Huron Consulting Group (NASDAQ:HURN) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

Several other brokerages have also issued reports on HURN. Zacks Investment Research raised Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research note on Monday, October 16th. SunTrust Banks reaffirmed a “buy” rating and issued a $48.00 target price on shares of Huron Consulting Group in a research note on Friday, October 20th. Finally, William Blair raised Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research note on Friday, September 8th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $48.00.

Huron Consulting Group (HURN) opened at $39.90 on Wednesday. The company has a market capitalization of $885.18, a PE ratio of -6.25, a PEG ratio of 1.20 and a beta of 0.12. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.71. Huron Consulting Group has a twelve month low of $29.52 and a twelve month high of $52.60.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Wednesday, November 1st. The business services provider reported $0.43 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.12). The firm had revenue of $176.40 million during the quarter, compared to analysts’ expectations of $181.27 million. Huron Consulting Group had a positive return on equity of 7.50% and a negative net margin of 17.09%. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.92 EPS. research analysts forecast that Huron Consulting Group will post 2.22 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Pacad Investment Ltd. boosted its stake 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 valued at $117,000 after purchasing an additional 1,200 shares during the period. Victory Capital Management Inc. boosted its stake 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 valued at $151,000 after purchasing an additional 524 shares during the period. Bank of Montreal Can purchased a new stake in shares of Huron Consulting Group during the second quarter valued at approximately $177,000. BNP Paribas Arbitrage SA boosted its stake 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 valued at $179,000 after purchasing an additional 2,739 shares during the period. Finally, Trexquant Investment LP purchased a new stake in shares of Huron Consulting Group during the third quarter valued at approximately $200,000. 89.59% of the stock is owned by institutional investors and hedge funds.

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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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