Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $66.67 on Huron Consulting Group Inc. (NASDAQ:HURN) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.42 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Huron Consulting Group Inc. (NASDAQ:HURN) stands at 22.90.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Huron Consulting Group Inc., the PEG ratio for coming 3-5 years is 1.34.
The technical analysis highlights that Huron Consulting Group Inc. current is trading $0.27 points away or +0.43% from its 50-day moving average of $61.96. Further it is trading $4.03 or +6.92% away its 200-day moving average of $58.20.
The 52-week high of Huron Consulting Group Inc. (NASDAQ:HURN) was $75.05 while lowest point recorded in 52-week was $43.35. It implies if stock price makes a movement of over $-12.82, it will record a new 52-week high. In the case of +43.55% drop, it will touch a new 52-week low.
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