Huron Consulting Group Inc. (HURN) – What Are Researchers Saying About This Stock?

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have received a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $200.50.

A number of brokerages have recently weighed in on HURN. Zacks Research lowered Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Weiss Ratings raised Huron Consulting Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Evercore upgraded shares of Huron Consulting Group to an “outperform” rating in a research report on Friday. Truist Financial increased their price objective on shares of Huron Consulting Group from $175.00 to $220.00 and gave the stock a “buy” rating in a report on Friday. Finally, Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, August 1st.

Insider Transactions at Huron Consulting Group

In other news, insider Kyle Featherstone sold 459 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $152.67, for a total transaction of $70,075.53. Following the sale, the insider directly owned 1,050 shares of the company’s stock, valued at $160,303.50. This represents a 30.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO C. Hussey sold 24,072 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total transaction of $3,986,082.48. Following the completion of the sale, the chief executive officer directly owned 74,399 shares of the company’s stock, valued at approximately $12,319,730.41. This represents a 24.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 24,613 shares of company stock valued at $4,069,914. Insiders own 2.07% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HURN. BlackRock Inc. bought a new position in Huron Consulting Group in the second quarter valued at about $125,191,000. Bank of America Corp DE acquired a new stake in Huron Consulting Group in the second quarter worth about $16,090,000. William Blair Investment Management LLC acquired a new stake in Huron Consulting Group in the second quarter worth about $15,359,000. Jennison Associates LLC increased its position in Huron Consulting Group by 13.6% in the first quarter. Jennison Associates LLC now owns 667,887 shares of the business services provider’s stock worth $85,149,000 after purchasing an additional 80,132 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in Huron Consulting Group during the 2nd quarter worth about $5,541,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Stock Up 1.2%

Shares of HURN opened at $195.69 on Tuesday. The company has a market capitalization of $3.11 billion, a P/E ratio of 29.29 and a beta of 0.09. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.71 and a quick ratio of 1.71. Huron Consulting Group has a one year low of $84.88 and a one year high of $203.37. The business’s 50 day simple moving average is $162.08 and its 200-day simple moving average is $133.23.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.29. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%. The business had revenue of $475.04 million for the quarter, compared to analyst estimates of $448.98 million. During the same period in the prior year, the company earned $1.89 EPS. Huron Consulting Group’s revenue for the quarter was up 15.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, sell-side analysts predict that Huron Consulting Group will post 9.18 EPS for the current fiscal year.

Huron Consulting Group Company Profile

Huron Consulting Group, Inc is a professional services firm that helps organizations improve performance, manage change, and use technology to address complex business challenges. The company serves clients in the healthcare, education, and public sectors, as well as commercial organizations.

Its services include operational and financial improvement, strategy and organizational consulting, digital transformation, technology implementation, data and analytics, and managed services. Huron also provides specialized advisory support for hospitals and health systems, colleges and universities, government agencies, and businesses seeking to improve processes, financial performance, and customer or patient experiences.

Founded in 2002 and headquartered in Chicago, Huron serves clients across the United States and internationally.