Huron Consulting Group (NASDAQ:HURN) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a report released on Saturday.

A number of other analysts have also issued reports on HURN. SunTrust Banks restated a “buy” rating and issued a $48.00 target price on shares of Huron Consulting Group in a report on Friday, October 20th. Zacks Investment Research upgraded Huron Consulting Group from a “strong sell” rating to a “hold” rating in a report on Monday, October 16th. Finally, William Blair upgraded Huron Consulting Group from a “market perform” rating to an “outperform” rating in a report on Friday, September 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $48.00.

Shares of Huron Consulting Group (NASDAQ:HURN) opened at $40.00 on Friday. Huron Consulting Group has a 52-week low of $29.52 and a 52-week high of $54.15. The company has a market capitalization of $880.75, a price-to-earnings ratio of 19.42, a PEG ratio of 1.20 and a beta of 0.12. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.45 and a current ratio of 1.45.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Wednesday, November 1st. The business services provider reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.12). Huron Consulting Group had a negative net margin of 17.09% and a positive return on equity of 7.50%. The company had revenue of $176.40 million for the quarter, compared to analyst estimates of $181.27 million. During the same quarter last year, the company posted $0.92 EPS. Huron Consulting Group’s revenue was down 3.8% on a year-over-year basis. sell-side analysts forecast that Huron Consulting Group will post 2.22 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in HURN. Pacad Investment Ltd. lifted its holdings in shares of Huron Consulting Group by 80.0% in the second quarter. Pacad Investment Ltd. now owns 2,700 shares of the business services provider’s stock valued at $117,000 after purchasing an additional 1,200 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Huron Consulting Group by 17.7% in the second quarter. Victory Capital Management Inc. now owns 3,485 shares of the business services provider’s stock valued at $151,000 after purchasing an additional 524 shares in the last quarter. Bank of Montreal Can purchased a new stake in shares of Huron Consulting Group in the second quarter valued at $177,000. BNP Paribas Arbitrage SA lifted its holdings in shares of Huron Consulting Group by 194.0% in the second quarter. BNP Paribas Arbitrage SA now owns 4,151 shares of the business services provider’s stock valued at $179,000 after purchasing an additional 2,739 shares in the last quarter. Finally, Trexquant Investment LP purchased a new stake in shares of Huron Consulting Group in the third quarter valued at $200,000. Institutional investors own 89.59% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Huron Consulting Group (HURN) Downgraded by BidaskClub to “Sell”” was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/12/16/huron-consulting-group-hurn-downgraded-by-bidaskclub-to-sell.html.

Huron Consulting Group Company Profile

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.

Analyst Recommendations for Huron Consulting Group (NASDAQ:HURN)

Receive News & Ratings for Huron Consulting Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huron Consulting Group and related companies with MarketBeat.com's FREE daily email newsletter.