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

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have earned a consensus recommendation of “Buy” from the six research firms that are presently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a buy recommendation. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $171.50.

A number of research firms have recently commented on HURN. Barrington Research upped their price objective on shares of Huron Consulting Group from $173.00 to $176.00 and gave the company an “outperform” rating in a research note on Thursday, August 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday. Finally, Wall Street Zen lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th.

Insider Activity at Huron Consulting Group

In related news, Director John Mccartney sold 500 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $145.68, for a total transaction of $72,840.00. Following the transaction, the director directly owned 50,317 shares of the company’s stock, valued at $7,330,180.56. This represents a 0.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James H. Roth sold 2,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $146.30, for a total transaction of $292,600.00. Following the transaction, the director directly owned 39,304 shares in the company, valued at approximately $5,750,175.20. This represents a 4.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,888 shares of company stock valued at $1,378,690 in the last ninety days. Insiders own 2.15% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Sowell Financial Services LLC acquired a new position in Huron Consulting Group during the first quarter worth $203,000. KBC Group NV acquired a new position in Huron Consulting Group during the first quarter worth $128,000. Lisanti Capital Growth LLC acquired a new position in Huron Consulting Group during the first quarter worth $4,626,000. GSA Capital Partners LLP acquired a new position in Huron Consulting Group during the first quarter worth $760,000. Finally, Informed Momentum Co LLC acquired a new position in Huron Consulting Group during the first quarter worth $3,988,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Trading Up 1.6%

NASDAQ:HURN opened at $152.30 on Thursday. The firm’s fifty day moving average is $138.92 and its 200-day moving average is $139.83. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.99 and a current ratio of 1.99. Huron Consulting Group has a 52 week low of $102.94 and a 52 week high of $155.00. The firm has a market cap of $2.64 billion, a P/E ratio of 26.58 and a beta of 0.29.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Thursday, July 31st. The business services provider reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $0.10. Huron Consulting Group had a net margin of 6.60% and a return on equity of 25.52%. The company had revenue of $402.50 million for the quarter, compared to analyst estimates of $402.67 million. During the same period in the prior year, the firm posted $1.68 EPS. The company’s quarterly revenue was up 8.3% on a year-over-year basis. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. Equities analysts expect that Huron Consulting Group will post 6.1 earnings per share for the current year.

Huron Consulting Group Company Profile

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.