Analysts Anticipate Huron Consulting Group (HURN) to Post $0.33 Earnings Per Share
Wall Street brokerages expect Huron Consulting Group (NASDAQ:HURN) to post earnings of $0.33 per share for the current quarter, Zacks reports. Three analysts have issued estimates for Huron Consulting Group’s earnings. The highest EPS estimate is $0.36 and the lowest is $0.27. Huron Consulting Group reported earnings per share of $0.19 in the same quarter last year, which indicates a positive year over year growth rate of 73.7%. The business is scheduled to announce its next earnings results on Tuesday, May 7th.
On average, analysts expect that Huron Consulting Group will report full-year earnings of $2.37 per share for the current fiscal year, with EPS estimates ranging from $2.34 to $2.40. For the next financial year, analysts forecast that the company will post earnings of $2.56 per share, with EPS estimates ranging from $2.45 to $2.73. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Huron Consulting Group.
Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, February 26th. The business services provider reported $0.66 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.66. Huron Consulting Group had a net margin of 1.55% and a return on equity of 8.74%. The company had revenue of $205.45 million during the quarter, compared to the consensus estimate of $194.02 million. During the same quarter in the prior year, the company posted $0.68 EPS. The company’s quarterly revenue was up 10.5% compared to the same quarter last year.
In other news, Director James D. Edwards sold 735 shares of the business’s stock in a transaction dated Wednesday, January 2nd. The stock was sold at an average price of $49.99, for a total transaction of $36,742.65. Following the completion of the sale, the director now owns 23,636 shares in the company, valued at approximately $1,181,563.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO James H. Roth sold 17,500 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $47.10, for a total value of $824,250.00. Following the sale, the chief executive officer now owns 207,720 shares of the company’s stock, valued at approximately $9,783,612. The disclosure for this sale can be found here. 3.08% of the stock is currently owned by insiders.
Several large investors have recently modified their holdings of HURN. Meeder Asset Management Inc. purchased a new stake in shares of Huron Consulting Group during the 4th quarter worth about $50,000. PNC Financial Services Group Inc. grew its holdings in shares of Huron Consulting Group by 22.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,723 shares of the business services provider’s stock worth $88,000 after purchasing an additional 317 shares during the period. Whittier Trust Co. purchased a new stake in shares of Huron Consulting Group during the 4th quarter worth about $180,000. GSA Capital Partners LLP purchased a new stake in shares of Huron Consulting Group during the 3rd quarter worth about $201,000. Finally, Stone Ridge Asset Management LLC purchased a new stake in shares of Huron Consulting Group during the 3rd quarter worth about $217,000. Institutional investors and hedge funds own 89.46% of the company’s stock.
NASDAQ HURN opened at $47.71 on Friday. Huron Consulting Group has a 12 month low of $34.25 and a 12 month high of $57.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.56 and a quick ratio of 0.56. The stock has a market cap of $1.06 billion, a PE ratio of 22.94, a P/E/G ratio of 1.47 and a beta of -0.07.
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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