Huron Consulting Group (NASDAQ:HURN) Lowered to “Hold” Rating by Wall Street Zen

Huron Consulting Group (NASDAQ:HURN) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Tuesday.

HURN has been the subject of a number of other research reports. Wedbush restated an “outperform” rating and set a $160.00 price target on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Weiss Ratings cut Huron Consulting Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $205.50.

Huron Consulting Group Trading Down 3.4%

Shares of HURN stock opened at $115.94 on Tuesday. The firm has a fifty day moving average of $129.69 and a 200-day moving average of $152.62. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of 19.78 and a beta of 0.15. Huron Consulting Group has a 52-week low of $112.45 and a 52-week high of $186.77. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.22 and a current ratio of 2.22.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, May 5th. The business services provider reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.15. The business had revenue of $451.77 million for the quarter, compared to analyst estimates of $437.12 million. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The firm’s revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.68 EPS. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, equities research analysts forecast that Huron Consulting Group will post 8.72 earnings per share for the current fiscal year.

Insider Buying and Selling at Huron Consulting Group

In related news, Director John Mccartney sold 500 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total transaction of $63,840.00. Following the completion of the sale, the director owned 40,817 shares in the company, valued at $5,211,514.56. This trade represents a 1.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 796 shares of company stock valued at $101,411. 2.07% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HURN. Hussman Strategic Advisors Inc. acquired a new stake in shares of Huron Consulting Group in the 3rd quarter valued at approximately $925,000. Jefferies Financial Group Inc. acquired a new position in Huron Consulting Group during the third quarter valued at approximately $4,328,000. Thrivent Financial for Lutherans bought a new stake in Huron Consulting Group in the third quarter valued at approximately $11,633,000. SG Capital Management LLC increased its stake in Huron Consulting Group by 131.8% in the third quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock valued at $36,764,000 after purchasing an additional 142,448 shares in the last quarter. Finally, BloombergSen Inc. raised its holdings in Huron Consulting Group by 56.2% in the third quarter. BloombergSen Inc. now owns 365,167 shares of the business services provider’s stock worth $53,596,000 after purchasing an additional 131,365 shares during the period. 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.