Research Analysts Set Expectations for HURN FY2025 Earnings

Key Points

• Barrington Research has revised down their FY2025 earnings per share (EPS) estimate for Huron Consulting Group to $7.50, slightly lower than the previous forecast of $7.54.
• In the most recent quarter, Huron Consulting Group reported $1.89 EPS, exceeding analyst expectations of $1.79, with a year-over-year revenue increase of 8.3%.
• The company's stock has received a "Moderate Buy" consensus rating, with a price target of $171.50, although Wall Street Zen has downgraded it from a "buy" to a "hold" rating.

Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) - Analysts at Barrington Research dropped their FY2025 earnings per share (EPS) estimates for shares of Huron Consulting Group in a research note issued to investors on Thursday, August 7th. Barrington Research analyst K. Steinke now anticipates that the business services provider will post earnings of $7.50 per share for the year, down from their prior forecast of $7.54. Barrington Research has a "Outperform" rating and a $176.00 price target on the stock. The consensus estimate for Huron Consulting Group's current full-year earnings is $6.10 per share.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly 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. 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 during the quarter, compared to analyst estimates of $402.67 million. During the same quarter in the previous year, the firm posted $1.68 EPS. The firm's quarterly revenue was up 8.3% on a year-over-year basis.

Separately, Wall Street Zen lowered Huron Consulting Group from a "buy" rating to a "hold" rating in a research report on Saturday. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $171.50.

Huron Consulting Group Trading Up 1.0%

Shares of HURN stock opened at $133.00 on Monday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.99 and a current ratio of 1.99. Huron Consulting Group has a 1 year low of $101.84 and a 1 year high of $155.00. The stock has a fifty day moving average of $134.86 and a two-hundred day moving average of $138.56. The firm has a market capitalization of $2.30 billion, a PE ratio of 23.21 and a beta of 0.26.

Institutional Trading of Huron Consulting Group

A number of hedge funds and other institutional investors have recently modified their holdings of HURN. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Huron Consulting Group by 149.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,199,574 shares of the business services provider's stock worth $172,079,000 after buying an additional 719,199 shares in the last quarter. Nuveen LLC bought a new stake in shares of Huron Consulting Group in the 1st quarter worth $38,511,000. BloombergSen Inc. acquired a new stake in shares of Huron Consulting Group during the second quarter worth $32,157,000. SG Capital Management LLC acquired a new stake in shares of Huron Consulting Group during the second quarter worth $14,860,000. Finally, Driehaus Capital Management LLC acquired a new stake in shares of Huron Consulting Group during the first quarter worth $13,822,000. Institutional investors own 93.90% of the company's stock.

Insider Transactions at Huron Consulting Group

In other news, Director James H. Roth sold 2,000 shares of the business's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $128.98, for a total value of $257,960.00. Following the sale, the director owned 43,304 shares of the company's stock, valued at approximately $5,585,349.92. The trade was a 4.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Joy Brown sold 668 shares of the business's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $149.74, for a total value of $100,026.32. Following the completion of the sale, the director directly owned 8,896 shares in the company, valued at $1,332,087.04. This represents a 6.98% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,708 shares of company stock worth $633,121 over the last 90 days. 2.15% of the stock is currently owned by corporate insiders.

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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