Huron Consulting Group Inc. (NASDAQ:HURN) – Barrington Research dropped their FY2018 earnings per share (EPS) estimates for Huron Consulting Group in a note issued to investors on Tuesday. Barrington Research analyst K. Steinke now forecasts that the business services provider will post earnings per share of $2.35 for the year, down from their previous forecast of $2.45.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Wednesday, November 1st. The business services provider reported $0.43 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.12). The firm had revenue of $176.40 million for the quarter, compared to the consensus estimate of $181.27 million. Huron Consulting Group had a positive return on equity of 7.50% and a negative net margin of 17.09%. The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.92 earnings per share.

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HURN has been the subject of several other reports. SunTrust Banks, Inc. restated a “buy” rating and set a $48.00 target price on shares of Huron Consulting Group in a research report on Friday, October 20th. Zacks Investment Research upgraded Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research report on Monday, October 16th. William Blair upgraded Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research report on Friday, September 8th. Finally, TheStreet lowered Huron Consulting Group from a “c” rating to a “d+” rating in a research report on Monday, July 31st. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $48.00.

Shares of Huron Consulting Group (NASDAQ HURN) traded up $0.50 during trading hours on Wednesday, reaching $40.50. The company’s stock had a trading volume of 85,600 shares, compared to its average volume of 144,004. The company has a market cap of $885.18, a PE ratio of 19.51, a P/E/G ratio of 1.20 and a beta of 0.06. Huron Consulting Group has a 12-month low of $29.52 and a 12-month high of $55.55. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.45 and a quick ratio of 1.45.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. California Public Employees Retirement System raised its stake in shares of Huron Consulting Group by 13.0% during the 3rd quarter. California Public Employees Retirement System now owns 59,870 shares of the business services provider’s stock worth $2,054,000 after purchasing an additional 6,870 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of Huron Consulting Group during the 3rd quarter worth approximately $211,000. Atlanta Capital Management Co. L L C raised its stake in shares of Huron Consulting Group by 1.2% during the 3rd quarter. Atlanta Capital Management Co. L L C now owns 445,811 shares of the business services provider’s stock worth $15,291,000 after purchasing an additional 5,231 shares in the last quarter. Hartford Investment Management Co. raised its stake in shares of Huron Consulting Group by 30.9% during the 3rd quarter. Hartford Investment Management Co. now owns 120,179 shares of the business services provider’s stock worth $4,122,000 after purchasing an additional 28,391 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Huron Consulting Group by 10.1% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 148,895 shares of the business services provider’s stock worth $5,108,000 after purchasing an additional 13,681 shares in the last quarter. Hedge funds and other institutional investors own 87.88% of the company’s stock.

About Huron Consulting Group

Huron Consulting Group Inc is a global professional services firm. The Company offers solutions in operations, advisory services, technology and analytics for healthcare, higher education, life sciences and commercial sectors. The Company’s segments include Healthcare, Education and Life Sciences, and Business Advisory.

Earnings History and Estimates for Huron Consulting Group (NASDAQ:HURN)

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