Huron Consulting Group (NASDAQ:HURN) a Buy: William

In a research note issued to investors, Timothy Mchugh at William Blair AssignedHuron Consulting Group (NASDAQ:HURN) to a Buy. In the year following Mchugh’s ratings, the stocks covered yield an average return of 9.60% according to TipRanks.com. In the past year 28 out of 37 recommendations or 76% were successful.

In looking at the consensus numbers, the sell-side analysts covering the stock have a mean target price of $78.8 for Huron Consulting Group Inc. (NASDAQ:HURN). This number is the mean estimate from the 5 research brokerages that recently issued reports on the firm.

According to Wall Street, Huron Consulting Group Inc. (NASDAQ:HURN) is expected to report earnings per share for the current fiscal quarter of $0.63. This is the consensus mean estimate based on the individual covering sell-side analysts’ reported numbers. The company last reported earnings for the period ending on 2014-12-31 of $0.74.

The average recommendation is the arithmetical average of the individual analyst ratings contributed by sell-side research to produce a Consensus Analyst Rating for each stock. On a scale of 1 to 5 where 1 represents a Strong Buy and 5 represents a Strong Sell, has the equity is ranked 1 based on 5 broker recommendations. Of the 5 analyst estimates, the most bullish sees the stock reaching $82 within the next 12 months while the most bearish analyst sees the stock at $76 within the year.

Taking a look at the long term growth prospects of the company, sell-side analysts have a consensus mean earnings per share estimate for the current year of $3.88. The high end estimate for this time frame is $4.5 with the low being $3.27. In looking at the next three to five years, the long term earnings per share estimate growth rate for the company is 13.5%, based on 2 analysts providing projections.

Huron Consulting Group Inc. (Huron). is a provider of operational and financial consulting services. The Company provides consulting services to a range of organizations, including healthcare organizations, academic institutions, governmental entities, Fortune 500 companies, medium-sized businesses, and the law firms. The Company operates in three segments: Health and Education Consulting, Legal Consulting and Financial Consulting. During the year ended December 31, 2012, the Company derived 66.9%, 29.6% and 3.5% of its revenues from Health and Education Consulting, Legal Consulting and Financial Consulting, respectively. The Company operates in Atlanta, Georgia; Boston, Massachusetts; Houston, Texas; London, United Kingdom; New York, New York; Portland, Oregon; San Diego, California, and Washington, D.C. On October 1, 2013, the Company acquired Blue Stone International, LLC.