Huron Consulting Group (NASDAQ:HURN) Hits New 12-Month High – What’s Next?

Huron Consulting Group Inc. (NASDAQ:HURN)’s share price hit a new 52-week high during trading on Thursday. The stock traded as high as $186.80 and last traded at $184.8160, with a volume of 95,676 shares trading hands. The stock had previously closed at $183.32.

Analyst Ratings Changes

HURN has been the subject of several recent research reports. Zacks Research lowered shares of Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Weiss Ratings raised Huron Consulting Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Huron Consulting Group currently has an average rating of “Moderate Buy” and a consensus target price of $184.25.

Huron Consulting Group Stock Up 5.5%

The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 28.94 and a beta of 0.09. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.71 and a quick ratio of 1.71. The business has a fifty day moving average price of $160.44 and a two-hundred day moving average price of $132.35.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, July 28th. The business services provider reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.17 by $0.29. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%. The firm had revenue of $475.04 million for the quarter, compared to analyst estimates of $448.98 million. During the same quarter in the prior year, the firm earned $1.89 earnings per share. Huron Consulting Group’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. On average, equities analysts expect that Huron Consulting Group Inc. will post 9.18 earnings per share for the current year.

Insiders Place Their Bets

In other Huron Consulting Group news, CEO C. Hussey sold 24,072 shares of the company’s stock in a transaction 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 sale, the chief executive officer directly owned 74,399 shares of the company’s stock, valued at approximately $12,319,730.41. This represents a 24.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Featherstone sold 459 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $152.67, for a total transaction of $70,075.53. Following the completion of the sale, the insider directly owned 1,050 shares in the company, valued at approximately $160,303.50. The trade was a 30.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 24,613 shares of company stock worth $4,069,914 in the last quarter. Company insiders own 2.07% of the company’s stock.

Hedge Funds Weigh In On Huron Consulting Group

Institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Huron Consulting Group by 11,900.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 240 shares of the business services provider’s stock valued at $41,000 after buying an additional 238 shares during the period. GAMMA Investing LLC grew its holdings in Huron Consulting Group by 57.9% during the third quarter. GAMMA Investing LLC now owns 289 shares of the business services provider’s stock worth $45,000 after acquiring an additional 106 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in Huron Consulting Group during the second quarter worth about $75,000. Nykredit A S purchased a new position in Huron Consulting Group during the second quarter valued at approximately $111,000. Finally, Global Retirement Partners LLC acquired a new position in Huron Consulting Group in the second quarter valued at approximately $120,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

About Huron Consulting Group

Huron Consulting Group, Inc is a professional services firm that helps organizations improve performance, manage change, and use technology to address complex business challenges. The company serves clients in the healthcare, education, and public sectors, as well as commercial organizations.

Its services include operational and financial improvement, strategy and organizational consulting, digital transformation, technology implementation, data and analytics, and managed services. Huron also provides specialized advisory support for hospitals and health systems, colleges and universities, government agencies, and businesses seeking to improve processes, financial performance, and customer or patient experiences.

Founded in 2002 and headquartered in Chicago, Huron serves clients across the United States and internationally.