Huron Consulting Group (NASDAQ:HURN) Downgraded by Zacks Research to Hold

Huron Consulting Group (NASDAQ:HURN) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Monday, Zacks reports.

A number of other analysts also recently issued reports on HURN. Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Truist Financial cut their price target on Huron Consulting Group to $155.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. Finally, Weiss Ratings raised Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, September 3rd. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $184.25.

Huron Consulting Group Stock Performance

Shares of NASDAQ HURN opened at $156.36 on Monday. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.71 and a quick ratio of 1.71. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 23.41 and a beta of 0.07. The stock’s fifty day moving average price is $151.60 and its two-hundred day moving average price is $127.53. Huron Consulting Group has a one year low of $84.88 and a one year high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.17 by $0.29. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The company had revenue of $475.04 million during the quarter, compared to analysts’ expectations of $448.98 million. During the same quarter in the previous year, the business posted $1.89 earnings per share. Huron Consulting Group’s quarterly revenue was up 15.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. On average, equities analysts forecast that Huron Consulting Group will post 9.18 EPS for the current year.

Insider Activity

In other Huron Consulting Group news, insider Kyle Featherstone sold 459 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $152.67, for a total value of $70,075.53. Following the transaction, the insider directly owned 1,050 shares of the company’s stock, valued at $160,303.50. This trade represents a 30.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C. Hussey sold 24,072 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total transaction of $3,986,082.48. Following the sale, the chief executive officer directly owned 74,399 shares of the company’s stock, valued at approximately $12,319,730.41. This trade represents a 24.45% 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. 2.07% of the stock is owned by company insiders.

Institutional Trading of Huron Consulting Group

Several institutional investors and hedge funds have recently modified their holdings of HURN. State of Wyoming grew its holdings in shares of Huron Consulting Group by 3.5% during the 4th quarter. State of Wyoming now owns 3,098 shares of the business services provider’s stock valued at $536,000 after purchasing an additional 105 shares during the last quarter. OLD National Bancorp IN lifted its stake in Huron Consulting Group by 9.8% in the 1st quarter. OLD National Bancorp IN now owns 1,585 shares of the business services provider’s stock valued at $202,000 after purchasing an additional 142 shares during the last quarter. Keybank National Association OH lifted its stake in Huron Consulting Group by 5.6% in the 1st quarter. Keybank National Association OH now owns 3,789 shares of the business services provider’s stock valued at $483,000 after purchasing an additional 200 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Huron Consulting Group by 11,900.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 240 shares of the business services provider’s stock valued at $41,000 after buying an additional 238 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in shares of Huron Consulting Group by 2.4% during the first quarter. SG Americas Securities LLC now owns 11,204 shares of the business services provider’s stock worth $1,428,000 after buying an additional 259 shares during the last quarter. 93.90% of the stock is currently owned by institutional investors.

Huron Consulting Group Company Profile

Huron Consulting Group Inc (NASDAQ:HURN) is a professional services firm that helps organizations improve performance, manage change and address complex business challenges. The company works with clients across the healthcare, education, commercial and public sectors, providing consulting, technology and managed services.

Huron’s services include strategic planning, operational improvement, organizational transformation, financial and performance management, data and analytics, and technology implementation.