Huron Consulting Group (HURN) Set to Announce Quarterly Earnings on Tuesday

Huron Consulting Group (NASDAQ:HURN) is set to issue its quarterly earnings data after the market closes on Tuesday, October 30th. Analysts expect the company to announce earnings of $0.59 per share for the quarter.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, July 31st. The business services provider reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.02). The firm had revenue of $197.50 million for the quarter, compared to analyst estimates of $185.73 million. Huron Consulting Group had a negative net margin of 2.79% and a positive return on equity of 8.02%. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.49 earnings per share. On average, analysts expect Huron Consulting Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Huron Consulting Group stock opened at $46.22 on Friday. The stock has a market cap of $1.05 billion, a PE ratio of 21.50, a PEG ratio of 1.67 and a beta of 0.08. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.54 and a quick ratio of 1.54. Huron Consulting Group has a 52-week low of $32.05 and a 52-week high of $51.70.



In related news, CEO James H. Roth sold 17,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $48.97, for a total value of $856,975.00. Following the transaction, the chief executive officer now directly owns 215,397 shares of the company’s stock, valued at approximately $10,547,991.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James D. Edwards sold 735 shares of the firm’s stock in a transaction that occurred on Monday, October 1st. The shares were sold at an average price of $49.21, for a total value of $36,169.35. Following the completion of the transaction, the director now directly owns 24,371 shares in the company, valued at $1,199,296.91. The disclosure for this sale can be found here. 2.70% of the stock is currently owned by company insiders.

HURN has been the subject of several research reports. Zacks Investment Research upgraded Huron Consulting Group from a “sell” rating to a “hold” rating in a report on Wednesday, July 4th. BidaskClub upgraded Huron Consulting Group from a “buy” rating to a “strong-buy” rating in a report on Friday, July 6th. TheStreet upgraded Huron Consulting Group from a “d+” rating to a “c-” rating in a report on Friday, July 20th. ValuEngine upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Monday, July 30th. Finally, Benchmark upgraded Huron Consulting Group from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a report on Wednesday, August 1st. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $53.67.

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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Earnings History for Huron Consulting Group (NASDAQ:HURN)

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