NEW YORK (
) has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 11.5%. Since the same quarter one year prior, revenues rose by 11.0%. Growth in the company's revenue appears to have helped boost the earnings per share.
- Powered by its strong earnings growth of 252.17% and other important driving factors, this stock has surged by 32.30% over the past year, outperforming the rise in the S&P 500 Index during the same period. Turning to the future, naturally, any stock can fall in a major bear market. However, in almost any other environment, the stock should continue to move higher despite the fact that it has already enjoyed nice gains in the past year.
- HURON CONSULTING GROUP INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, HURON CONSULTING GROUP INC increased its bottom line by earning $0.99 versus $0.60 in the prior year. This year, the market expects an improvement in earnings ($2.45 versus $0.99).
- Net operating cash flow has increased to $53.76 million or 37.36% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -12.10%.
Huron Consulting Group Inc. provides operational and financial consulting services in the United States. The company has a P/E ratio of 94.2, above the average diversified services industry P/E ratio of 81.8 and above the S&P 500 P/E ratio of 17.7. Huron Consulting Group has a market cap of $851.5 million and is part of the
industry. Shares are down 1.3% year to date as of the close of trading on Friday.
You can view the full
or get investment ideas from our
-- Written by a member of TheStreet RatingsStaff