Wall Street analysts expect that Huron Consulting Group Inc. (NASDAQ:HURN) will report sales of $190.54 million for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Huron Consulting Group’s earnings, with estimates ranging from $185.42 million to $194.40 million. Huron Consulting Group posted sales of $203.24 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 6.2%. The business is scheduled to announce its next quarterly earnings results after the market closes on Thursday, July 27th.

According to Zacks, analysts expect that Huron Consulting Group will report full-year sales of $190.54 million for the current fiscal year, with estimates ranging from $766.25 million to $771.10 million. For the next fiscal year, analysts expect that the company will report sales of $805.95 million per share, with estimates ranging from $794.26 million to $817.20 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Huron Consulting Group.

Huron Consulting Group (NASDAQ:HURN) last released its earnings results on Monday, May 1st. The business services provider reported $0.55 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.01. The firm had revenue of $188.80 million during the quarter, compared to analyst estimates of $177.10 million. Huron Consulting Group had a net margin of 4.58% and a return on equity of 10.43%. The business’s revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.62 EPS.

A number of analysts have recently issued reports on HURN shares. Avondale Partners upgraded shares of Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research note on Friday, March 24th. Zacks Investment Research cut shares of Huron Consulting Group from a “hold” rating to a “sell” rating in a research note on Wednesday, April 19th. Benchmark Co. began coverage on shares of Huron Consulting Group in a research note on Tuesday, May 23rd. They set a “hold” rating for the company. Finally, ValuEngine cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $60.00.

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In other news, Director James D. Edwards sold 602 shares of the business’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $43.32, for a total value of $26,078.64. Following the completion of the transaction, the director now directly owns 22,730 shares in the company, valued at approximately $984,663.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.70% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of the stock. Victory Capital Management Inc. boosted its position in shares of Huron Consulting Group by 81.2% in the first quarter. Victory Capital Management Inc. now owns 2,961 shares of the business services provider’s stock valued at $125,000 after buying an additional 1,327 shares during the last quarter. Quantbot Technologies LP boosted its position in shares of Huron Consulting Group by 18.1% in the first quarter. Quantbot Technologies LP now owns 3,823 shares of the business services provider’s stock valued at $160,000 after buying an additional 585 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of Huron Consulting Group by 72.0% in the first quarter. SG Americas Securities LLC now owns 4,006 shares of the business services provider’s stock valued at $169,000 after buying an additional 1,677 shares during the last quarter. Bank of Montreal Can purchased a new position in shares of Huron Consulting Group during the second quarter valued at approximately $177,000. Finally, MARSHALL WACE ASIA Ltd purchased a new position in shares of Huron Consulting Group during the first quarter valued at approximately $238,000. Institutional investors own 88.38% of the company’s stock.

Huron Consulting Group (HURN) traded down 0.35% on Friday, reaching $42.25. 61,448 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $42.73 and its 200-day moving average is $43.40. Huron Consulting Group has a 12 month low of $39.15 and a 12 month high of $65.00. The firm has a market cap of $897.35 million, a PE ratio of 24.56 and a beta of 0.15.

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.

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

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