Huron Consulting Group (NASDAQ:HURN) Stock Price Up 7.6% – Should You Buy?

Huron Consulting Group Inc. (NASDAQ:HURN) traded up 7.6% on Tuesday . The stock traded as high as $123.79 and last traded at $125.3490. Approximately 26,864 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 283,379 shares. The stock had previously closed at $116.51.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on HURN shares. Wall Street Zen downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Weiss Ratings lowered Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Wedbush restated an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Finally, Truist Financial lowered their target price on shares of Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $184.25.

Huron Consulting Group Stock Up 6.0%

The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of 21.14 and a beta of 0.12. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 2.10. The firm has a fifty day moving average price of $104.99 and a 200 day moving average price of $127.91.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.15. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.The business had revenue of $451.77 million for the quarter, compared to analyst estimates of $437.12 million. During the same period in the prior year, the company earned $1.68 EPS. Huron Consulting Group’s revenue for the quarter 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 EPS for the current fiscal year.

Insider Activity

In other news, Director Joy Brown sold 1,821 shares of the firm’s stock in a transaction 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 completion of the sale, the director directly owned 8,575 shares in the company, valued at approximately $900,460.75. This trade represents a 17.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Debra Zumwalt sold 598 shares of Huron Consulting Group stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $118.44, for a total value of $70,827.12. Following the completion of the transaction, the director directly owned 27,201 shares of the company’s stock, valued at $3,221,686.44. This represents a 2.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 2,862 shares of company stock worth $314,519. 2.07% of the stock is owned by corporate insiders.

Institutional Trading of Huron Consulting Group

Several hedge funds have recently modified their holdings of the stock. Harbor Investment Advisory LLC boosted its position in Huron Consulting Group by 46.5% in the 2nd quarter. Harbor Investment Advisory LLC now owns 1,831 shares of the business services provider’s stock valued at $165,000 after buying an additional 581 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of Huron Consulting Group during the first quarter worth $258,000. Pine Valley Investments Ltd Liability Co acquired a new position in shares of Huron Consulting Group during the first quarter valued at $858,000. Bank of America Corp DE lifted its stake in shares of Huron Consulting Group by 6.6% during 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 during the period. Finally, California State Teachers Retirement System boosted its holdings in 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 during the last quarter. 93.90% of the stock is owned by institutional investors.

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.