Huron Consulting Group (NASDAQ:HURN) Reaches New 52-Week High – What’s Next?

Huron Consulting Group Inc. (NASDAQ:HURN)’s share price hit a new 52-week high during trading on Thursday. The company traded as high as $186.80 and last traded at $184.8160, with a volume of 95,676 shares traded. The stock had previously closed at $183.32.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Evercore raised Huron Consulting Group to an “outperform” rating in a research note on Friday. Truist Financial lifted their target price on shares of Huron Consulting Group from $175.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday. Zacks Research lowered shares of Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Finally, Weiss Ratings raised shares of Huron Consulting Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $200.50.

Huron Consulting Group Price Performance

The business has a 50-day simple moving average of $162.08 and a 200 day simple moving average of $133.23. The firm has a market cap of $3.11 billion, a P/E ratio of 29.29 and a beta of 0.09. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.71 and a current ratio of 1.71.

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

Insiders Place Their Bets

In related news, insider Kyle Featherstone sold 459 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $152.67, for a total value of $70,075.53. Following the completion of the sale, the insider owned 1,050 shares of the company’s stock, valued at $160,303.50. This trade represents a 30.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO C. Hussey sold 24,072 shares of Huron Consulting Group stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total transaction of $3,986,082.48. Following the completion of the sale, the chief executive officer owned 74,399 shares in the company, valued at approximately $12,319,730.41. This trade represents a 24.45% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 24,613 shares of company stock valued at $4,069,914 in the last ninety days. 2.07% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Huron Consulting Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd lifted its holdings 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 worth $41,000 after buying an additional 238 shares during the period. GAMMA Investing LLC boosted its position in Huron Consulting Group by 57.9% during the 3rd quarter. GAMMA Investing LLC now owns 289 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 106 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in Huron Consulting Group during the 2nd quarter valued at approximately $75,000. Sterling Capital Management LLC grew its holdings in shares of Huron Consulting Group by 805.2% during the 3rd quarter. Sterling Capital Management LLC now owns 525 shares of the business services provider’s stock worth $82,000 after acquiring an additional 467 shares during the period. Finally, Nykredit A S purchased a new position in shares of Huron Consulting Group during the 2nd quarter worth approximately $111,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Company Profile

Huron Consulting Group, Inc is a professional services firm that helps organizations improve performance, manage change, and use technology to address complex business challenges. The company serves clients in the healthcare, education, and public sectors, as well as commercial organizations.

Its services include operational and financial improvement, strategy and organizational consulting, digital transformation, technology implementation, data and analytics, and managed services. Huron also provides specialized advisory support for hospitals and health systems, colleges and universities, government agencies, and businesses seeking to improve processes, financial performance, and customer or patient experiences.

Founded in 2002 and headquartered in Chicago, Huron serves clients across the United States and internationally.