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

Huron Consulting Group Inc. (NASDAQ:HURN) has been assigned an average recommendation of “Buy” from the six analysts that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a buy rating. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $175.25.

Several research analysts recently weighed in on the stock. Benchmark boosted their price target on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Barrington Research increased their price target on Huron Consulting Group from $173.00 to $176.00 and gave the company an “outperform” rating in a research report on Thursday, August 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a research report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday.

Huron Consulting Group Stock Performance

Shares of Huron Consulting Group stock opened at $164.44 on Monday. The business has a 50-day moving average price of $146.04 and a two-hundred day moving average price of $141.07. Huron Consulting Group has a 1-year low of $112.94 and a 1-year high of $174.26. The company has a current ratio of 1.44, a quick ratio of 1.99 and a debt-to-equity ratio of 1.18. The company has a market cap of $2.84 billion, a P/E ratio of 27.54 and a beta of 0.29.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly 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 business had revenue of $432.36 million during the quarter, compared to analysts’ expectations of $418.13 million. During the same period last year, the company posted $1.68 earnings per share. The business’s quarterly revenue was up 16.7% on a year-over-year basis. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. As a group, analysts anticipate that Huron Consulting Group will post 6.1 EPS for the current year.

Insider Transactions at Huron Consulting Group

In other news, insider Kyle Featherstone sold 375 shares of the firm’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $135.73, for a total value of $50,898.75. Following the completion of the transaction, the insider directly owned 1,311 shares of the company’s stock, valued at $177,942.03. This trade represents a 22.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $146.30, for a total value of $292,600.00. Following the completion of the transaction, the director owned 39,304 shares of the company’s stock, valued at approximately $5,750,175.20. This trade represents a 4.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 17,979 shares of company stock worth $2,762,076. Insiders own 2.15% of the company’s stock.

Institutional Trading of Huron Consulting Group

A number of large investors have recently modified their holdings of HURN. KBC Group NV purchased a new position in Huron Consulting Group during the 1st quarter valued at $128,000. GSA Capital Partners LLP purchased a new position in shares of Huron Consulting Group during the first quarter valued at about $760,000. Truist Financial Corp bought a new position in Huron Consulting Group in the second quarter worth about $959,000. Informed Momentum Co LLC purchased a new stake in Huron Consulting Group in the first quarter worth about $3,988,000. Finally, Teacher Retirement System of Texas boosted its position in Huron Consulting Group by 32.5% during the 1st quarter. Teacher Retirement System of Texas now owns 31,781 shares of the business services provider’s stock valued at $4,559,000 after acquiring an additional 7,788 shares in the last quarter. Institutional investors own 93.90% of the company’s stock.

About Huron Consulting Group

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children’s and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.