Huron Consulting Group (NASDAQ:HURN) Trading 6% Higher – What’s Next?

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) traded up 6% on Tuesday . The stock traded as high as $106.62 and last traded at $105.9770. 41,896 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 287,375 shares. The stock had previously closed at $100.01.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on HURN shares. Truist Financial cut 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. Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings cut shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Finally, Wedbush reaffirmed an “outperform” rating and set a $160.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $184.25.

Huron Consulting Group Trading Up 6.0%

The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.22 and a current ratio of 2.22. The stock has a market capitalization of $1.72 billion, a P/E ratio of 18.09 and a beta of 0.12. The stock has a 50-day moving average price of $107.52 and a two-hundred day moving average price of $135.03.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.73 EPS for the quarter, beating 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 company had revenue of $451.77 million during the quarter, compared to the consensus estimate of $437.12 million. During the same quarter in the prior year, the company earned $1.68 earnings per share. The firm’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. On average, research analysts forecast that Huron Consulting Group Inc. will post 8.71 EPS for the current fiscal year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director Ekta Singh-Bushell sold 443 shares of Huron Consulting Group stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $52,468.92. Following the sale, the director directly owned 13,646 shares of the company’s stock, valued at approximately $1,616,232.24. The trade was a 3.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Debra Zumwalt sold 598 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was 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 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. In the last three months, insiders have sold 2,862 shares of company stock valued at $314,519. 2.07% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Huron Consulting Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Maseco LLP purchased a new position in Huron Consulting Group in the fourth quarter worth about $29,000. Strs Ohio bought a new stake in shares of Huron Consulting Group during the fourth quarter valued at approximately $35,000. Brown Brothers Harriman & Co. bought a new stake in shares of Huron Consulting Group during the third quarter valued at approximately $35,000. Advisory Services Network LLC purchased a new position in Huron Consulting Group in the 3rd quarter worth approximately $36,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Huron Consulting Group in the 4th quarter worth approximately $39,000. 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.