Huron Consulting Group Inc.: Consulting the Numbers for a Profitable Investment

Consult the numbers on Huron Consulting Group Inc., a market rising star with promising growth. #Huron #StockAnalysis #Investing


7/15/20231 min read

Hello, finance aficionados! Today, weโ€™re taking a gander at Huron Consulting Group Inc. (NASDAQ: HURN). A consulting firm that's making some loud noises in the stock market. Let's break it down to see if this could be the consulting advice your portfolio needs!

Huron, the consulting pros, have been steadily strengthening their position in the market, which is currently in a confirmed uptrend. Their earnings per share (EPS) has surged by a staggering 78% in the last quarter and has been growing by an average of 49% over the last three quarters.

The firm has managed to keep this growth consistent, with three consecutive quarters of EPS acceleration and two consecutive years of annual EPS growth. Earnings forecasts were even outperformed by 32.5% in the last quarter! With a three-year EPS growth rate standing at 13%, the company is also expected to increase its EPS by 21% for the current year.

In terms of sales, Huron enjoyed a 23% increase in the last quarter, and a steady three-year sales growth rate of 9%. With a pre-tax margin of 8.9% and a return on equity of 12.7%, this consulting champ is showing strong profitability.

As for the shares, the current price is $82.23, about 6% below its 52-week high, and pretty much on par with its 50-day moving average. The average trading volume over the last 50 days is at 148,000 shares.

With a market cap of $1.6 billion, Huron is looking solid. The stock also enjoys increasing institutional ownership. Are you ready to consult with Huron on your portfolio?