Huron Consulting Group Inc. (NASDAQ:HURN) Given Average Recommendation of “Buy” by Analysts

Huron Consulting Group Inc. (NASDAQ:HURN) has been assigned an average rating of “Buy” from the five analysts that are currently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a buy rating. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $215.50.

Several analysts recently weighed in on HURN shares. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a report on Thursday, January 22nd. Wall Street Zen downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Benchmark boosted their target price on shares of Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Wednesday, December 24th. Barrington Research boosted their target price on shares of Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Finally, Wedbush boosted their target price 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.

Insider Buying and Selling

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total value of $63,840.00. Following the completion of the transaction, the director directly owned 40,817 shares in the company, valued at approximately $5,211,514.56. The trade was a 1.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,296 shares of company stock valued at $185,796 in the last ninety days. Insiders own 2.15% of the company’s stock.

Hedge Funds Weigh In On Huron Consulting Group

A number of large investors have recently added to or reduced their stakes in the company. Boston Partners raised its holdings in Huron Consulting Group by 17.0% in the third quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock worth $130,803,000 after purchasing an additional 129,073 shares in the last quarter. Morgan Stanley raised its holdings in Huron Consulting Group by 11.4% in the fourth quarter. Morgan Stanley now owns 779,120 shares of the business services provider’s stock worth $134,718,000 after purchasing an additional 79,757 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Huron Consulting Group by 0.5% during the third quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock valued at $90,153,000 after acquiring an additional 3,340 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Huron Consulting Group by 1.2% during the fourth quarter. Jennison Associates LLC now owns 587,755 shares of the business services provider’s stock valued at $101,629,000 after acquiring an additional 6,810 shares in the last quarter. Finally, Fiduciary Management Inc. WI acquired a new position in shares of Huron Consulting Group during the fourth quarter valued at about $90,661,000. 93.90% of the stock is currently owned by institutional investors.

Huron Consulting Group Stock Performance

HURN stock opened at $130.37 on Thursday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.17 and a quick ratio of 1.17. The business has a 50-day moving average price of $139.06 and a 200 day moving average price of $155.96. The company has a market capitalization of $2.16 billion, a P/E ratio of 22.29 and a beta of 0.19. Huron Consulting Group has a 1-year low of $116.12 and a 1-year high of $186.77.

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