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

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have earned a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $205.50.

A number of research analysts have issued reports on HURN shares. Weiss Ratings cut Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Finally, Wedbush restated an “outperform” rating and issued a $160.00 price target on shares of Huron Consulting Group in a research note on Wednesday, May 6th.

Insider Transactions at Huron Consulting Group

In other news, Director Debra Zumwalt sold 598 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $118.44, for a total value of $70,827.12. Following the completion of the transaction, the director owned 27,201 shares in the company, valued at $3,221,686.44. The trade was a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ekta Singh-Bushell sold 443 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $118.44, for a total value of $52,468.92. Following the completion of the transaction, the director owned 13,646 shares of the company’s stock, valued at $1,616,232.24. This represents a 3.14% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,837 shares of company stock worth $224,707 over the last quarter. 2.07% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of HURN. Fiduciary Management Inc. WI purchased a new position in shares of Huron Consulting Group in the fourth quarter worth $90,661,000. UBS Group AG raised its stake in shares of Huron Consulting Group by 271.0% in the fourth quarter. UBS Group AG now owns 422,719 shares of the business services provider’s stock worth $73,092,000 after purchasing an additional 308,770 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Huron Consulting Group by 51.8% in the fourth quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider’s stock worth $82,454,000 after purchasing an additional 162,706 shares during the last quarter. SG Capital Management LLC raised its stake in shares of Huron Consulting Group by 131.8% in the third quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock worth $36,764,000 after purchasing an additional 142,448 shares during the last quarter. Finally, Boston Partners raised its stake in shares of 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 during the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Stock Down 1.5%

Shares of NASDAQ:HURN opened at $103.90 on Friday. The stock has a fifty day simple moving average of $122.18 and a two-hundred day simple moving average of $148.42. The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of 17.73 and a beta of 0.15. Huron Consulting Group has a 12-month low of $100.10 and a 12-month high of $186.77. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 2.10.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.15. The business had revenue of $451.77 million during the quarter, compared to analysts’ expectations of $437.12 million. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.68 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, research analysts anticipate that Huron Consulting Group will post 8.71 earnings per share for the current fiscal year.

Huron Consulting Group Company Profile

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.