Brokerages Set Huron Consulting Group Inc. (NASDAQ:HURN) Price Target at $184.25

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have been assigned an average recommendation of “Moderate Buy” from the five brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $184.25.

A number of research analysts have recently weighed in on the company. Wall Street Zen lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Truist Financial cut their price objective on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Wedbush reissued an “outperform” rating and issued a $160.00 price objective on shares of Huron Consulting Group in a report on Wednesday, May 6th. Finally, Weiss Ratings lowered Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th.

Insider Buying and Selling

In other news, Director Joy Brown sold 1,821 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $105.01, for a total value of $191,223.21. Following the transaction, the director owned 8,575 shares in the company, valued at $900,460.75. This trade represents a 17.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John Mccartney sold 500 shares of the firm’s stock in a transaction that occurred on 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 owned 40,817 shares in the company, valued at approximately $5,211,514.56. This trade represents a 1.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,658 shares of company stock valued at $415,931 in the last three months. 2.07% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Huron Consulting Group

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Empowered Funds LLC purchased a new position in shares of Huron Consulting Group in the first quarter valued at approximately $258,000. Pine Valley Investments Ltd Liability Co purchased a new position in shares of Huron Consulting Group in the first quarter valued at approximately $858,000. Bank of America Corp DE lifted its position in shares of Huron Consulting Group by 6.6% in the first quarter. Bank of America Corp DE now owns 267,172 shares of the business services provider’s stock valued at $34,062,000 after acquiring an additional 16,482 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of Huron Consulting Group by 25.9% in the first quarter. California State Teachers Retirement System now owns 20,621 shares of the business services provider’s stock valued at $2,629,000 after acquiring an additional 4,239 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its position in shares of Huron Consulting Group by 58.4% in the first quarter. Quantinno Capital Management LP now owns 5,576 shares of the business services provider’s stock valued at $711,000 after acquiring an additional 2,056 shares in the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Trading Down 0.1%

Shares of NASDAQ:HURN opened at $90.48 on Tuesday. The business’s 50-day moving average is $113.82 and its 200 day moving average is $140.52. Huron Consulting Group has a 1 year low of $84.88 and a 1 year high of $186.77. The firm has a market capitalization of $1.47 billion, a P/E ratio of 15.44 and a beta of 0.09. The company has a debt-to-equity ratio of 2.10, a current ratio of 2.22 and a quick ratio of 2.22.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.15. The company had revenue of $451.77 million for the quarter, compared to analyst estimates 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 period in the prior year, the company posted $1.68 EPS. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, research analysts predict that Huron Consulting Group will post 8.71 earnings per share 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.