Huron Consulting Group (NASDAQ:HURN) Trading Up 6% – Should You Buy?

Huron Consulting Group Inc. (NASDAQ:HURN) shares rose 6% on Tuesday . The company traded as high as $106.62 and last traded at $105.9770. Approximately 41,896 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 287,375 shares. The stock had previously closed at $100.01.

Analysts Set New Price Targets

HURN has been the topic of several research reports. Truist Financial decreased their price target on shares of Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Wedbush reissued an “outperform” rating and issued a $160.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Barrington Research restated an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Wall Street Zen raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Finally, Weiss Ratings cut shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Huron Consulting Group currently has an average rating of “Moderate Buy” and a consensus price target of $184.25.

Huron Consulting Group Price Performance

The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 2.10. The business’s 50-day simple moving average is $106.63 and its two-hundred day simple moving average is $133.97. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 17.58 and a beta of 0.12.

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

Insider Activity at Huron Consulting Group

In related news, Director Debra Zumwalt sold 598 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $118.44, for a total value of $70,827.12. Following the transaction, the director owned 27,201 shares in the company, valued at $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 Securities & Exchange Commission, which is available at this hyperlink. 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 transaction of $191,223.21. Following the sale, the director directly owned 8,575 shares in the company, valued at $900,460.75. This trade represents a 17.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,862 shares of company stock worth $314,519 over the last quarter. Company insiders own 2.07% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Several large investors have recently added to or reduced their stakes in the business. Maseco LLP bought a new position in shares of Huron Consulting Group during the 4th quarter worth approximately $29,000. Strs Ohio bought a new stake in shares of Huron Consulting Group in the 4th quarter valued at $35,000. Kemnay Advisory Services Inc. acquired a new position in shares of Huron Consulting Group during the 4th quarter valued at $39,000. Brown Brothers Harriman & Co. acquired a new position in shares of Huron Consulting Group during the 3rd quarter valued at $35,000. Finally, Caitong International Asset Management Co. Ltd boosted its stake in Huron Consulting Group by 11,900.0% during the fourth 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 in the last quarter. 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.