Huron Consulting Group Inc. (NASDAQ:HURN) Receives Consensus Rating of “Moderate Buy” from Brokerages

Huron Consulting Group Inc. (NASDAQ:HURN) has earned an average rating of “Moderate Buy” from the five research firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $184.25.

Several analysts recently weighed in on the stock. Weiss Ratings cut shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Truist Financial decreased their price objective on shares of Huron Consulting Group to $155.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. Wedbush reaffirmed an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Finally, Wall Street Zen cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 12th.

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director Ekta Singh-Bushell sold 443 shares of Huron Consulting Group stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $52,468.92. Following the sale, the director directly owned 13,646 shares of the company’s stock, valued at approximately $1,616,232.24. The trade was a 3.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Debra Zumwalt sold 598 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $118.44, for a total value of $70,827.12. Following the transaction, the director owned 27,201 shares in the company, valued at $3,221,686.44. This trade represents a 2.15% 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. In the last 90 days, insiders sold 3,658 shares of company stock valued at $415,931. Insiders own 2.07% of the company’s stock.

Hedge Funds Weigh In On Huron Consulting Group

Institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Huron Consulting Group by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,464 shares of the business services provider’s stock valued at $1,501,000 after buying an additional 469 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Huron Consulting Group by 53.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider’s stock worth $28,538,000 after buying an additional 68,891 shares during the period. Jane Street Group LLC purchased a new stake in shares of Huron Consulting Group in the 1st quarter worth about $6,313,000. Intech Investment Management LLC increased its stake in shares of Huron Consulting Group by 28.1% in the 1st quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider’s stock worth $1,587,000 after acquiring an additional 2,425 shares in the last quarter. Finally, Acadian Asset Management LLC increased its stake in shares of Huron Consulting Group by 174.4% in the 1st quarter. Acadian Asset Management LLC now owns 3,361 shares of the business services provider’s stock worth $481,000 after acquiring an additional 2,136 shares in the last quarter. Institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Trading Down 2.1%

NASDAQ HURN opened at $107.11 on Tuesday. The stock has a market cap of $1.74 billion, a P/E ratio of 18.28 and a beta of 0.09. Huron Consulting Group has a fifty-two week low of $100.10 and a fifty-two week high of $186.77. The stock has a 50 day simple moving average of $117.06 and a two-hundred day simple moving average of $142.90. 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 posted its earnings results on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.15. The firm had revenue of $451.77 million for the quarter, compared to analysts’ expectations of $437.12 million. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.The business’s revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.68 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, analysts forecast that Huron Consulting Group will post 8.71 earnings per share for the current year.

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.