Huron Consulting Group Inc. (HURN) Stock: Here’s Why It’s Headed For The Top

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Huron Consulting Group Inc. (HURN) is headed up in the market in today’s trading session. The company, one that is focused in the service industry, is presently priced at $66.49 after gaining 10.08% so far today. As it relates to service sector stocks, there are a number of factors that have the ability to generate gains in the market. News is one of the most common reasons for movement. Here are the most recent trending headlines centered around HURN:

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Oct-31-19 04:46AM Edited Transcript of HURN earnings conference call or presentation 29-Oct-19 9:00pm GMT
Oct-30-19 09:30AM HURN or FC: Which Is the Better Value Stock Right Now?
Oct-29-19 06:25PM Huron Consulting (HURN) Q3 Earnings and Revenues Surpass Estimates
04:05PM Huron Announces Third Quarter 2019 Financial Results and Updates 2019 Guidance
04:04PM Huron Announces Partnership with Medically Home Group, Inc.

Nonetheless, when making a decision to invest, prospective investors should focus on far more than news, this is especially the case in the ever highly complex service industry. Here’s what’s happing when it comes to Huron Consulting Group Inc..

The Performance That We’ve Seen From HURN

Although a single session gain, like the move that we’re seeing from Huron Consulting Group Inc. may cause fear in some investors, a single session move by itself should not be the reason for a decision to, or not to, invest in a company. It’s always a good idea to take a look at trends experienced by the stock further out than a single session. When it comes to HURN, here are the trends that we’ve seen:

  • Weekly – Over the past 5 trading sessions, HURN has generated a change in price amounting to 12.87%.
  • Past 30 Days – The monthly ROI from Huron Consulting Group Inc. has been 9.68%.
  • Quarterly – In the past quarter, the stock has generated a return that works out to 11.82%
  • Bi-Annually – Throughout the previous six months, investors have seen a change that works out to 35.20% from the stock.
  • YTD – Since the the last trading session of last year HURN has produced a return of 29.58%.
  • Full Year – Lastly, over the past year, we have seen movement amounting to 45.97% out of HURN. In this period, the stock has traded at a high of 3.26% and a low price of 48.48%.

Notable Ratios

Looking at a few ratios having to do with a company can provide traders an understanding of just how dangerous and/or rewarding a stock pick may be. Here are some of the important ratios to look at when digging into HURN.

Short Ratio – The short ratio is a measure of short interest. As the ratio heads up, it shows that more investors believe that the price of the stock is headed for the top. Throughout the sector, strong service sector stocks can carry a lower short ratio. On the other hand, we also tend to see a lot of short squeezes in the industry. Nonetheless, with regard to Huron Consulting Group Inc., the stock’s short ratio is 1.48.

Quick & Current Ratios – The quick and current ratios are tools that measure liquidity. Basically, they measure whether or not a company can pay for its debts when they mature based on current assets or quick assets. do have strong quick and current ratios. When it comes to HURN, the quick and current ratios total up to 0.60 and 0.60 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets that are owned by the company. when it comes to Huron Consulting Group Inc., the book to share value ratio works out to 25.84.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. In this case, the cash to share value ratio comes to 0.40.

Smart Money Follows Big Money

One thing that I’ve come to understand so far in my brief time here is that smart investors tend to follow big money investors. So, investors that are looking to keep their investments relatively safe will pay close attention to investments made by institutional investors and insiders of the company. So, is big money flowing in regard to HURN? Here’s the scoop:

Institutions own 94.10% of the company. Institutional interest has moved by 0.20% over the past three months. When it comes to insiders, those who are close to the company currently own 1.90% percent of HURN shares. Institutions have seen ownership changes of an accumulative -10.07% over the last three months.

What Analysts Say About Huron Consulting Group Inc.

Although it’s rarely a smart idea to unknowingly follow the thoughts of analysts, it is a good idea to consider their opinions when validating your own due diligence before making investment decisions in the service industry. Below you’ll find the most recent moves that we’ve seen from analysts when it comes to HURN.

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Aug-05-19 Reiterated Barrington Research Outperform $57 → $68
May-02-19 Reiterated The Benchmark Company Buy $56 → $58
Sep-18-18 Reiterated The Benchmark Company Buy $52 → $54
Aug-28-18 Upgrade Barrington Research Mkt Perform → Outperform $55
Aug-01-18 Upgrade The Benchmark Company Hold → Buy $52

Earnings

What have ween seen from HURN in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – At the moment, Wall St. analysts expect that the company will generate EPS that totals up to be 2.70, with 0.66 being announced in the report for the current quarter. Although this is not associated with earnings, since we’re talking about analysts, Huron Consulting Group Inc. is currently graded as a 0 on a scale from 1 to 5 on which 1 is the worst average Wall St. analyst grade and 5 is the best rating.
  • 5-Year Sales – In the past half decade, Huron Consulting Group Inc. has created a change in sales in the amount of 7.80%. Earnings per share through the past 5 years have seen a change of -20.70%.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is commonly represented in the world of humans, HURN has created a change in earnings that amounts to 76.40%. HURN has also experienced a change in regard to sales volume that amounts to 11.90%.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 22.92M shares of Huron Consulting Group Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, HURN has a float of 22.42M.

I also like to pay attention to the short float. After all, when a high portion of the float available for trading is shorted, the overall feeling among traders is that the equity is going to fall hard. When it comes to HURN, the percentage of the float that is shorted is 0.74%. Most investors would say that a high short percent of the float is anything over 40%. Through my work, I’ve seen that any short ratio over 26% is likely a a play that could prove to be very risky.

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