Huron Consulting Group (HURN) Releases FY 2018 Earnings Guidance

Huron Consulting Group (NASDAQ:HURN) issued an update on its FY 2018 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $2.02-2.18 for the period, compared to the Thomson Reuters consensus estimate of $2.07. The company issued revenue guidance of $775-790 million, compared to the consensus revenue estimate of $767.58 million.

Shares of HURN traded up $1.25 during trading hours on Tuesday, reaching $46.80. 91,072 shares of the company traded hands, compared to its average volume of 111,436. The firm has a market capitalization of $1.04 billion, a P/E ratio of 21.77, a P/E/G ratio of 1.65 and a beta of 0.08. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.54 and a current ratio of 1.54. Huron Consulting Group has a 1-year low of $32.05 and a 1-year high of $51.70.

A number of research analysts have recently commented on HURN shares. ValuEngine raised shares of Huron Consulting Group from a hold rating to a buy rating in a research report on Monday, July 30th. TheStreet raised shares of Huron Consulting Group from a d+ rating to a c- rating in a research report on Friday, July 20th. BidaskClub lowered shares of Huron Consulting Group from a strong-buy rating to a buy rating in a research report on Saturday, October 6th. Zacks Investment Research raised shares of Huron Consulting Group from a sell rating to a hold rating in a research report on Thursday, October 4th. Finally, Barrington Research raised shares of Huron Consulting Group from a market perform rating to an outperform rating and set a $55.00 price objective for the company in a research report on Tuesday, August 28th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of $53.67.

In related news, CEO James H. Roth sold 17,500 shares of the stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $48.97, for a total value of $856,975.00. Following the completion of the transaction, the chief executive officer now owns 215,397 shares of the company’s stock, valued at $10,547,991.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James D. Edwards sold 735 shares of the stock in a transaction dated Monday, October 1st. The stock was sold at an average price of $49.21, for a total transaction of $36,169.35. Following the completion of the transaction, the director now directly owns 24,371 shares of the company’s stock, valued at approximately $1,199,296.91. The disclosure for this sale can be found here. 3.08% of the stock is currently owned by corporate insiders.

About Huron Consulting Group

Huron Consulting Group Inc, a professional services firm, provides advisory, technology, and analytic solutions in the United States and internationally. Its Healthcare segment provides advisory services in the areas of strategy, care transformation, financial and operational performance, technology and analytics, and leadership development to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, and medical groups.

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

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