Huron Consulting Group (NASDAQ:HURN) Price Target Raised to $215.00 at Benchmark

Huron Consulting Group (NASDAQ:HURN) had its price objective hoisted by Benchmark from $180.00 to $215.00 in a report released on Wednesday morning,Benzinga reports. The brokerage currently has a buy rating on the business services provider’s stock.

A number of other brokerages also recently commented on HURN. Truist Financial upped their price objective on shares of Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, Huron Consulting Group has an average rating of “Buy” and an average price target of $199.00.

Huron Consulting Group Stock Up 1.4%

HURN stock opened at $180.71 on Wednesday. The company has a market cap of $3.12 billion, a price-to-earnings ratio of 30.27 and a beta of 0.18. The company has a fifty day moving average price of $165.94 and a 200 day moving average price of $147.58. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.44. Huron Consulting Group has a 12 month low of $120.25 and a 12 month high of $182.71.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, beating the consensus estimate of $1.86 by $0.24. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.The firm had revenue of $441.28 million during the quarter, compared to the consensus estimate of $418.13 million. During the same period in the prior year, the business earned $1.68 EPS. The firm’s revenue was up 16.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. Sell-side analysts expect that Huron Consulting Group will post 6.1 earnings per share for the current year.

Insider Transactions at Huron Consulting Group

In related news, Director John Mccartney sold 6,500 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $161.44, for a total value of $1,049,360.00. Following the sale, the director directly owned 43,317 shares of the company’s stock, valued at approximately $6,993,096.48. This represents a 13.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ekta Singh-Bushell sold 1,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $178.55, for a total transaction of $178,550.00. Following the transaction, the director owned 14,341 shares of the company’s stock, valued at $2,560,585.55. This trade represents a 6.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 25,970 shares of company stock worth $4,232,162. Corporate insiders own 2.15% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Richardson Financial Services Inc. increased its position in Huron Consulting Group by 68.1% during the third quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock worth $29,000 after buying an additional 79 shares in the last quarter. Clearstead Advisors LLC boosted its stake in shares of Huron Consulting Group by 86.2% during the third quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 94 shares during the last quarter. Quarry LP purchased a new stake in Huron Consulting Group during the 1st quarter worth about $31,000. Brown Brothers Harriman & Co. purchased a new stake in Huron Consulting Group during the 3rd quarter worth about $35,000. Finally, Advisory Services Network LLC acquired a new position in Huron Consulting Group in the 3rd quarter valued at about $36,000. Hedge funds and other institutional investors 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.