Huron Consulting Group Inc. (NASDAQ:HURN) Receives $215.50 Average Price Target from Brokerages

Huron Consulting Group Inc. (NASDAQ:HURN) has been assigned a consensus recommendation of “Buy” from the six brokerages that are presently covering the stock, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1-year price objective among analysts that have covered the stock in the last year is $215.50.

HURN has been the subject of several research reports. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Wednesday, October 8th. Wedbush lifted their price target on shares of Huron Consulting Group from $165.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Benchmark upped their price objective on Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, December 24th. Truist Financial raised their target price on Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Finally, Barrington Research boosted their target price on Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a research note on Monday, January 5th.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $164.20, for a total transaction of $82,100.00. Following the completion of the transaction, the director owned 42,817 shares in the company, valued at $7,030,551.40. This trade represents a 1.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Debra Zumwalt sold 170 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $170.89, for a total transaction of $29,051.30. Following the sale, the director owned 26,469 shares in the company, valued at $4,523,287.41. The trade was a 0.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 22,049 shares of company stock valued at $3,660,668. Insiders own 2.15% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Several institutional investors have recently made changes to their positions in the stock. Truist Financial Corp purchased a new position in shares of Huron Consulting Group during the second quarter worth about $959,000. Ritholtz Wealth Management bought a new stake in Huron Consulting Group during the second quarter valued at approximately $499,000. Meritage Portfolio Management purchased a new position in Huron Consulting Group in the 2nd quarter worth approximately $610,000. Y Intercept Hong Kong Ltd bought a new position in shares of Huron Consulting Group in the 2nd quarter worth $1,481,000. Finally, Sunriver Management LLC increased its holdings in shares of Huron Consulting Group by 10.6% in the 2nd quarter. Sunriver Management LLC now owns 378,211 shares of the business services provider’s stock worth $52,019,000 after buying an additional 36,303 shares during the last quarter. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Stock Performance

HURN stock opened at $176.41 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 1.18. The firm has a market cap of $3.04 billion, a PE ratio of 29.55 and a beta of 0.11. The business has a 50 day moving average of $173.83 and a 200-day moving average of $153.66. Huron Consulting Group has a 12-month low of $120.25 and a 12-month high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.24. The business had revenue of $441.28 million for the quarter, compared to analyst estimates of $418.13 million. Huron Consulting Group had a return on equity of 27.06% and a net margin of 6.54%.Huron Consulting Group’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same period last year, the company posted $1.68 earnings per share. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. As a group, sell-side analysts expect that Huron Consulting Group will post 6.1 earnings per share for the current year.

Huron Consulting Group Company Profile

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.