Huron Consulting Group Inc (NASDAQ: HURN) stock closed at $93.90 on 2/28/24 after a major decline of -12.5%. Moreover, exceptionally high trading volume at 352% of normal accompanied the decline. The stock has declined -10.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
HURN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Huron Consulting Group has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Huron Consulting Group has a poor Appreciation Score of 27 but a very high Power Rating of 89, triggering the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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