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

Huron Consulting Group Inc. (NASDAQ:HURN) has been assigned a consensus recommendation of “Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $184.25.

Several brokerages have weighed in on HURN. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Wedbush restated an “outperform” rating and set a $160.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Barrington Research restated an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, June 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Huron Consulting Group in a report on Friday, August 7th. Finally, Zacks Research raised Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th.

Insider Buying and Selling

In related news, insider Kyle Featherstone sold 459 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $152.67, for a total value of $70,075.53. Following the transaction, the insider directly owned 1,050 shares of the company’s stock, valued at approximately $160,303.50. The trade was a 30.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C. Mark Hussey sold 24,072 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total value of $3,986,082.48. Following the completion of the transaction, the chief executive officer owned 74,399 shares of the company’s stock, valued at $12,319,730.41. The trade was a 24.45% 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 90 days, insiders sold 26,352 shares of company stock worth $4,247,381. 2.07% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Huron Consulting Group

Institutional investors have recently bought and sold shares of the stock. Maseco LLP bought a new position in shares of Huron Consulting Group during the 4th quarter valued at about $29,000. Strs Ohio bought a new stake in shares of Huron Consulting Group in the fourth quarter worth about $35,000. Brown Brothers Harriman & Co. purchased a new stake in shares of Huron Consulting Group in the third quarter worth about $35,000. Advisory Services Network LLC bought a new position in Huron Consulting Group during the third quarter valued at approximately $36,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Huron Consulting Group during the 4th quarter valued at approximately $39,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

Huron Consulting Group Price Performance

NASDAQ HURN opened at $150.31 on Thursday. The business’s fifty day moving average price is $115.78 and its 200-day moving average price is $125.42. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of 22.50 and a beta of 0.06. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.71 and a quick ratio of 1.71. Huron Consulting Group has a 1-year low of $84.88 and a 1-year high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.29. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%.The business had revenue of $475.04 million during the quarter, compared to analysts’ expectations of $448.98 million. During the same quarter in the prior year, the business posted $1.89 earnings per share. The business’s quarterly revenue was up 15.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. On average, equities analysts predict that Huron Consulting Group will post 9.18 earnings per share for the current year.

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.