Huron Consulting Group Inc. (HURN) Updates FY16 Earnings Guidance
Huron Consulting Group Inc. (NASDAQ:HURN) updated its FY16 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of ~$3.21 for the period, compared to the Thomson Reuters consensus estimate of $3.31. The company issued revenue guidance of $726.3 million, compared to the consensus revenue estimate of $734.75 million.Huron Consulting Group also updated its FY17 guidance to $2.40 -2.70 EPS.
A number of equities research analysts have recently issued reports on the company. TheStreet lowered Huron Consulting Group from a buy rating to a hold rating in a research note on Wednesday, November 2nd. Zacks Investment Research lowered Huron Consulting Group from a hold rating to a strong sell rating in a research note on Thursday, November 3rd. Finally, William Blair lowered Huron Consulting Group from an outperform rating to a market perform rating in a research note on Tuesday, January 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $68.33.
Shares of Huron Consulting Group Inc. (NASDAQ:HURN) opened at 46.60 on Friday. Huron Consulting Group Inc. has a 1-year low of $41.20 and a 1-year high of $65.00. The stock has a 50 day moving average price of $46.22 and a 200-day moving average price of $54.20. The firm has a market cap of $982.14 million, a price-to-earnings ratio of 19.13 and a beta of 0.35.
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About Huron Consulting Group
Huron Consulting Group Inc is a professional services firm focused on assisting clients with their business issues by delivering solutions to support their strategic objectives. The Company’s segments are Huron Healthcare, which provides advisory, consulting and technology solutions to national and regional hospitals and integrated health systems, academic medical centers, community hospitals and physician practices; Huron Education and Life Sciences, which provides management consulting services and software solutions to the higher education, academic medical center, pharmaceutical and medical device, and research industries; Huron Business Advisory, which provides services to the C-suite of middle market and organizations, institutions, law firms, investment banks and private equity firms, and All Other.
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