Huron Consulting Group (NASDAQ:HURN) Sets New 1-Year Low – Here’s What Happened

Huron Consulting Group Inc. (NASDAQ:HURN)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $101.00 and last traded at $105.2350, with a volume of 39095 shares traded. The stock had previously closed at $107.21.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Wall Street Zen lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Weiss Ratings lowered Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Finally, Wedbush restated an “outperform” rating and set a $160.00 target price on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.50.

Huron Consulting Group Price Performance

The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.22 and a current ratio of 2.22. The company has a 50-day moving average of $124.30 and a 200-day moving average of $150.13. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 18.03 and a beta of 0.15.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.15. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.The business had revenue of $451.77 million during the quarter, compared to analyst estimates of $437.12 million. During the same period in the previous year, the firm earned $1.68 EPS. Huron Consulting Group’s quarterly revenue was up 12.1% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, research analysts anticipate that Huron Consulting Group Inc. will post 8.71 EPS for the current fiscal year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director Ekta Singh-Bushell sold 443 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $118.44, for a total value of $52,468.92. Following the sale, the director owned 13,646 shares in the company, valued at approximately $1,616,232.24. The trade was a 3.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Mccartney sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total value of $63,840.00. Following the completion of the sale, the director owned 40,817 shares in the company, valued at $5,211,514.56. The trade was a 1.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,837 shares of company stock worth $224,707. Corporate insiders own 2.07% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Several institutional investors have recently bought and sold shares of the company. Boston Partners lifted its stake in Huron Consulting Group by 17.0% in the 3rd quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock valued at $130,803,000 after acquiring an additional 129,073 shares in the last quarter. Morgan Stanley lifted its stake in Huron Consulting Group by 11.4% in the 4th quarter. Morgan Stanley now owns 779,120 shares of the business services provider’s stock valued at $134,718,000 after acquiring an additional 79,757 shares in the last quarter. Jennison Associates LLC lifted its stake in Huron Consulting Group by 13.6% in the 1st quarter. Jennison Associates LLC now owns 667,887 shares of the business services provider’s stock valued at $85,149,000 after acquiring an additional 80,132 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Huron Consulting Group by 2.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 641,714 shares of the business services provider’s stock valued at $81,811,000 after acquiring an additional 12,528 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in Huron Consulting Group by 0.5% in the 3rd quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock valued at $90,153,000 after acquiring an additional 3,340 shares in the last quarter. Institutional investors own 93.90% of the company’s stock.

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.