Huron Consulting Group (NASDAQ:HURN) Raised to “Buy” at Wall Street Zen

Huron Consulting Group (NASDAQ:HURN) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

HURN has been the subject of several other reports. Truist Financial cut their price objective on Huron Consulting Group to $155.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. Weiss Ratings downgraded Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Barrington Research reaffirmed an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, June 17th. Wedbush reiterated an “outperform” rating and set a $160.00 price target on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Finally, Zacks Research upgraded Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $184.25.

Huron Consulting Group Price Performance

Shares of NASDAQ HURN opened at $151.77 on Friday. The company’s 50-day simple moving average is $108.59 and its 200-day simple moving average is $127.10. Huron Consulting Group has a 52-week low of $84.88 and a 52-week high of $186.77. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 22.72 and a beta of 0.06. 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 released 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. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The firm had revenue of $475.04 million during the quarter, compared to the consensus estimate of $448.98 million. During the same quarter in the prior year, the firm earned $1.89 EPS. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. Equities analysts predict that Huron Consulting Group will post 9.23 EPS for the current fiscal year.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director Debra Zumwalt sold 598 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $70,827.12. Following the transaction, the director owned 27,201 shares of the company’s stock, valued at approximately $3,221,686.44. The trade was a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joy Brown sold 1,821 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $105.01, for a total value of $191,223.21. Following the completion of the sale, the director owned 8,575 shares of the company’s stock, valued at approximately $900,460.75. The trade was a 17.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 26,934 shares of company stock valued at $4,300,602. Company insiders own 2.07% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Harbor Investment Advisory LLC raised its stake in Huron Consulting Group by 46.5% during the second quarter. Harbor Investment Advisory LLC now owns 1,831 shares of the business services provider’s stock worth $165,000 after purchasing an additional 581 shares during the period. Empowered Funds LLC purchased a new stake in shares of Huron Consulting Group in the 1st quarter valued at approximately $258,000. Pine Valley Investments Ltd Liability Co purchased a new stake in shares of Huron Consulting Group in the 1st quarter valued at approximately $858,000. Bank of America Corp DE increased its holdings in shares of Huron Consulting Group by 6.6% during the 1st quarter. Bank of America Corp DE now owns 267,172 shares of the business services provider’s stock worth $34,062,000 after buying an additional 16,482 shares during the last quarter. Finally, California State Teachers Retirement System raised its position in shares of Huron Consulting Group by 25.9% during the 1st quarter. California State Teachers Retirement System now owns 20,621 shares of the business services provider’s stock valued at $2,629,000 after buying an additional 4,239 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

About Huron Consulting Group

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.