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

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have been assigned a consensus recommendation of “Buy” from the six research firms that are currently covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a buy recommendation. The average 1-year target price among analysts that have issued a report on the stock in the last year is $215.50.

HURN has been the subject of several recent analyst reports. Wedbush upped their target price on shares of Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Truist Financial lifted their price target on shares of Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Wall Street Zen downgraded Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Benchmark raised their price objective on Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, December 24th.

Huron Consulting Group Price Performance

Shares of HURN opened at $128.80 on Friday. The stock has a market cap of $2.18 billion, a P/E ratio of 22.02 and a beta of 0.12. Huron Consulting Group has a 1 year low of $116.12 and a 1 year high of $186.77. The stock’s 50-day moving average price is $156.87 and its two-hundred day moving average price is $157.22. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.93.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, February 24th. The business services provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.23. Huron Consulting Group had a return on equity of 28.20% and a net margin of 6.18%.The company had revenue of $441.96 million during the quarter, compared to analysts’ expectations of $433.57 million. During the same period in the prior year, the business posted $1.90 EPS. Huron Consulting Group’s revenue was up 10.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, equities analysts predict that Huron Consulting Group will post 6.1 earnings per share for the current year.

Insider Activity

In other news, Director John Mccartney sold 500 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $168.77, for a total transaction of $84,385.00. Following the sale, the director owned 41,817 shares of the company’s stock, valued at $7,057,455.09. This trade represents a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Debra Zumwalt sold 170 shares of Huron Consulting Group stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $170.89, for a total value of $29,051.30. Following the transaction, the director owned 26,469 shares in the company, valued at $4,523,287.41. This trade represents a 0.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 796 shares of company stock valued at $134,968 over the last 90 days. Corporate insiders own 2.15% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Huron Consulting Group by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,464 shares of the business services provider’s stock worth $1,501,000 after acquiring an additional 469 shares during the period. Goldman Sachs Group Inc. boosted its stake in Huron Consulting Group by 53.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider’s stock worth $28,538,000 after purchasing an additional 68,891 shares during the period. Jane Street Group LLC bought a new position in Huron Consulting Group during the 1st quarter worth about $6,313,000. Intech Investment Management LLC increased its holdings in Huron Consulting Group by 28.1% during the 1st quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider’s stock worth $1,587,000 after purchasing an additional 2,425 shares in the last quarter. Finally, Acadian Asset Management LLC raised its stake in shares of Huron Consulting Group by 174.4% in the 1st quarter. Acadian Asset Management LLC now owns 3,361 shares of the business services provider’s stock valued at $481,000 after purchasing an additional 2,136 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

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.