Huron Consulting Group (NASDAQ:HURN) Hits New 12-Month Low – Time to Sell?

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $98.79 and last traded at $97.4410, with a volume of 90834 shares trading hands. The stock had previously closed at $106.20.

Analysts Set New Price Targets

Several analysts recently commented on the company. Weiss Ratings lowered Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Wall Street Zen downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Barrington Research reaffirmed an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday. Truist Financial cut their target price on shares of Huron Consulting Group to $155.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. Finally, Wedbush reiterated an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $184.25.

Huron Consulting Group Trading Down 7.5%

The stock has a market cap of $1.59 billion, a PE ratio of 16.77 and a beta of 0.08. The company has a 50 day moving average of $116.12 and a two-hundred day moving average of $142.08. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.22 and a current ratio of 2.22.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.15. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The firm had revenue of $451.77 million during the quarter, compared to analyst estimates of $437.12 million. During the same quarter in the prior year, the firm posted $1.68 earnings per share. Huron Consulting Group’s quarterly revenue was up 12.1% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Sell-side 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 Joy Brown sold 1,821 shares of Huron Consulting Group stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $105.01, for a total transaction of $191,223.21. Following the sale, the director directly owned 8,575 shares in the company, valued at $900,460.75. This trade represents a 17.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 sale, the director 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 3,658 shares of company stock worth $415,931 over the last three months. Insiders own 2.07% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

A number of institutional investors have recently added to or reduced their stakes in the business. CWM LLC lifted its holdings in shares of Huron Consulting Group by 14.9% in the 4th quarter. CWM LLC now owns 464 shares of the business services provider’s stock valued at $80,000 after buying an additional 60 shares during the period. California State Teachers Retirement System increased its stake in Huron Consulting Group by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 16,396 shares of the business services provider’s stock valued at $2,255,000 after purchasing an additional 76 shares in the last quarter. Wedbush Securities Inc. boosted its position in Huron Consulting Group by 4.8% during the fourth quarter. Wedbush Securities Inc. now owns 1,861 shares of the business services provider’s stock worth $322,000 after purchasing an additional 85 shares in the last quarter. Truist Financial Corp grew its holdings in Huron Consulting Group by 1.4% in the fourth quarter. Truist Financial Corp now owns 6,485 shares of the business services provider’s stock valued at $1,121,000 after purchasing an additional 87 shares during the last quarter. Finally, Clearstead Advisors LLC increased its position in shares of Huron Consulting Group by 86.2% in the third quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock valued at $30,000 after buying an additional 94 shares in the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

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.