Huron Consulting Group Inc. (NASDAQ:HURN) Given Average Rating of “Buy” by Brokerages

Huron Consulting Group Inc. (NASDAQ:HURN) has received an average rating of “Buy” from the six ratings firms that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a buy rating. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $190.25.

Several research analysts have recently issued reports on the company. Benchmark increased their price objective on Huron Consulting Group from $165.00 to $180.00 and gave the company a “buy” rating in a report on Monday, October 27th. Truist Financial upped their price target on Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a report on Friday, November 14th. Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a report on Wednesday, October 8th.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $164.57, for a total value of $329,140.00. Following the completion of the transaction, the director owned 35,304 shares in the company, valued at $5,809,979.28. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director John Mccartney sold 500 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $164.20, for a total value of $82,100.00. Following the transaction, the director directly owned 42,817 shares in the company, valued at approximately $7,030,551.40. The trade was a 1.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 25,970 shares of company stock valued at $4,232,162 over the last quarter. 2.15% of the stock is owned by insiders.

Institutional Investors Weigh In On Huron Consulting Group

Several large investors have recently modified their holdings of the company. Truist Financial Corp acquired a new stake in Huron Consulting Group during the 2nd quarter worth about $959,000. Panagora Asset Management Inc. lifted its position in shares of Huron Consulting Group by 33.2% in the first quarter. Panagora Asset Management Inc. now owns 91,562 shares of the business services provider’s stock worth $13,135,000 after purchasing an additional 22,839 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Huron Consulting Group during the first quarter worth approximately $585,000. Ritholtz Wealth Management purchased a new stake in Huron Consulting Group in the 2nd quarter worth approximately $499,000. Finally, Meritage Portfolio Management acquired a new stake in shares of Huron Consulting Group during the 2nd quarter valued at $610,000. 93.90% of the stock is owned by institutional investors and hedge funds.

Huron Consulting Group Trading Down 0.9%

Shares of NASDAQ:HURN opened at $179.00 on Tuesday. Huron Consulting Group has a 52 week low of $119.74 and a 52 week high of $182.71. The company’s 50 day moving average is $164.75 and its two-hundred day moving average is $147.10. The company has a market cap of $3.09 billion, a PE ratio of 29.98 and a beta of 0.18. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 1.18.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.24. Huron Consulting Group had a net margin of 6.54% and a return on equity of 27.06%. The firm had revenue of $441.28 million during the quarter, compared to the consensus estimate of $418.13 million. During the same quarter in the previous year, the firm posted $1.68 earnings per share. The company’s 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. Equities analysts predict that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

Huron Consulting Group Company Profile

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.