Huron Consulting Group (NASDAQ:HURN) Upgraded to Buy at Wall Street Zen

Huron Consulting Group (NASDAQ:HURN) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other analysts have also recently issued research reports about the stock. Truist Financial upped their price target on shares of Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, November 14th. Benchmark boosted their price objective on Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, December 24th. Wedbush upped their target price on Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Barrington Research raised their target price on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a report on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Huron Consulting Group presently has an average rating of “Buy” and an average price target of $215.50.

Huron Consulting Group Stock Down 1.3%

Shares of NASDAQ HURN opened at $127.14 on Friday. The company’s 50 day moving average price is $155.99 and its 200-day moving average price is $157.15. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.17 and a current ratio of 1.17. Huron Consulting Group has a 52-week low of $116.12 and a 52-week high of $186.77. The company has a market capitalization of $2.15 billion, a P/E ratio of 21.73 and a beta of 0.12.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, February 24th. The business services provider reported $2.17 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.23. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The company had revenue of $441.96 million during the quarter, compared to analysts’ expectations of $433.57 million. During the same period in the prior year, the company posted $1.90 earnings per share. Huron Consulting Group’s revenue for the quarter was up 10.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Equities analysts forecast that Huron Consulting Group will post 6.1 earnings per share for the current year.

Insider Activity

In other news, Director John Mccartney sold 500 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $168.77, for a total transaction of $84,385.00. Following the transaction, the director owned 41,817 shares in the company, valued at approximately $7,057,455.09. This represents a 1.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Debra Zumwalt sold 170 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $170.89, for a total transaction of $29,051.30. Following the transaction, the director directly owned 26,469 shares in the company, valued at $4,523,287.41. This trade represents a 0.64% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 796 shares of company stock worth $134,968 in the last quarter. Company insiders own 2.15% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

A number of hedge funds have recently added to or reduced their stakes in HURN. Hussman Strategic Advisors Inc. bought a new position in shares of Huron Consulting Group in the 3rd quarter worth $925,000. Thrivent Financial for Lutherans bought a new stake in Huron Consulting Group during the 3rd quarter valued at $11,633,000. Jefferies Financial Group Inc. bought a new stake in Huron Consulting Group during the 3rd quarter valued at $4,328,000. SG Capital Management LLC raised its holdings in Huron Consulting Group by 131.8% during the third quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock worth $36,764,000 after buying an additional 142,448 shares during the last quarter. Finally, Sunriver Management LLC raised its holdings in Huron Consulting Group by 10.6% during the second quarter. Sunriver Management LLC now owns 378,211 shares of the business services provider’s stock worth $52,019,000 after buying an additional 36,303 shares during the last quarter. Institutional investors and hedge funds own 93.90% of the company’s stock.

About Huron Consulting Group

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.