Huron Consulting Group (NASDAQ:HURN) Sets New 1-Year Low – Here’s What Happened

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) hit a new 52-week low on Wednesday . The company traded as low as $100.10 and last traded at $103.90, with a volume of 351378 shares changing hands. The stock had previously closed at $105.46.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on HURN shares. Wall Street Zen downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Weiss Ratings cut Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Finally, Wedbush reiterated an “outperform” rating and issued a $160.00 price target on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Huron Consulting Group currently has a consensus rating of “Moderate Buy” and an average price target of $205.50.

Huron Consulting Group Stock Down 1.5%

The company has a market capitalization of $1.68 billion, a P/E ratio of 17.73 and a beta of 0.15. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 2.10. The stock has a 50 day moving average price of $122.18 and a 200 day moving average price of $148.42.

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

Insider Activity

In related news, Director John Mccartney sold 500 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $127.68, for a total transaction of $63,840.00. Following the completion of the transaction, the director directly owned 40,817 shares of the company’s stock, valued at $5,211,514.56. This trade represents a 1.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Debra Zumwalt sold 598 shares of the firm’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 transaction, the director directly owned 27,201 shares of the company’s stock, valued at approximately $3,221,686.44. This represents a 2.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 1,837 shares of company stock worth $224,707. Insiders own 2.07% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Jefferies Financial Group Inc. bought a new position in Huron Consulting Group during the 3rd quarter worth $4,328,000. Hussman Strategic Advisors Inc. bought a new position in Huron Consulting Group during the 3rd quarter worth $925,000. Thrivent Financial for Lutherans bought a new position in Huron Consulting Group during the 3rd quarter worth $11,633,000. SG Capital Management LLC raised its position in Huron Consulting Group by 131.8% during the 3rd 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, AEGON ASSET MANAGEMENT UK Plc bought a new position in Huron Consulting Group during the 4th quarter worth $2,054,000. 93.90% of the stock is owned by institutional investors.

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.