Huron Consulting Group (NASDAQ:HURN) Rating Lowered to “Hold” at Zacks Research

Huron Consulting Group (NASDAQ:HURN) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.

Other research analysts also recently issued research reports about the company. Truist Financial decreased their price objective on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Finally, Weiss Ratings upgraded shares of Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 3rd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $184.25.

Huron Consulting Group Trading Down 0.8%

Shares of Huron Consulting Group stock opened at $156.36 on Monday. Huron Consulting Group has a 1-year low of $84.88 and a 1-year high of $186.77. The company’s fifty day simple moving average is $151.60 and its 200-day simple moving average is $127.53. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.71 and a quick ratio of 1.71. The stock has a market capitalization of $2.49 billion, a PE ratio of 23.41 and a beta of 0.07.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data 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. The firm had revenue of $475.04 million during the quarter, compared to analyst estimates of $448.98 million. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%.Huron Consulting Group’s revenue was up 15.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.89 EPS. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, equities analysts anticipate that Huron Consulting Group will post 9.18 earnings per share for the current year.

Insiders Place Their Bets

In other Huron Consulting Group news, insider Kyle Featherstone sold 459 shares of the stock in a transaction 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 completion of the sale, the insider owned 1,050 shares in the company, valued at approximately $160,303.50. This represents a 30.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO C. Hussey sold 24,072 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total value of $3,986,082.48. Following the sale, the chief executive officer directly owned 74,399 shares in the company, valued at approximately $12,319,730.41. This represents 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. Corporate insiders own 2.07% of the company’s stock.

Institutional Trading of Huron Consulting Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tidal Investments LLC bought a new position in Huron Consulting Group in the 2nd quarter worth approximately $547,000. Squarepoint Ops LLC raised its position in shares of Huron Consulting Group by 1,272.1% during the second quarter. Squarepoint Ops LLC now owns 38,075 shares of the business services provider’s stock valued at $3,433,000 after buying an additional 35,300 shares during the last quarter. Nykredit A S purchased a new position in shares of Huron Consulting Group in the second quarter worth $111,000. Corient Private Wealth LP purchased a new position in shares of Huron Consulting Group in the second quarter worth $2,815,000. Finally, Keeler Thomas Management LLC boosted its position in shares of Huron Consulting Group by 6.6% during the second quarter. Keeler Thomas Management LLC now owns 7,042 shares of the business services provider’s stock worth $635,000 after acquiring an additional 438 shares during the last quarter. Institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Company Profile

Huron Consulting Group Inc (NASDAQ:HURN) is a professional services firm that helps organizations improve performance, manage change and address complex business challenges. The company works with clients across the healthcare, education, commercial and public sectors, providing consulting, technology and managed services.

Huron’s services include strategic planning, operational improvement, organizational transformation, financial and performance management, data and analytics, and technology implementation.