Huron Consulting Group (NASDAQ:HURN) Stock Moved Down to Hold by Zacks Research

Zacks Research downgraded shares of Huron Consulting Group (NASDAQ:HURN) from a strong-buy rating to a hold rating in a research report released on Monday morning,Zacks reports.

Other research analysts have also issued research reports about the stock. Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Truist Financial cut their target price on Huron Consulting Group to $155.00 and set a “buy” rating for the company in a research report on Tuesday, June 9th. Barrington Research reiterated an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Finally, Weiss Ratings raised Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 3rd. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $184.25.

Huron Consulting Group Stock Performance

Shares of HURN opened at $156.36 on Monday. The firm has a market capitalization of $2.49 billion, a PE ratio of 23.41 and a beta of 0.07. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 2.11. The firm has a 50-day moving average price of $151.60 and a 200 day moving average price of $127.53. Huron Consulting Group has a 52-week low of $84.88 and a 52-week high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 EPS for the quarter, topping analysts’ consensus estimates 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 revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.89 EPS. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. On average, sell-side analysts anticipate that Huron Consulting Group will post 9.18 earnings per share for the current fiscal year.

Insider Activity at Huron Consulting Group

In related news, CEO C. Hussey sold 24,072 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total value of $3,986,082.48. Following the completion of the sale, the chief executive officer owned 74,399 shares in the company, valued at approximately $12,319,730.41. This represents a 24.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Featherstone sold 459 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $152.67, for a total transaction of $70,075.53. Following the completion of the transaction, the insider directly owned 1,050 shares of the company’s stock, valued at $160,303.50. This represents a 30.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.07% of the company’s stock.

Institutional Trading of Huron Consulting Group

A number of hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd boosted its position in Huron Consulting Group by 11,900.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 240 shares of the business services provider’s stock worth $41,000 after acquiring an additional 238 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Huron Consulting Group in the 2nd quarter valued at about $75,000. Fifth Third Bancorp acquired a new position in shares of Huron Consulting Group in the 1st quarter valued at about $122,000. Nykredit A S acquired a new position in shares of Huron Consulting Group in the 2nd quarter valued at about $111,000. Finally, Harbor Investment Advisory LLC purchased a new stake in shares of Huron Consulting Group in the first quarter worth approximately $159,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Company Profile

Huron Consulting Group Inc (NASDAQ:HURN) is a professional services firm that helps organizations improve performance, manage change and address complex business challenges. The company works with clients across the healthcare, education, commercial and public sectors, providing consulting, technology and managed services.

Huron’s services include strategic planning, operational improvement, organizational transformation, financial and performance management, data and analytics, and technology implementation.