margin of 2.23%. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.43 earnings per share.
Shares of Huron Consulting Group stock traded up $0.48 during trading on Thursday, reaching $53.54. The stock had a trading volume of 93,198 shares, compared to its average volume of 125,937. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 24.90, a price-to-earnings-growth ratio of 1.87 and a beta of -0.16. Huron Consulting Group has a 52 week low of $32.05 and a 52 week high of $57.00. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.37 and a quick ratio of 1.37.
In related news, Director James D. Edwards sold 735 shares of the company’s stock in a transaction dated Monday, October 1st. The stock was sold at an average price of $49.21, for a total transaction of $36,169.35. Following the sale, the director now owns 24,371 shares in the company, valued at $1,199,296.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO James H. Roth sold 17,500 shares of the company’s stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $48.97, for a total value of $856,975.00. Following the sale, the chief executive officer now owns 215,397 shares in the company, valued at approximately $10,547,991.09. The disclosure for this sale can be found here. Corporate insiders own 2.70% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. raised its holdings in Huron Consulting Group by 83.8% during the second quarter. Advisors Asset Management Inc. now owns 10,795 shares of the business services provider’s stock worth $187,000 after acquiring an additional 4,923 shares in the last quarter. GSA Capital Partners LLP acquired a new position in Huron Consulting Group during the third quarter worth approximately $201,000. SG Americas Securities LLC increased its position in Huron Consulting Group by 50.2% during the second quarter. SG Americas Securities LLC now owns 5,244 shares of the business services provider’s stock worth $214,000 after buying an additional 1,752 shares during the last quarter. Stone Ridge Asset Management LLC acquired a new position in Huron Consulting Group during the third quarter worth approximately $217,000. Finally, Man Group plc acquired a new position in Huron Consulting Group during the third quarter worth approximately $218,000. Institutional investors and hedge funds own 86.75% of the company’s stock.
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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