Huron Consulting Group (HURN) Downgraded by BidaskClub

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

A number of other analysts have also recently issued reports on the company. William Blair upgraded Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research report on Friday, September 8th. SunTrust Banks restated a “buy” rating and set a $48.00 price objective on shares of Huron Consulting Group in a research report on Friday, October 20th. Finally, Zacks Investment Research upgraded Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research report on Monday, October 16th. One equities research 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. Huron Consulting Group currently has a consensus rating of “Hold” and an average price target of $48.00.

Huron Consulting Group (NASDAQ HURN) opened at $40.00 on Friday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $874.11, a P/E ratio of 19.27, a price-to-earnings-growth ratio of 1.19 and a beta of 0.12. Huron Consulting Group has a 1 year low of $29.52 and a 1 year high of $54.15.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Wednesday, November 1st. The business services provider reported $0.43 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.12). The business had revenue of $176.40 million during the quarter, compared to the consensus estimate of $181.27 million. Huron Consulting Group had a positive return on equity of 7.50% and a negative net margin of 17.09%. The business’s quarterly revenue was down 3.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.92 earnings per share. equities analysts anticipate that Huron Consulting Group will post 2.22 earnings per share for the current year.

A number of hedge funds have recently made changes to their positions in HURN. Teachers Advisors LLC boosted its stake in Huron Consulting Group by 3.1% in the 1st quarter. Teachers Advisors LLC now owns 36,476 shares of the business services provider’s stock valued at $1,536,000 after buying an additional 1,082 shares in the last quarter. Bank of Montreal Can acquired a new stake in Huron Consulting Group in the 2nd quarter valued at $177,000. Schwab Charles Investment Management Inc. boosted its stake in Huron Consulting Group by 14.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 135,214 shares of the business services provider’s stock valued at $5,842,000 after buying an additional 16,636 shares in the last quarter. Rhumbline Advisers boosted its stake in Huron Consulting Group by 2.2% in the 2nd quarter. Rhumbline Advisers now owns 28,648 shares of the business services provider’s stock valued at $1,238,000 after buying an additional 619 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in Huron Consulting Group by 16.8% in the second quarter. Advisors Asset Management Inc. now owns 8,136 shares of the business services provider’s stock worth $351,000 after purchasing an additional 1,172 shares in the last quarter. 89.59% of the stock is currently owned by institutional investors and hedge funds.

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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)

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