Huron Consulting Group (NASDAQ:HURN) announced its earnings results on Tuesday. The company reported $0.75 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.61 by $0.14, Stock Ratings Network.com reports. The company had revenue of $170.40 million for the quarter, compared to the consensus estimate of $167.51 million. During the same quarter last year, the company posted $0.37 earnings per share. Huron Consulting Group’s revenue was up 17.8% compared to the same quarter last year. Huron Consulting Group updated its FY13 guidance to $2.55-2.70 EPS.
A number of research firms have recently commented on HURN. Analysts at Barrington Research initiated coverage on shares of Huron Consulting Group in a research note to investors on Thursday, July 25th. They set an “outperform” rating and a $46.65 price target on the stock. On a related note, analysts at Deutsche Bank raised their price target on shares of Huron Consulting Group from $45.00 to $54.00 in a research note to investors on Tuesday, July 23rd. They now have a “hold” rating on the stock. Finally, analysts at Zacks downgraded shares of Huron Consulting Group from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, July 23rd. They now have a $49.00 price target on the stock.
Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Huron Consulting Group has a consensus rating of “Buy” and a consensus price target of $49.93.
Shares of Huron Consulting Group (NASDAQ:HURN) traded up 6.13% during mid-day trading on Wednesday, hitting $49.86. Huron Consulting Group has a one year low of $28.51 and a one year high of $48.14. The stock’s 50-day moving average is currently $45.53. The company has a market cap of $1.104 billion and a P/E ratio of 22.42.
Huron Consulting Group Inc (NASDAQ:HURN).
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