Analysts Expect Huron Consulting Group Inc. (NASDAQ:HURN) Will Post Earnings of $0.34 Per Share

Equities research analysts expect Huron Consulting Group Inc. (NASDAQ:HURN) to report earnings of $0.34 per share for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Huron Consulting Group’s earnings, with estimates ranging from $0.34 to $0.35. Huron Consulting Group posted earnings per share of $0.79 during the same quarter last year, which would suggest a negative year-over-year growth rate of 57%. The business is expected to announce its next quarterly earnings results after the market closes on Tuesday, February 23rd.

According to Zacks, analysts expect that Huron Consulting Group will report full-year earnings of $2.04 per share for the current financial year, with EPS estimates ranging from $2.04 to $2.05. For the next year, analysts expect that the business will report earnings of $2.43 per share, with EPS estimates ranging from $2.22 to $2.55. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Huron Consulting Group.

HURN has been the topic of a number of recent research reports. Zacks Investment Research raised Huron Consulting Group from a “sell” rating to a “hold” rating and set a $66.00 price objective on the stock in a research note on Tuesday, January 5th. Sidoti initiated coverage on Huron Consulting Group in a research note on Friday, January 22nd. They set a “buy” rating on the stock. Benchmark raised Huron Consulting Group from a “hold” rating to a “buy” rating and set a $64.00 price objective on the stock in a research note on Friday, December 18th. Finally, Truist Financial lowered their price objective on Huron Consulting Group from $68.00 to $62.00 in a research note on Wednesday, November 4th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $64.00.

In related news, CEO James H. Roth sold 18,800 shares of the stock in a transaction dated Monday, December 7th. The stock was sold at an average price of $46.56, for a total transaction of $875,328.00. Following the transaction, the chief executive officer now owns 135,009 shares of the company’s stock, valued at approximately $6,286,019.04. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.20% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. S&T Bank increased its holdings in Huron Consulting Group by 1.0% during the 4th quarter. S&T Bank now owns 157,887 shares of the business services provider’s stock worth $9,308,000 after purchasing an additional 1,500 shares during the period. Rice Hall James & Associates LLC increased its holdings in Huron Consulting Group by 11.4% during the 4th quarter. Rice Hall James & Associates LLC now owns 62,046 shares of the business services provider’s stock worth $3,658,000 after purchasing an additional 6,374 shares during the period. Price T Rowe Associates Inc. MD purchased a new stake in Huron Consulting Group during the 4th quarter worth about $25,891,000. The Manufacturers Life Insurance Company increased its holdings in Huron Consulting Group by 2.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 13,555 shares of the business services provider’s stock worth $799,000 after purchasing an additional 379 shares during the period. Finally, Credit Suisse AG increased its holdings in Huron Consulting Group by 1.8% during the 4th quarter. Credit Suisse AG now owns 638,074 shares of the business services provider’s stock worth $37,614,000 after purchasing an additional 11,326 shares during the period. Institutional investors own 87.37% of the company’s stock.

Shares of HURN traded down $0.99 during trading hours on Tuesday, hitting $58.15. 2,668 shares of the stock were exchanged, compared to its average volume of 92,900. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.48 and a current ratio of 1.48. Huron Consulting Group has a 12-month low of $35.15 and a 12-month high of $69.83. The company has a market cap of $1.33 billion, a price-to-earnings ratio of -295.69, a price-to-earnings-growth ratio of 1.69 and a beta of 0.92. The stock’s 50-day moving average price is $57.08 and its two-hundred day moving average price is $48.06.

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 financial and operational improvement, care transformation, culture and organizational excellence, strategy, and technology and analytics to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, and medical groups.

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