Brokerages expect Huron Consulting Group Inc. (NASDAQ:HURN) to report earnings of $0.76 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Huron Consulting Group’s earnings, with estimates ranging from $0.74 to $0.77. Huron Consulting Group reported earnings per share of $0.59 during the same quarter last year, which would indicate a positive year over year growth rate of 28.8%. The firm is expected to issue its next earnings results on Monday, November 1st.
On average, analysts expect that Huron Consulting Group will report full year earnings of $2.59 per share for the current fiscal year, with EPS estimates ranging from $2.55 to $2.62. For the next fiscal year, analysts anticipate that the business will report earnings of $2.93 per share, with EPS estimates ranging from $2.86 to $3.04. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Huron Consulting Group.
Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Thursday, July 29th. The business services provider reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.23. Huron Consulting Group had a return on equity of 8.43% and a net margin of 2.73%. The firm had revenue of $230.13 million for the quarter, compared to the consensus estimate of $211.38 million.
In other Huron Consulting Group news, CEO James H. Roth sold 17,000 shares of the business’s stock in a transaction on Tuesday, September 7th. The shares were sold at an average price of $48.95, for a total transaction of $832,150.00. Following the sale, the chief executive officer now owns 136,722 shares of the company’s stock, valued at approximately $6,692,541.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.13% of the company’s stock.
Hedge funds have recently modified their holdings of the business. Huntington National Bank increased its holdings in shares of Huron Consulting Group by 41.3% in the second quarter. Huntington National Bank now owns 1,543 shares of the business services provider’s stock worth $76,000 after purchasing an additional 451 shares during the period. Swiss National Bank grew its position in Huron Consulting Group by 1.0% in the first quarter. Swiss National Bank now owns 52,300 shares of the business services provider’s stock worth $2,635,000 after acquiring an additional 500 shares in the last quarter. WINTON GROUP Ltd grew its position in Huron Consulting Group by 10.1% in the second quarter. WINTON GROUP Ltd now owns 5,610 shares of the business services provider’s stock worth $276,000 after acquiring an additional 514 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in Huron Consulting Group in the second quarter worth $28,000. Finally, S&T Bank grew its position in Huron Consulting Group by 0.4% in the first quarter. S&T Bank now owns 158,494 shares of the business services provider’s stock worth $7,985,000 after acquiring an additional 607 shares in the last quarter. 89.27% of the stock is currently owned by institutional investors and hedge funds.
Shares of NASDAQ:HURN traded up $1.22 during mid-day trading on Thursday, reaching $51.29. The company had a trading volume of 120,752 shares, compared to its average volume of 117,721. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.50. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 48.85 and a beta of 0.94. The company’s 50-day moving average price is $48.15 and its 200-day moving average price is $51.34. Huron Consulting Group has a one year low of $37.46 and a one year high of $61.99.
About Huron Consulting Group
Huron Consulting Group, Inc engages in the provision of operational and financial consulting services. It operates through the following business segments: Healthcare, Business Advisory, and Education. The Healthcare segment provides advisory services in the areas of care transformation, financial and operational excellence, technology and analytics, and leadership development to national and regional hospitals and integrated health systems, academic medical centers, community hospitals, and medical groups.
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