Huron Consulting Group (NASDAQ:HURN) Rating Lowered to Hold at Wall Street Zen

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

Several other equities research analysts have also weighed in on HURN. Barrington Research boosted their target price on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a report on Thursday, January 22nd. Benchmark boosted their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, December 24th. Finally, Wedbush upped their price objective on shares of Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, Huron Consulting Group presently has an average rating of “Buy” and a consensus price target of $215.50.

Huron Consulting Group Price Performance

NASDAQ HURN opened at $122.64 on Friday. Huron Consulting Group has a fifty-two week low of $116.12 and a fifty-two week high of $186.77. The stock’s 50-day moving average is $144.75 and its two-hundred day moving average is $156.25. The firm has a market cap of $2.03 billion, a P/E ratio of 20.96 and a beta of 0.12. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.17 and a quick ratio of 1.17.

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

Insider Activity

In related news, Director Debra Zumwalt sold 170 shares of Huron Consulting Group 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 sale, the director directly owned 26,469 shares of the company’s stock, valued at $4,523,287.41. This trade represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Mccartney sold 500 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $168.77, for a total value of $84,385.00. Following the transaction, the director owned 41,817 shares in the company, valued at $7,057,455.09. This represents a 1.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 796 shares of company stock valued at $134,968. 2.15% of the stock is owned by corporate insiders.

Institutional Trading of Huron Consulting Group

Institutional investors and hedge funds have recently modified their holdings of the company. Maseco LLP bought a new position in Huron Consulting Group in the fourth quarter worth $29,000. Richardson Financial Services Inc. increased its holdings in Huron Consulting Group by 68.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock valued at $29,000 after buying an additional 79 shares during the period. Strs Ohio acquired a new position in shares of Huron Consulting Group in the 4th quarter valued at $35,000. Clearstead Advisors LLC raised its stake in shares of Huron Consulting Group by 86.2% in the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock valued at $30,000 after buying an additional 94 shares in the last quarter. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Huron Consulting Group during the 4th quarter worth about $39,000. 93.90% of the stock is currently owned by institutional investors.

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.