Huron Consulting Group Inc. (NASDAQ:HURN – Get Rating) – Investment analysts at Barrington Research lowered their Q1 2022 earnings per share (EPS) estimates for shares of Huron Consulting Group in a research report issued on Monday, April 25th. Barrington Research analyst K. Steinke now anticipates that the business services provider will earn $0.27 per share for the quarter, down from their previous forecast of $0.53.
Huron Consulting Group (NASDAQ:HURN – Get Rating) last posted its quarterly earnings results on Thursday, February 24th. The business services provider reported $0.80 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.03. The business had revenue of $248.30 million during the quarter, compared to the consensus estimate of $235.85 million. Huron Consulting Group had a net margin of 6.80% and a return on equity of 10.41%. Huron Consulting Group’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 earnings per share.
Shares of NASDAQ:HURN opened at $52.72 on Thursday. Huron Consulting Group has a 52 week low of $42.66 and a 52 week high of $59.09. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market capitalization of $1.12 billion, a PE ratio of 18.05 and a beta of 0.85. The company has a 50 day moving average price of $48.39 and a two-hundred day moving average price of $48.47.
In other news, CEO James H. Roth sold 4,661 shares of the company’s stock in a transaction that occurred on Monday, February 7th. The shares were sold at an average price of $43.60, for a total value of $203,219.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO James H. Roth sold 16,000 shares of the company’s stock in a transaction that occurred on Monday, March 7th. The shares were sold at an average price of $46.22, for a total transaction of $739,520.00. The disclosure for this sale can be found here. Insiders sold 27,105 shares of company stock valued at $1,255,126 in the last quarter. Corporate insiders own 2.02% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC boosted its holdings in shares of Huron Consulting Group by 41.9% in the third quarter. Eagle Bay Advisors LLC now owns 765 shares of the business services provider’s stock valued at $39,000 after buying an additional 226 shares during the period. IMA Wealth Inc. acquired a new position in Huron Consulting Group during the fourth quarter worth $95,000. KBC Group NV acquired a new position in Huron Consulting Group during the fourth quarter worth $143,000. Russell Investments Group Ltd. acquired a new position in Huron Consulting Group during the third quarter worth $158,000. Finally, Dupont Capital Management Corp acquired a new position in Huron Consulting Group during the first quarter worth $187,000. Institutional investors own 89.35% of the company’s stock.
Huron Consulting Group Company Profile (Get Rating)
Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Business Advisory, and Education. The Healthcare segment provides advisory services in the areas of financial and operational improvement, care transformation, and revenue cycle managed services; organizational transformation; and digital, technology and analytic solutions to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, medical groups, and health plans.
- Get a free copy of the StockNews.com research report on Huron Consulting Group (HURN)
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