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

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have been given an average recommendation of “Buy” by the six research firms that are currently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $199.00.

Several equities analysts have commented on HURN shares. Truist Financial raised their target price on shares of Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Benchmark raised their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, December 24th. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th.

Insider Transactions at Huron Consulting Group

In related news, COO James Ronald Dail sold 7,824 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $169.53, for a total value of $1,326,402.72. Following the sale, the chief operating officer directly owned 31,184 shares in the company, valued at $5,286,623.52. The trade was a 20.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James H. Roth sold 2,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $164.57, for a total transaction of $329,140.00. Following the sale, the director directly owned 35,304 shares of the company’s stock, valued at approximately $5,809,979.28. This represents a 5.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 25,970 shares of company stock worth $4,232,162. Corporate insiders own 2.15% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Richardson Financial Services Inc. lifted its position in shares of Huron Consulting Group by 68.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 79 shares during the last quarter. Clearstead Advisors LLC raised its position in shares of Huron Consulting Group by 86.2% during the third quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock worth $30,000 after purchasing an additional 94 shares during the period. Quarry LP purchased a new stake in shares of Huron Consulting Group during the first quarter valued at $31,000. Brown Brothers Harriman & Co. acquired a new position in shares of Huron Consulting Group in the 3rd quarter valued at $35,000. Finally, Advisory Services Network LLC purchased a new position in Huron Consulting Group in the 3rd quarter worth about $36,000. Institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Stock Down 0.7%

Shares of Huron Consulting Group stock opened at $179.34 on Tuesday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.44. Huron Consulting Group has a 1-year low of $120.25 and a 1-year high of $182.71. The business’s fifty day moving average price is $167.81 and its two-hundred day moving average price is $148.54. The company has a market capitalization of $3.09 billion, a P/E ratio of 30.04 and a beta of 0.18.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.24. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.The company had revenue of $441.28 million for the quarter, compared to analyst estimates of $418.13 million. During the same period last year, the company earned $1.68 earnings per share. The company’s quarterly revenue was up 16.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. As a group, research analysts forecast that Huron Consulting Group will post 6.1 EPS for the current 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.