Barrington Research Issues Positive Forecast for Huron Consulting Group (NASDAQ:HURN) Stock Price

Huron Consulting Group (NASDAQ:HURN) had its target price upped by Barrington Research from $142.00 to $167.00 in a research report report published on Thursday,Benzinga reports. They currently have an outperform rating on the business services provider’s stock. Barrington Research also issued estimates for Huron Consulting Group’s Q1 2025 earnings at $1.14 EPS, Q2 2025 earnings at $1.82 EPS, Q3 2025 earnings at $1.95 EPS, Q4 2025 earnings at $2.10 EPS, FY2025 earnings at $7.00 EPS and FY2026 earnings at $8.03 EPS.

HURN has been the topic of several other reports. Truist Financial reiterated a “buy” rating and set a $165.00 price objective (up from $140.00) on shares of Huron Consulting Group in a research report on Wednesday. William Blair reaffirmed an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday. Wedbush began coverage on shares of Huron Consulting Group in a research report on Monday, February 3rd. They issued an “outperform” rating for the company. Benchmark boosted their price target on shares of Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday. Finally, StockNews.com raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $151.75.

Huron Consulting Group Stock Performance

Shares of NASDAQ HURN opened at $149.58 on Thursday. Huron Consulting Group has a 12-month low of $84.26 and a 12-month high of $153.77. The company has a market cap of $2.65 billion, a PE ratio of 32.52 and a beta of 0.59. The stock has a 50 day simple moving average of $126.33 and a 200-day simple moving average of $117.59. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The company had revenue of $399.31 million during the quarter, compared to analyst estimates of $380.62 million. On average, equities research analysts forecast that Huron Consulting Group will post 6.1 EPS for the current year.

Insider Activity

In other news, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $123.70, for a total value of $247,400.00. Following the completion of the sale, the director now owns 52,825 shares of the company’s stock, valued at approximately $6,534,452.50. The trade was a 3.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $125.15, for a total value of $130,406.30. Following the completion of the transaction, the director now directly owns 24,672 shares of the company’s stock, valued at $3,087,700.80. This represents a 4.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,584 shares of company stock valued at $1,067,539 in the last quarter. Company insiders own 2.02% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Jennison Associates LLC lifted its position in Huron Consulting Group by 4.8% in the 4th quarter. Jennison Associates LLC now owns 601,335 shares of the business services provider’s stock valued at $74,722,000 after acquiring an additional 27,329 shares in the last quarter. Wellington Management Group LLP raised its holdings in Huron Consulting Group by 0.9% during the 4th quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider’s stock valued at $67,503,000 after acquiring an additional 4,946 shares during the period. Sunriver Management LLC lifted its holdings in shares of Huron Consulting Group by 10.7% in the fourth quarter. Sunriver Management LLC now owns 486,597 shares of the business services provider’s stock worth $60,465,000 after buying an additional 46,968 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Huron Consulting Group by 16.4% in the 4th quarter. Franklin Resources Inc. now owns 460,650 shares of the business services provider’s stock valued at $57,240,000 after purchasing an additional 64,862 shares during the period. Finally, State Street Corp boosted its stake in Huron Consulting Group by 2.1% during the third quarter. State Street Corp now owns 445,694 shares of the business services provider’s stock valued at $48,447,000 after buying an additional 8,972 shares during the period. 93.90% of the stock is owned by institutional investors and hedge funds.

About Huron Consulting Group

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children’s and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.