Ohio Investment Firm Decreases Stake in Huron Consulting Group Inc
November 4, 2023
🌥️Trending News
Ohio Strs, an Ohio-based investment firm, has recently reduced its holdings in the Huron Consulting ($NASDAQ:HURN) Group Inc. (HCG). The company offers consulting, technology, and financial advisory services to its clients with the goal of helping them achieve their business objectives. The firm has also been lauded for its commitment to sustainability. Huron Consulting has taken measures to reduce its environmental footprint by setting goals to reduce energy use and waste.
In addition, the company is a signatory of the United Nations Global Compact and has adopted several corporate social responsibility policies. Ohio Strs’ decision to decrease its stock holdings in Huron Consulting Group Inc is likely part of a larger effort to diversify its investments. As a result, it is unclear how much of an effect this will have on HCG’s stock price in the long-term. Nevertheless, it is clear that Huron Consulting remains committed to providing specialized services and to its commitment to sustainability.
Market Price
The stock opened at $99.3 and closed at $97.7, a decrease of 0.4% from the previous day’s closing price of 98.1. This news follows the announcement from an Ohio-based investment firm that it had reduced its stake in Huron Consulting Group Inc. as part of an ongoing trend of investors decreasing their positions in the company. This news has caused investors to be hesitant and is likely to affect the future performance of Huron Consulting Group Inc. in the coming weeks. 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
GoodWhale conducted an analysis of HURON CONSULTING‘s wellbeing, using our Star Chart system. Our assessment revealed that HURON CONSULTING has a high health score of 9/10, indicating strong financial health and the capability to pay off debt and fund future operations. The company was classified as a ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given HURON CONSULTING’s strengths in cashflows and debt, along with its medium scores in asset, growth, profitability and weak score in dividend, investors looking for a high-growth, potentially volatile company may be interested in HURON CONSULTING. With its solid financials and potential for growth, HURON CONSULTING may be a strong candidate for such investors. 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
Strs Ohio recently reduced its stock holdings in Huron Consulting Group Inc., an international professional services firm. An analysis of the company shows that Huron has been successful in growing its revenue and profitability over the past five years. The company has also taken steps to improve its balance sheet by reducing its debt levels and improving its cash position. Additionally, Huron’s share price has been steadily increasing, with an average return of over 10% in the past year. There are also some potential concerns, such as increasing competition in the industry and the potential for changes in regulation that could impact the company’s growth.
However, overall, Huron Consulting Group Inc. appears to be a solid investment choice for those looking for long-term returns.
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