Huron Consulting Group Inc. (NASDAQ:HURN) Given Average Recommendation of “Buy” by Brokerages

Huron Consulting Group Inc. (NASDAQ:HURN) has been given a consensus recommendation of “Buy” by the six research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $184.25.

A number of research firms have issued reports on HURN. Zacks Research upgraded shares of Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Truist Financial reduced their target price on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Barrington Research restated an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Wedbush reaffirmed an “outperform” rating and issued a $160.00 price target on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Finally, 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.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, insider Kyle Featherstone sold 459 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The shares were 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 approximately $160,303.50. This represents a 30.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C. Mark Hussey sold 24,072 shares of the business’s 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 transaction, the chief executive officer directly owned 74,399 shares of the company’s stock, valued at $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. Over the last 90 days, insiders sold 26,352 shares of company stock valued at $4,247,381. Corporate insiders own 2.07% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Large investors have recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of Huron Consulting Group during the second quarter worth $125,191,000. Fiduciary Management Inc. WI bought a new stake in Huron Consulting Group in the 4th quarter valued at $90,661,000. UBS Group AG boosted its stake in Huron Consulting Group by 271.0% in the 4th quarter. UBS Group AG now owns 422,719 shares of the business services provider’s stock worth $73,092,000 after purchasing an additional 308,770 shares during the period. Principal Financial Group Inc. boosted its stake in Huron Consulting Group by 51.8% in the 4th quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider’s stock worth $82,454,000 after purchasing an additional 162,706 shares during the period. Finally, Boston Partners increased its holdings in Huron Consulting Group by 17.0% during the 3rd quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock worth $130,803,000 after purchasing an additional 129,073 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors.

Huron Consulting Group Stock Down 0.0%

Shares of HURN opened at $152.03 on Thursday. The business’s fifty day moving average price is $113.95 and its two-hundred day moving average price is $125.75. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of 22.76 and a beta of 0.06. Huron Consulting Group has a 52 week low of $84.88 and a 52 week high of $186.77. 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 earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.29. The company had revenue of $475.04 million during the quarter, compared to the consensus estimate of $448.98 million. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%.The firm’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.89 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. On average, analysts predict that Huron Consulting Group will post 9.18 earnings per share for the current year.

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.