Huron Consulting Group Inc. (NASDAQ:HURN) – Analysts at SunTrust Banks lifted their FY2017 earnings per share (EPS) estimates for Huron Consulting Group in a note issued to investors on Thursday. SunTrust Banks analyst T. Sommer now expects that the business services provider will earn $2.25 per share for the year, up from their prior forecast of $2.20. SunTrust Banks has a “Buy” rating and a $48.00 price objective on the stock. SunTrust Banks also issued estimates for Huron Consulting Group’s Q4 2017 earnings at $0.78 EPS, Q1 2018 earnings at $0.57 EPS, Q2 2018 earnings at $0.71 EPS, Q3 2018 earnings at $0.70 EPS, Q4 2018 earnings at $0.61 EPS and FY2018 earnings at $2.60 EPS.

A number of other brokerages also recently commented on HURN. Zacks Investment Research upgraded Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research note on Monday, October 16th. TheStreet downgraded Huron Consulting Group from a “c” rating to a “d+” rating in a research note on Monday, July 31st. Finally, William Blair upgraded Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research note on Friday, September 8th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $48.00.

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Huron Consulting Group (HURN) opened at $39.15 on Monday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.71. Huron Consulting Group has a 52 week low of $29.52 and a 52 week high of $55.55. The company has a market capitalization of $866.37, a P/E ratio of 19.10, a price-to-earnings-growth ratio of 1.18 and a beta of 0.06.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Pacad Investment Ltd. boosted its position in shares of Huron Consulting Group by 80.0% during the second quarter. Pacad Investment Ltd. now owns 2,700 shares of the business services provider’s stock worth $117,000 after buying an additional 1,200 shares during the period. Victory Capital Management Inc. boosted its position in shares of Huron Consulting Group by 17.7% during the second quarter. Victory Capital Management Inc. now owns 3,485 shares of the business services provider’s stock worth $151,000 after buying an additional 524 shares during the period. SG Americas Securities LLC boosted its position in shares of Huron Consulting Group by 72.0% during the first quarter. SG Americas Securities LLC now owns 4,006 shares of the business services provider’s stock worth $169,000 after buying an additional 1,677 shares during the period. Bank of Montreal Can acquired a new position in shares of Huron Consulting Group during the second quarter worth approximately $177,000. Finally, BNP Paribas Arbitrage SA boosted its position in shares of Huron Consulting Group by 194.0% during the second quarter. BNP Paribas Arbitrage SA now owns 4,151 shares of the business services provider’s stock worth $179,000 after buying an additional 2,739 shares during the period. Institutional investors and hedge funds own 87.78% of the company’s stock.

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.

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

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