Analysts Set Huron Consulting Group Inc. (NASDAQ:HURN) Target Price at $170.75

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) has received an average rating of "Buy" from the five ratings firms that are presently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a buy recommendation. The average twelve-month target price among analysts that have covered the stock in the last year is $170.75.

Several research analysts have commented on the company. Truist Financial raised their target price on Huron Consulting Group from $165.00 to $180.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. Benchmark reaffirmed a "buy" rating and set a $165.00 price target on shares of Huron Consulting Group in a research note on Wednesday, March 26th. William Blair restated an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday, March 26th. Barrington Research boosted their price objective on Huron Consulting Group from $167.00 to $173.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Finally, Wedbush lifted their price objective on Huron Consulting Group from $150.00 to $165.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 26th.

Insider Activity

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the firm's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $133.63, for a total transaction of $66,815.00. Following the completion of the sale, the director directly owned 51,621 shares in the company, valued at approximately $6,898,114.23. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joy Brown sold 668 shares of the stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $149.74, for a total value of $100,026.32. Following the sale, the director owned 8,896 shares in the company, valued at approximately $1,332,087.04. This represents a 6.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.15% of the stock is owned by insiders.

Institutional Investors Weigh In On Huron Consulting Group

A number of large investors have recently added to or reduced their stakes in the stock. Sowell Financial Services LLC bought a new stake in shares of Huron Consulting Group during the 1st quarter valued at about $203,000. Millennium Management LLC increased its position in Huron Consulting Group by 58.7% in the fourth quarter. Millennium Management LLC now owns 92,872 shares of the business services provider's stock worth $11,540,000 after buying an additional 34,353 shares in the last quarter. Advisor Resource Council purchased a new position in shares of Huron Consulting Group during the 1st quarter valued at about $986,000. Asset Management One Co. Ltd. grew its stake in shares of Huron Consulting Group by 5.7% during the 1st quarter. Asset Management One Co. Ltd. now owns 59,140 shares of the business services provider's stock valued at $8,484,000 after acquiring an additional 3,209 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in Huron Consulting Group by 10.0% in the 4th quarter. Ameriprise Financial Inc. now owns 57,273 shares of the business services provider's stock worth $7,117,000 after acquiring an additional 5,187 shares in the last quarter. Institutional investors own 93.90% of the company's stock.

Huron Consulting Group Stock Down 0.2%

HURN stock traded down $0.26 during mid-day trading on Tuesday, reaching $137.28. 183,442 shares of the company traded hands, compared to its average volume of 154,569. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 1.14. The firm's 50 day moving average price is $142.08 and its 200 day moving average price is $136.74. Huron Consulting Group has a fifty-two week low of $96.45 and a fifty-two week high of $155.00. The stock has a market cap of $2.37 billion, a price-to-earnings ratio of 20.58 and a beta of 0.30.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.52. The company had revenue of $404.14 million during the quarter, compared to analyst estimates of $389.27 million. Huron Consulting Group had a net margin of 7.88% and a return on equity of 24.68%. Huron Consulting Group's quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.23 EPS. As a group, equities research analysts predict that Huron Consulting Group will post 6.1 EPS for the current fiscal year.

About Huron Consulting Group

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children's and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.