Huron Consulting Intrinsic Stock Value – HURON CONSULTING Reports Q2 FY2023 Earnings on June 30th, 2023
August 3, 2023
🌥️Earnings Overview
On June 30, 2023, HURON CONSULTING ($NASDAQ:HURN) announced its second-quarter FY2023 earnings results, with total revenue increasing 26.4% year over year to USD 354.9 million. Net income was also up significantly, rising 78.0% to USD 24.7 million compared to the prior year.
Price History
On Thursday, June 30th, 2023, HURON CONSULTING reported their earnings for the second quarter of FY2023. The stock opened at $81.5 and closed at $79.3, down by 2.1% from its last closing price of $81.0. The company’s Chairman and Chief Executive Officer stated that the company’s focus on providing high quality services across all of their lines of business was integral to their success in the quarter. He added that they are confident in their ability to continue delivering strong results for the remainder of the fiscal year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Huron Consulting. More…
| Total Revenues | Net Income | Net Margin |
| 1.29k | 72.96 | 6.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Huron Consulting. More…
| Operations | Investing | Financing |
| 121.76 | -28.28 | -88.85 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Huron Consulting. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.26k | 705.71 | 29 |
Key Ratios Snapshot
Some of the financial key ratios for Huron Consulting are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.4% | 20.7% | 9.5% |
| FCF Margin | ROE | ROA |
| 7.1% | 14.3% | 6.1% |
Analysis – Huron Consulting Intrinsic Stock Value
At GoodWhale, we have conducted financial analysis of HURON CONSULTING and our proprietary Valuation Line has concluded that the fair value of the company’s stock is around $83.6. This is slightly higher than the current price of $79.3, meaning that the stock is undervalued by 5.2%. We recommend that investors take advantage of this situation as it could present a great opportunity for potential returns. We have identified several strong points from analyzing HURON CONSULTING’s financials. The company has a strong balance sheet with high levels of cash and low debt levels, suggesting that it is in good financial health. Additionally, it has shown strong revenue growth over the past several years, indicating that it is a viable business. Our analysis also suggests that the company is well-positioned to increase its market share across various industries, furthering its competitive advantage. Overall, we believe that HURON CONSULTING presents a good opportunity for investors due to its undervalued stock price and strong underlying fundamentals. We recommend that investors take advantage of this situation and consider investing in this stock in order to benefit from potential returns. More…
Peers
As the global economy continues to experience uncertainty, the consulting industry has become increasingly competitive. Huron Consulting Group, Inc. is one of the leading providers of consulting services, with a focus on helping organizations improve performance, reduce costs, and manage risk. The company competes against other large consulting firms, such as American Education Center, Inc., FTI Consulting, Inc., and Circulation Co., Ltd. While each company has its own strengths and weaknesses, Huron has a proven track record of delivering results for its clients.
– American Education Center Inc ($OTCPK:AMCT)
American Education Center Inc has a market cap of 6.32M as of 2022. The company’s return on equity is 96.84%. The company provides educational services. It offers educational programs and services to students from the United States and around the world. The company’s programs and services include academic counseling, admissions counseling, cultural exchange programs, English language training, and student support services.
– FTI Consulting Inc ($NYSE:FCN)
FTI Consulting is a global business advisory firm. The company provides advice on a wide range of business issues including mergers and acquisitions, enterprise risk management, financial restructuring and litigation. FTI Consulting has a market cap of 5.53B as of 2022 and a Return on Equity of 11.2%. The company has a strong reputation for providing high quality advice and services to its clients.
– Circulation Co Ltd ($TSE:7379)
Circulation Co Ltd is a Japanese company that operates in the healthcare sector. It is engaged in the development, manufacture, and sale of medical devices and equipment. The company has a market capitalization of 13.55 billion as of 2022 and a return on equity of 14.03%. Circulation Co Ltd is a publicly traded company listed on the Tokyo Stock Exchange.
Summary
HURON CONSULTING had a strong second quarter in FY2023, with total revenue up by 26.4% and net income up by 78.0%. This indicates a good performance for the company, which could be an attractive option for investors. The strong revenue growth indicates that the company is well-positioned for continued growth in the coming quarters. The healthy earnings results could create potential opportunities for investors to capitalize on the company’s success.
Additionally, the increased net income suggests that the company is well-managed and efficient in its operations. This may further entice investors to invest in HURON CONSULTING going forward.
