Huron Consulting Group Inc. (NASDAQ:HURN) Receives $215.50 Average Price Target from Brokerages

Huron Consulting Group Inc. (NASDAQ:HURN) has been assigned an average rating of “Buy” from the six research firms that are covering the firm, MarketBeat reports. Six research analysts have rated the stock with a buy rating. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $215.50.

Several research firms recently issued reports on HURN. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Barrington Research raised their price objective on Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Wedbush upped their target price on shares of Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a report on Wednesday, October 8th. Finally, Truist Financial increased their price objective on Huron Consulting Group from $180.00 to $240.00 and gave the company a “buy” rating in a report on Friday, November 14th.

Insider Buying and Selling

In related news, COO James Ronald Dail sold 662 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $170.11, for a total value of $112,612.82. Following the completion of the sale, the chief operating officer directly owned 30,355 shares in the company, valued at approximately $5,163,689.05. The trade was a 2.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Debra Zumwalt sold 170 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $170.89, for a total value of $29,051.30. Following the sale, the director directly owned 26,469 shares in the company, valued at approximately $4,523,287.41. This trade represents a 0.64% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 22,049 shares of company stock valued at $3,660,668 in the last 90 days. 2.15% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Huron Consulting Group by 4.7% during the 1st 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 last quarter. Goldman Sachs Group Inc. lifted its holdings in Huron Consulting Group by 53.0% during 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 in the last quarter. Jane Street Group LLC bought a new position in shares of Huron Consulting Group in the first quarter worth $6,313,000. Intech Investment Management LLC increased its holdings in shares of Huron Consulting Group by 28.1% in the 1st quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider’s stock worth $1,587,000 after buying an additional 2,425 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its stake in Huron Consulting Group by 174.4% in the first quarter. Acadian Asset Management LLC now owns 3,361 shares of the business services provider’s stock worth $481,000 after buying an additional 2,136 shares in the last quarter. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Stock Down 1.1%

NASDAQ:HURN opened at $183.46 on Friday. The business’s fifty day moving average price is $173.38 and its 200 day moving average price is $153.22. Huron Consulting Group has a 1-year low of $120.25 and a 1-year high of $186.77. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of 30.73 and a beta of 0.11. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 1.18.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, topping the consensus estimate of $1.86 by $0.24. The company had revenue of $441.28 million for the quarter, compared to analyst estimates of $418.13 million. Huron Consulting Group had a net margin of 6.54% and a return on equity of 27.06%. Huron Consulting Group’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. On average, sell-side analysts forecast that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

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.