FY2025 EPS Estimates for HURN Lowered by Barrington Research

Key Points

• Barrington Research has revised down their FY2025 earnings per share (EPS) estimate for Huron Consulting Group to $7.50, slightly lower than the previous forecast of $7.54.
• In the most recent quarter, Huron Consulting Group reported $1.89 EPS, exceeding analyst expectations of $1.79, with a year-over-year revenue increase of 8.3%.
• The company's stock has received a "Moderate Buy" consensus rating, with a price target of $171.50, although Wall Street Zen has downgraded it from a "buy" to a "hold" rating.

Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) - Equities researchers at Barrington Research lowered their FY2025 earnings estimates for shares of Huron Consulting Group in a research note issued to investors on Thursday, August 7th. Barrington Research analyst K. Steinke now anticipates that the business services provider will post earnings per share of $7.50 for the year, down from their previous forecast of $7.54. Barrington Research currently has a "Outperform" rating and a $176.00 price objective on the stock. The consensus estimate for Huron Consulting Group's current full-year earnings is $6.10 per share.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its earnings results on Thursday, July 31st. The business services provider reported $1.89 EPS for the quarter, topping the consensus estimate of $1.79 by $0.10. Huron Consulting Group had a net margin of 6.60% and a return on equity of 25.52%. The firm had revenue of $402.50 million for the quarter, compared to analysts' expectations of $402.67 million. During the same quarter last year, the firm earned $1.68 EPS. The company's quarterly revenue was up 8.3% compared to the same quarter last year.

Separately, Wall Street Zen cut shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Huron Consulting Group presently has an average rating of "Moderate Buy" and an average target price of $171.50.

Huron Consulting Group Stock Performance

Shares of Huron Consulting Group stock traded down $2.81 during mid-day trading on Monday, hitting $134.19. 45,910 shares of the stock were exchanged, compared to its average volume of 204,568. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.99 and a current ratio of 1.99. The company has a market capitalization of $2.32 billion, a P/E ratio of 23.43 and a beta of 0.26. The company has a 50-day simple moving average of $134.18 and a 200 day simple moving average of $138.55. Huron Consulting Group has a 12 month low of $102.58 and a 12 month high of $155.00.

Institutional Investors Weigh In On Huron Consulting Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Huron Consulting Group by 149.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,199,574 shares of the business services provider's stock valued at $172,079,000 after purchasing an additional 719,199 shares in the last quarter. Nuveen LLC purchased a new position in shares of Huron Consulting Group during the 1st quarter valued at $38,511,000. BloombergSen Inc. purchased a new position in shares of Huron Consulting Group during the 2nd quarter valued at $32,157,000. Franklin Resources Inc. grew its position in shares of Huron Consulting Group by 27.5% during the 2nd quarter. Franklin Resources Inc. now owns 610,908 shares of the business services provider's stock valued at $84,024,000 after purchasing an additional 131,620 shares in the last quarter. Finally, SG Capital Management LLC purchased a new position in shares of Huron Consulting Group during the 2nd quarter valued at $14,860,000. Institutional investors own 93.90% of the company's stock.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the business's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $129.11, for a total transaction of $64,555.00. Following the sale, the director owned 51,317 shares of the company's stock, valued at $6,625,537.87. The trade was a 0.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Joy Brown sold 668 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $149.74, for a total transaction of $100,026.32. Following the sale, the director directly owned 8,896 shares in the company, valued at $1,332,087.04. The trade was a 6.98% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,708 shares of company stock worth $633,121. Company insiders own 2.15% of the company's stock.

Huron Consulting Group Company Profile

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children's and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.