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

Huron Consulting Group Inc. (NASDAQ:HURN) has been assigned a consensus rating of “Buy” from the six ratings firms that are covering the firm, MarketBeat reports. Six analysts have rated the stock with a buy recommendation. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $215.50.

HURN has been the subject of several research analyst reports. Benchmark increased their price objective on Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, December 24th. Barrington Research upped their price target on shares of Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Truist Financial increased their price target on shares of 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 report on Saturday, November 1st. Finally, Wedbush increased their target price on shares of Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, January 12th.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, COO James Ronald Dail sold 662 shares of the company’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $170.11, for a total value of $112,612.82. Following the sale, the chief operating officer owned 30,355 shares of the company’s stock, valued at approximately $5,163,689.05. This represents a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ekta Singh-Bushell sold 1,000 shares of Huron Consulting Group stock in a transaction on Friday, December 12th. The stock was sold at an average price of $178.55, for a total value of $178,550.00. Following the transaction, the director directly owned 14,341 shares of the company’s stock, valued at $2,560,585.55. This trade represents a 6.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 22,049 shares of company stock valued at $3,660,668 in the last 90 days. 2.15% of the stock is owned by corporate insiders.

Institutional Trading of Huron Consulting Group

Several large investors have recently modified their holdings of HURN. Richardson Financial Services Inc. raised its position in shares of 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 purchasing an additional 79 shares during the last quarter. Clearstead Advisors LLC increased its position in Huron Consulting Group by 86.2% during the third quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock worth $30,000 after buying an additional 94 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new position in shares of Huron Consulting Group in the third quarter worth $35,000. Advisory Services Network LLC purchased a new stake in shares of Huron Consulting Group in the third quarter valued at $36,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in shares of Huron Consulting Group during the second quarter valued at $41,000. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Huron Consulting Group Trading Down 1.1%

Shares of Huron Consulting Group stock opened at $183.46 on Friday. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 30.73 and a beta of 0.11. Huron Consulting Group has a 52-week low of $120.25 and a 52-week high of $186.77. The company’s 50-day simple moving average is $173.04 and its 200-day simple moving average is $152.70. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 1.18.

Huron Consulting Group (NASDAQ:HURN) last released 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. The company had revenue of $441.28 million for the quarter, compared to analysts’ expectations of $418.13 million. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.The firm’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. As a group, equities research analysts anticipate that Huron Consulting Group will post 6.1 earnings per share for the current 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.