Huron Consulting Group (NASDAQ:HURN) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of Huron Consulting Group (NASDAQ:HURN) from a hold rating to a strong-buy rating in a research report released on Wednesday,Zacks.com reports.

Other analysts have also recently issued research reports about the company. Weiss Ratings cut Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Wedbush restated an “outperform” rating and set a $160.00 price target on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Barrington Research reaffirmed an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Finally, Truist Financial decreased their price objective on Huron Consulting Group to $155.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $184.25.

Huron Consulting Group Trading Down 3.9%

Shares of Huron Consulting Group stock opened at $163.76 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 2.22 and a debt-to-equity ratio of 2.11. The company has a fifty day simple moving average of $107.67 and a 200-day simple moving average of $127.32. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of 24.51 and a beta of 0.12. Huron Consulting Group has a 12-month low of $84.88 and a 12-month high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 EPS for the quarter, topping the consensus estimate of $2.17 by $0.29. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The firm had revenue of $475.04 million for the quarter, compared to analyst estimates of $448.98 million. During the same period last year, the business earned $1.89 EPS. Huron Consulting Group’s revenue for the quarter was up 15.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. On average, equities analysts forecast that Huron Consulting Group will post 9.24 EPS for the current fiscal year.

Insider Activity 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 value of $52,468.92. Following the transaction, the director directly owned 13,646 shares in the company, valued at approximately $1,616,232.24. This trade represents a 3.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joy Brown sold 1,821 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $105.01, for a total value of $191,223.21. Following the completion of the transaction, the director directly owned 8,575 shares in the company, valued at approximately $900,460.75. The trade was a 17.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,862 shares of company stock worth $314,519 in the last quarter. Company insiders own 2.07% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Several hedge funds have recently modified their holdings of HURN. Maseco LLP purchased a new position in Huron Consulting Group in the 4th quarter valued at $29,000. Strs Ohio purchased a new position in Huron Consulting Group during the 4th quarter worth $35,000. Brown Brothers Harriman & Co. purchased a new position in Huron Consulting Group during the 3rd quarter worth $35,000. Advisory Services Network LLC acquired a new stake in shares of Huron Consulting Group in the 3rd quarter worth $36,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of Huron Consulting Group in the 4th quarter worth $39,000. 93.90% of the stock is owned by institutional investors and hedge funds.

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.