Huron Consulting Group Inc (NASDAQ: HURN) has a price-to-earnings ratio of 27.21x that is above its average ratio. Additionally, the 36-month beta value for HURN is 0.59. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for HURN is 18.01M and currently, short sellers hold a 1.47% ratio of that float. The average trading volume of HURN on May 02, 2024 was 126.16K shares.
HURN) stock’s latest price update
The stock of Huron Consulting Group Inc (NASDAQ: HURN) has decreased by -6.62 when compared to last closing price of 93.24.Despite this, the company has seen a loss of -6.82% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-30 that Huron Consulting Group Inc. (NASDAQ:HURN ) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Mark Hussey – CEO and President John Kelly – CFO Conference Call Participants Andrew Nicholas – William Blair and Company Tobey Sommer – Truist Securities William Sutherland – Benchmark Kevin Steinke – Barrington Research Associates Moshe Katri – Wedbush Securities Operator Good afternoon, and welcome to Huron Consulting Group’s Webcast to Discuss Financial Results for the First Quarter 2024. [Operator Instructions] As a reminder, this conference call is being recorded.
HURN’s Market Performance
HURN’s stock has fallen by -6.82% in the past week, with a monthly drop of -8.35% and a quarterly drop of -15.90%. The volatility ratio for the week is 2.96% while the volatility levels for the last 30 days are 2.24% for Huron Consulting Group Inc The simple moving average for the past 20 days is -6.54% for HURN’s stock, with a -12.72% simple moving average for the past 200 days.
Analysts’ Opinion of HURN
Many brokerage firms have already submitted their reports for HURN stocks, with The Benchmark Company repeating the rating for HURN by listing it as a “Buy.” The predicted price for HURN in the upcoming period, according to The Benchmark Company is $64 based on the research report published on December 18, 2020 of the previous year 2020.
Barrington Research gave a rating of “Outperform” to HURN, setting the target price at $68 in the report published on August 05th of the previous year.
HURN Trading at -9.65% from the 50-Day Moving Average
After a stumble in the market that brought HURN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.16% of loss for the given period.
Volatility was left at 2.24%, however, over the last 30 days, the volatility rate increased by 2.96%, as shares sank -9.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.81% lower at present.
During the last 5 trading sessions, HURN fell by -6.82%, which changed the moving average for the period of 200-days by +3.32% in comparison to the 20-day moving average, which settled at $92.71. In addition, Huron Consulting Group Inc saw -15.30% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HURN starting from Zumwalt Debra, who sale 259 shares at the price of $94.35 back on Apr 02 ’24. After this action, Zumwalt Debra now owns 24,703 shares of Huron Consulting Group Inc, valued at $24,437 using the latest closing price.
Singh-Bushell Ekta, the Director of Huron Consulting Group Inc, sale 192 shares at $94.35 during a trade that took place back on Apr 02 ’24, which means that Singh-Bushell Ekta is holding 12,825 shares at $18,115 based on the most recent closing price.
Stock Fundamentals for HURN
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.48 for the gross margin
The net margin for Huron Consulting Group Inc stands at 0.05. The total capital return value is set at 0.11. Equity return is now at value 11.52, with 5.08 for asset returns.
Based on Huron Consulting Group Inc (HURN), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.25. The interest coverage ratio of the stock is -10.98.
Currently, EBITDA for the company is 173.39 million with net debt to EBITDA at 1.47. When we switch over and look at the enterprise to sales, we see a ratio of 1.54. The receivables turnover for the company is 6.67for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.
Conclusion
In conclusion, Huron Consulting Group Inc (HURN) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
