Huron Consulting Group (HURN) Scheduled to Post Quarterly Earnings on Tuesday

Huron Consulting Group (NASDAQ:HURN) is scheduled to release its earnings data after the market closes on Tuesday, October 29th. Analysts expect Huron Consulting Group to post earnings of $1.62 per share for the quarter. Huron Consulting Group has set its FY24 guidance at $5.85-$6.15 EPS and its FY 2024 guidance at 5.850-6.150 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, July 30th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.20. Huron Consulting Group had a net margin of 5.46% and a return on equity of 20.44%. The firm had revenue of $371.70 million for the quarter, compared to the consensus estimate of $374.33 million. During the same quarter in the previous year, the firm posted $1.38 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. On average, analysts expect Huron Consulting Group to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Huron Consulting Group Stock Performance

Huron Consulting Group stock opened at $103.48 on Monday. Huron Consulting Group has a 12-month low of $84.26 and a 12-month high of $115.65. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of 29.82 and a beta of 0.61. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.93 and a quick ratio of 1.93. The firm’s fifty day moving average price is $107.09 and its 200 day moving average price is $100.29.

Insider Activity at Huron Consulting Group

In related news, insider Kyle Featherstone sold 820 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $108.07, for a total transaction of $88,617.40. Following the completion of the sale, the insider now owns 1,565 shares of the company’s stock, valued at $169,129.55. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO C. Mark Hussey sold 4,000 shares of the business’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $103.13, for a total transaction of $412,520.00. Following the completion of the sale, the chief executive officer now owns 81,081 shares of the company’s stock, valued at $8,361,883.53. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kyle Featherstone sold 820 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $108.07, for a total transaction of $88,617.40. Following the sale, the insider now directly owns 1,565 shares of the company’s stock, valued at approximately $169,129.55. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,168 shares of company stock valued at $1,170,515 in the last quarter. Insiders own 2.02% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on HURN. StockNews.com raised shares of Huron Consulting Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 3rd. Benchmark reissued a “buy” rating and issued a $140.00 target price on shares of Huron Consulting Group in a research report on Wednesday, July 31st. Finally, Barrington Research reissued an “outperform” rating and issued a $137.00 target price on shares of Huron Consulting Group in a research report on Monday, September 9th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.75.

Huron Consulting Group Company Profile

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children’s and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.