Barrington Reaffirms Their Hold Rating on Huron Consulting

In a report released today, Kevin Steinke from Barrington maintained a Hold rating on Huron Consulting (NASDAQ: HURN). The company’s shares closed yesterday at $35.05.

Steinke said:

“We are encouraged by stronger demand trends within Healthcare. However, 2018 guidance calls for a decline in adjusted EBITDA and we do not find the current EV/NTM EBITDA multiple of 12x (based on our estimates) compelling enough to recommend the stock aggressively. Our rating remains MARKET PERFORM. Opinion MARKET PERFORM Suitability/Risk Aggressive Price Target (12 mo) NA Upside to Price Target NA LT EPS Growth Rate 12-15% Market Data Price $35.05 52-Wk High $46.50 52-Wk Low $29.53 Market Cap (mil) $757 Enterprise Value (mil) $1,143 Shares Outstanding (mil) 21.6 Insider Ownership 3.1% Institutional Ownership 95.8% Average Daily Volume 116,363 Financial / Valuation Adjusted ROE (LTM) 6.6% LT Debt/Capital 43.6% EV/Adj. EBITDA (LTM) 12.5x Price/Sales (LTM) 1.0x Price/Book 1.5x Dividend Nil Analyst Kevin M. Steinke, CFA (312) 634-6392 Price Performance Chart Source: FactSet Research Systems Revenue ($ mil)(est. in Adjusted EPS ($)(est.”

According to, Steinke is a 3-star analyst with an average return of 6.2% and a 53.2% success rate. Steinke covers the Services sector, focusing on stocks such as Cross Country Healthcare, Echo Global Logistics, and Heidrick & Struggles.

Huron Consulting has an analyst consensus of Moderate Buy, with a price target consensus of $46.

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Based on Huron Consulting’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $211 million and GAAP net loss of $3.26 million. In comparison, last year the company earned revenue of $206 million and had a net profit of $5.3 million.

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Huron Consulting Group, Inc. engages in the provision of operational and financial consulting services. It operates through the following business segments: Healthcare, Education, Business Advisory, and All Other.