Forecasting The Future: 4 Analyst Projections For Huron Consulting Gr
Portfolio Pulse from Benzinga Insights
Four analysts have recently evaluated Huron Consulting Group Inc (NASDAQ:HURN), showing a mix of bullish and bearish sentiments. The average 12-month price target is now $136.5, marking a 4.6% increase from the previous $130.50. Huron's financial performance includes an 11.34% revenue growth rate as of March 31, 2024, a net margin of 4.96%, and a ROA of 1.38%, indicating strong profitability and asset management. However, its ROE of 3.5% suggests challenges in utilizing equity capital efficiently.
May 13, 2024 | 3:00 pm
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Huron Consulting Group Inc has received mixed analyst ratings with an updated average price target of $136.5, reflecting optimism. The company's strong revenue growth and profitability metrics, alongside a cautious note on its ROE, present a nuanced investment picture.
The mixed analyst ratings with a recent upward revision in price target suggest optimism about Huron's future performance, particularly given its strong revenue growth and profitability. However, the caution around its ROE indicates potential concerns about its efficiency in using equity capital, which could temper some of the optimism. The overall positive price target adjustment and strong financial metrics are likely to have a positive short-term impact on HURN's stock price, but the note on ROE warrants investor attention.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100