Alert: Rating Downgrade (12/1/23)-Huron Consulting Group Inc (NASDAQ: HURN).

out_logo_500#39385.jpg

Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Huron Consulting Group Inc (NASDAQ: HURN) weakened of late. HURN’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.

out_mm#39385.jpg

Recent Price Action

Huron Consulting Group Inc (NASDAQ: HURN) stock closed at $108.51 on 12/1/23 after a large increase of 4.2%. Moreover, trading volume in this advance was above average at 148% of normal. The stock has risen 3.4% during the last week and has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, HURN is expected to continue to be an important Value Builder.

Huron Consulting Group has a current Value Trend Rating of C (High 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 28 but a very high Power Rating of 97, resulting in the High Neutral Value Trend Rating.

Be the first to comment

Leave a Reply

Your email address will not be published.


*