Huron Consulting Group Inc. (NASDAQ:HURN) Stock Has Average Price Target of $184.25

Huron Consulting Group Inc. (NASDAQ:HURN) has received an average recommendation of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $184.25.

A number of research analysts recently commented on HURN shares. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Weiss Ratings upgraded shares of Huron Consulting Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Zacks Research lowered shares of Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th.

Huron Consulting Group Price Performance

HURN opened at $193.35 on Tuesday. The stock has a market capitalization of $3.08 billion, a PE ratio of 21.67 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. The stock’s 50 day moving average price is $161.20 and its 200-day moving average price is $132.79. Huron Consulting Group has a 52-week low of $84.88 and a 52-week high of $194.25.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.89 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. On average, equities research analysts predict that Huron Consulting Group will post 9.18 EPS for the current year.

Insider Activity at Huron Consulting Group

In related news, CEO C. 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 value of $3,986,082.48. Following the completion of the sale, the chief executive officer owned 74,399 shares of the company’s stock, valued at approximately $12,319,730.41. The trade was a 24.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Featherstone sold 459 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $152.67, for a total transaction of $70,075.53. Following the completion of the sale, the insider directly owned 1,050 shares of the company’s stock, valued at approximately $160,303.50. This trade represents a 30.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 24,613 shares of company stock worth $4,069,914. 2.07% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HURN. BlackRock Inc. purchased a new position in shares of Huron Consulting Group during the 2nd quarter worth approximately $125,191,000. Jennison Associates LLC raised its position in Huron Consulting Group by 13.6% in the first quarter. Jennison Associates LLC now owns 667,887 shares of the business services provider’s stock worth $85,149,000 after acquiring an additional 80,132 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Huron Consulting Group by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 641,714 shares of the business services provider’s stock worth $81,811,000 after acquiring an additional 12,528 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Huron Consulting Group by 6.6% during the 1st quarter. Bank of America Corp DE now owns 267,172 shares of the business services provider’s stock worth $34,062,000 after purchasing an additional 16,482 shares during the period. Finally, Congress Asset Management Co. grew its stake in shares of Huron Consulting Group by 12.5% during the 3rd quarter. Congress Asset Management Co. now owns 106,781 shares of the business services provider’s stock worth $16,746,000 after purchasing an additional 11,836 shares during the period. 93.90% of the stock is owned by institutional investors and hedge funds.

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.