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

Other equities research analysts have also recently issued research reports about the stock. SunTrust Banks reiterated a “buy” rating and set a $48.00 price target on shares of Huron Consulting Group in a research report on Friday, October 20th. Zacks Investment Research upgraded shares of Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research report on Monday, October 16th. Finally, William Blair upgraded shares of Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research report on Friday, September 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $48.00.

Shares of Huron Consulting Group (NASDAQ HURN) opened at $40.00 on Friday. Huron Consulting Group has a 1 year low of $29.52 and a 1 year high of $54.15. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.45 and a current ratio of 1.45. The company has a market cap of $885.16, a P/E ratio of 19.51, a PEG ratio of 1.20 and a beta of 0.12.

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 consensus estimate of $0.55 by ($0.12). Huron Consulting Group had a positive return on equity of 7.50% and a negative net margin of 17.09%. The business had revenue of $176.40 million for the quarter, compared to analyst estimates of $181.27 million. During the same quarter in the prior year, the firm earned $0.92 EPS. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. research analysts expect that Huron Consulting Group will post 2.22 earnings per share for the current year.

Large investors have recently modified their holdings of the company. Legal & General Group Plc grew its holdings in Huron Consulting Group by 2.6% during the second quarter. Legal & General Group Plc now owns 7,631 shares of the business services provider’s stock valued at $329,000 after purchasing an additional 197 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Huron Consulting Group by 1.3% during the second quarter. The Manufacturers Life Insurance Company now owns 17,114 shares of the business services provider’s stock valued at $739,000 after purchasing an additional 220 shares during the period. Public Employees Retirement System of Ohio grew its holdings in Huron Consulting Group by 0.9% during the second quarter. Public Employees Retirement System of Ohio now owns 31,514 shares of the business services provider’s stock valued at $1,361,000 after purchasing an additional 275 shares during the period. Victory Capital Management Inc. grew its holdings in 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 valued at $151,000 after purchasing an additional 524 shares during the period. Finally, Rhumbline Advisers grew its holdings in Huron Consulting Group by 2.2% during the second quarter. Rhumbline Advisers now owns 28,648 shares of the business services provider’s stock valued at $1,238,000 after purchasing an additional 619 shares during the period. Institutional investors own 89.59% of the company’s stock.

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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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