Huron Consulting Group Inc. (NASDAQ:HURN) Receives Consensus Rating of “Buy” from Analysts

Huron Consulting Group Inc. (NASDAQ:HURN) has received a consensus rating of “Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a buy rating. The average 12 month price target among analysts that have covered the stock in the last year is $175.25.

Several analysts recently issued reports on HURN shares. Benchmark boosted their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a report on Monday, October 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Finally, Barrington Research increased their price objective on shares of Huron Consulting Group from $173.00 to $176.00 and gave the stock an “outperform” rating in a research report on Thursday, August 7th.

Insider Activity

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $164.24, for a total value of $82,120.00. Following the completion of the transaction, the director directly owned 49,817 shares of the company’s stock, valued at $8,181,944.08. The trade was a 0.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director James H. Roth sold 2,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $164.13, for a total transaction of $328,260.00. Following the sale, the director owned 37,304 shares in the company, valued at $6,122,705.52. This trade represents a 5.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 18,479 shares of company stock valued at $2,914,496. 2.15% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in HURN. Richardson Financial Services Inc. lifted its holdings in Huron Consulting Group by 68.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock worth $29,000 after buying an additional 79 shares in the last quarter. Quarry LP purchased a new stake in shares of Huron Consulting Group during the first quarter worth $31,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Huron Consulting Group in the second quarter valued at $41,000. McIlrath & Eck LLC purchased a new position in Huron Consulting Group in the third quarter valued at $46,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Huron Consulting Group by 1,018.2% in the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 336 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Trading Down 0.5%

HURN opened at $165.69 on Monday. Huron Consulting Group has a one year low of $116.77 and a one year high of $174.26. The stock has a market capitalization of $2.86 billion, a PE ratio of 27.75 and a beta of 0.28. The business’s 50 day moving average price is $148.98 and its 200 day moving average price is $142.04. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.99 and a current ratio of 1.44.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, October 28th. The business services provider reported $2.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.24. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.The company had revenue of $432.36 million during the quarter, compared to analysts’ expectations of $418.13 million. During the same quarter last year, the firm earned $1.68 earnings per share. The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. As a group, equities research analysts expect that Huron Consulting Group will post 6.1 EPS for the current year.

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.