Huron Consulting Group Inc. (NASDAQ:HURN) Receives Average Recommendation of "Buy" from Analysts

Key Points

• Huron Consulting Group Inc. has received an average analyst recommendation of "Buy" from six research firms, with a twelve-month price objective set at $171.50.
• Insiders have sold a total of 9,888 shares in the last quarter, representing a significant decrease in their positions, while institutional investors hold approximately 93.90% of the company's stock.
• Huron Consulting reported earnings of $1.89 EPS, exceeding estimates, and announced a fiscal year 2025 guidance of 7.300-7.70 EPS.

Shares of Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) have received an average recommendation of "Buy" from the six research firms that are currently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $171.50.

Several equities analysts have recently commented on HURN shares. Barrington Research boosted their target price on shares of Huron Consulting Group from $173.00 to $176.00 and gave the company an "outperform" rating in a research report on Thursday, August 7th. Wall Street Zen cut shares of Huron Consulting Group from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Huron Consulting Group in a research report on Wednesday.

Insider Activity at Huron Consulting Group

In related news, insider Kyle Featherstone sold 375 shares of the company's stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $135.73, for a total transaction of $50,898.75. Following the completion of the transaction, the insider directly owned 1,311 shares in the company, valued at $177,942.03. This represents a 22.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Mccartney sold 500 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $145.68, for a total transaction of $72,840.00. Following the sale, the director directly owned 50,317 shares in the company, valued at $7,330,180.56. The trade was a 0.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,888 shares of company stock valued at $1,378,690 in the last quarter. 2.15% of the stock is owned by company insiders.

Institutional Investors Weigh In On Huron Consulting Group

Institutional investors have recently added to or reduced their stakes in the business. Sowell Financial Services LLC bought a new stake in Huron Consulting Group during the 1st quarter worth approximately $203,000. KBC Group NV bought a new stake in Huron Consulting Group during the 1st quarter worth approximately $128,000. Lisanti Capital Growth LLC bought a new stake in Huron Consulting Group during the 1st quarter worth approximately $4,626,000. GSA Capital Partners LLP bought a new stake in Huron Consulting Group during the 1st quarter worth approximately $760,000. Finally, Informed Momentum Co LLC bought a new stake in Huron Consulting Group during the 1st quarter worth approximately $3,988,000. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Stock Up 1.6%

Huron Consulting Group stock opened at $152.30 on Thursday. The company has a market cap of $2.64 billion, a P/E ratio of 26.58 and a beta of 0.29. Huron Consulting Group has a 1-year low of $102.94 and a 1-year high of $155.00. The company has a fifty day simple moving average of $138.92 and a 200 day simple moving average of $139.83. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 1.35.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its earnings results on Thursday, July 31st. The business services provider reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.79 by $0.10. The company had revenue of $402.50 million during the quarter, compared to analysts' expectations of $402.67 million. Huron Consulting Group had a net margin of 6.60% and a return on equity of 25.52%. Huron Consulting Group's quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. Research analysts anticipate that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

Huron Consulting Group Company Profile

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.

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