Brokerages expect that Huron Consulting Group (NASDAQ:HURN) will report $0.20 earnings per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Huron Consulting Group’s earnings. The highest EPS estimate is $0.27 and the lowest is $0.14. Huron Consulting Group reported earnings per share of $0.76 during the same quarter last year, which indicates a negative year over year growth rate of 73.7%. The business is scheduled to report its next earnings report on Tuesday, August 4th.
On average, analysts expect that Huron Consulting Group will report full year earnings of $1.31 per share for the current year, with EPS estimates ranging from $1.10 to $1.60. For the next fiscal year, analysts anticipate that the business will report earnings of $2.69 per share, with EPS estimates ranging from $2.44 to $2.98. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Huron Consulting Group.
Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Thursday, April 30th. The business services provider reported $0.44 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.06. The business had revenue of $222.62 million for the quarter, compared to analyst estimates of $213.27 million. Huron Consulting Group had a positive return on equity of 11.03% and a negative net margin of 0.39%. The company’s quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.40 EPS.
Shares of NASDAQ:HURN traded up $0.93 during trading on Monday, hitting $40.19. 108,359 shares of the stock were exchanged, compared to its average volume of 186,266. The company has a fifty day moving average price of $46.13 and a two-hundred day moving average price of $59.26. The company has a market cap of $897.05 million, a PE ratio of 14.12, a P/E/G ratio of 2.22 and a beta of 0.68. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.99. Huron Consulting Group has a 12-month low of $35.15 and a 12-month high of $70.91.
In related news, COO C. Mark Hussey sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $55.00, for a total value of $110,000.00. Following the sale, the chief operating officer now owns 68,119 shares of the company’s stock, valued at approximately $3,746,545. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO James H. Roth sold 1,210 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $55.75, for a total value of $67,457.50. Following the transaction, the chief executive officer now directly owns 185,923 shares in the company, valued at approximately $10,365,207.25. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,575 shares of company stock worth $193,357. 2.20% of the stock is owned by corporate insiders.
Several institutional investors have recently modified their holdings of HURN. Norges Bank purchased a new position in shares of Huron Consulting Group during the 4th quarter worth $32,391,000. Nuveen Asset Management LLC lifted its stake in shares of Huron Consulting Group by 134.4% during the 1st quarter. Nuveen Asset Management LLC now owns 273,691 shares of the business services provider’s stock worth $12,414,000 after purchasing an additional 156,924 shares during the period. Atlanta Capital Management Co. L L C lifted its stake in shares of Huron Consulting Group by 22.9% during the 1st quarter. Atlanta Capital Management Co. L L C now owns 652,766 shares of the business services provider’s stock worth $29,609,000 after purchasing an additional 121,535 shares during the period. Columbus Circle Investors lifted its stake in shares of Huron Consulting Group by 257.7% during the 1st quarter. Columbus Circle Investors now owns 105,416 shares of the business services provider’s stock worth $4,782,000 after purchasing an additional 75,949 shares during the period. Finally, Aristotle Capital Boston LLC lifted its stake in shares of Huron Consulting Group by 24.7% during the 1st quarter. Aristotle Capital Boston LLC now owns 263,351 shares of the business services provider’s stock worth $11,946,000 after purchasing an additional 52,211 shares during the period. 88.49% of the stock is currently owned by institutional investors.
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 excellence, 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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