Huron Consulting Group (NASDAQ:HURN) Releases FY 2025 Earnings Guidance

Key Points

• Huron Consulting Group updated its FY 2025 earnings guidance, projecting an EPS of $7.30-$7.70 compared to the consensus estimate of $7.39, and revenue guidance of $1.7 billion above the consensus estimate of $1.6 billion.
• Analysts have mixed ratings on Huron Consulting, with Barrington Research increasing its price target to $173 while Wall Street Zen downgraded it from "buy" to "hold," resulting in a consensus rating of "Moderate Buy".
• The stock has recently traded at $132.08, with a 52-week range between $101.73 and $155.00, reflecting its market cap of $2.28 billion and a price-to-earnings ratio of 19.80.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 7.300-7.70 for the period, compared to the consensus estimate of 7.390. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on HURN. Wall Street Zen lowered Huron Consulting Group from a "buy" rating to a "hold" rating in a report on Friday, May 2nd. Barrington Research increased their price target on Huron Consulting Group from $167.00 to $173.00 and gave the stock an "outperform" rating in a report on Monday, May 5th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $170.75.

Huron Consulting Group Stock Up 2.6%

Shares of HURN stock traded up $3.17 during trading hours on Monday, reaching $125.15. The company had a trading volume of 34,131 shares, compared to its average volume of 203,646. Huron Consulting Group has a 12 month low of $101.73 and a 12 month high of $155.00. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.99 and a quick ratio of 1.99. The business has a fifty day simple moving average of $136.45 and a 200-day simple moving average of $138.48. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 21.84 and a beta of 0.26.

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 for the quarter, beating analysts' consensus estimates of $1.79 by $0.10. Huron Consulting Group had a return on equity of 25.52% and a net margin of 6.60%. The company had revenue of $402.50 million for the quarter, compared to analyst estimates of $402.67 million. During the same quarter last year, the company earned $1.68 earnings per share. The company's revenue for the quarter was up 8.3% on a year-over-year basis. On average, research analysts expect that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Joy Brown sold 668 shares of Huron Consulting Group stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $149.74, for a total transaction of $100,026.32. Following the sale, the director directly owned 8,896 shares in the company, valued at approximately $1,332,087.04. This trade represents a 6.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director H Eugene Lockhart sold 1,040 shares of Huron Consulting Group stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $136.74, for a total value of $142,209.60. Following the sale, the director owned 8,162 shares in the company, valued at $1,116,071.88. This trade represents a 11.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,208 shares of company stock worth $310,606 over the last 90 days. 2.15% of the stock is currently owned by corporate insiders.

Institutional Trading of Huron Consulting Group

A number of hedge funds have recently bought and sold shares of HURN. Goldman Sachs Group Inc. lifted its holdings in Huron Consulting Group by 53.0% during the first quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider's stock worth $28,538,000 after acquiring an additional 68,891 shares during the period. Jane Street Group LLC bought a new stake in Huron Consulting Group during the first quarter worth $6,313,000. Intech Investment Management LLC raised its stake in shares of Huron Consulting Group by 28.1% in the first quarter. Intech Investment Management LLC now owns 11,064 shares of the business services provider's stock valued at $1,587,000 after buying an additional 2,425 shares during the period. Acadian Asset Management LLC raised its stake in shares of 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 valued at $481,000 after buying an additional 2,136 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Huron Consulting Group by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,464 shares of the business services provider's stock valued at $1,501,000 after buying an additional 469 shares during the period. 93.90% of the stock is currently owned by institutional investors.

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.