Huron Consulting Group Inc. (NASDAQ:HURN) Receives $184.25 Average Target Price from Analysts

Huron Consulting Group Inc. (NASDAQ:HURN) has earned an average rating of “Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $184.25.

HURN has been the subject of a number of recent research reports. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Truist Financial lowered their target price on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Zacks Research upgraded Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Wedbush reissued an “outperform” rating and issued a $160.00 price target on shares of Huron Consulting Group in a report on Wednesday, May 6th. Finally, Barrington Research restated an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th.

Insider Activity

In other Huron Consulting Group news, insider Kyle Featherstone sold 459 shares of Huron Consulting Group stock in a transaction on Friday, July 31st. The shares were sold at an average price of $152.67, for a total value of $70,075.53. Following the completion of the transaction, the insider owned 1,050 shares of the company’s stock, valued at approximately $160,303.50. The trade was a 30.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Joy Brown sold 1,821 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $105.01, for a total transaction of $191,223.21. Following the completion of the transaction, the director owned 8,575 shares of the company’s stock, valued at approximately $900,460.75. This trade represents a 17.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 27,393 shares of company stock worth $4,370,677. 2.07% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Huron Consulting Group

Several institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. acquired a new position in shares of Huron Consulting Group during the 2nd quarter worth approximately $125,191,000. Deutsche Bank AG acquired a new position in shares of Huron Consulting Group during the 2nd quarter worth about $1,859,000. Rice Hall James & Associates LLC purchased a new position in Huron Consulting Group in the 2nd quarter valued at about $1,810,000. Global Retirement Partners LLC purchased a new position in Huron Consulting Group in the 2nd quarter valued at about $120,000. Finally, Bank of New York Mellon Corp acquired a new stake in Huron Consulting Group in the 2nd quarter worth about $5,541,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Price Performance

Shares of NASDAQ HURN opened at $152.05 on Thursday. The business’s 50 day moving average price is $113.12 and its 200 day moving average price is $126.34. The firm has a market cap of $2.42 billion, a P/E ratio of 22.76 and a beta of 0.06. Huron Consulting Group has a 52 week low of $84.88 and a 52 week high of $186.77. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 2.11.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.29. The company had revenue of $475.04 million for the quarter, compared to the consensus estimate of $448.98 million. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. Huron Consulting Group’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.89 EPS. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. On average, sell-side analysts expect that Huron Consulting Group will post 9.18 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.