Huron Consulting Group (NASDAQ:HURN) Trading 5.2% Higher – Should You Buy?

Huron Consulting Group Inc. (NASDAQ:HURN) shares shot up 5.2% on Monday . The company traded as high as $111.31 and last traded at $111.3930. 65,070 shares traded hands during trading, a decline of 77% from the average session volume of 284,894 shares. The stock had previously closed at $105.85.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Sunday. Weiss Ratings downgraded Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Truist Financial dropped their price objective on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, May 6th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Huron Consulting Group has an average rating of “Moderate Buy” and an average price target of $184.25.

Huron Consulting Group Price Performance

The company has a market capitalization of $1.82 billion, a P/E ratio of 19.11 and a beta of 0.12. The company’s 50-day moving average price is $105.63 and its two-hundred day moving average price is $132.91. The company has a debt-to-equity ratio of 2.10, a current ratio of 2.22 and a quick ratio of 2.22.

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

Insider Buying and Selling

In other Huron Consulting Group news, Director Debra Zumwalt sold 598 shares of the 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 in the company, valued at $3,221,686.44. This trade represents a 2.15% decrease in their position. 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 Ekta Singh-Bushell sold 443 shares of Huron Consulting Group stock in a transaction on Monday, May 11th. The stock was sold at an average price of $118.44, for a total value of $52,468.92. Following the sale, the director directly owned 13,646 shares of the company’s stock, valued at $1,616,232.24. This represents a 3.14% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 2,862 shares of company stock valued at $314,519. Insiders own 2.07% of the company’s stock.

Hedge Funds Weigh In On Huron Consulting Group

A number of hedge funds have recently bought and sold shares of HURN. Fiduciary Management Inc. WI acquired a new stake in Huron Consulting Group in the 4th quarter worth about $90,661,000. UBS Group AG grew its position in shares of Huron Consulting Group by 271.0% during the 4th quarter. UBS Group AG now owns 422,719 shares of the business services provider’s stock worth $73,092,000 after purchasing an additional 308,770 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Huron Consulting Group by 51.8% during the 4th quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider’s stock worth $82,454,000 after purchasing an additional 162,706 shares in the last quarter. Boston Partners increased its holdings in shares of Huron Consulting Group by 17.0% during the third quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock worth $130,803,000 after purchasing an additional 129,073 shares during the period. Finally, Capital International Investors increased its holdings in shares of Huron Consulting Group by 964.2% during the fourth quarter. Capital International Investors now owns 98,443 shares of the business services provider’s stock worth $17,022,000 after purchasing an additional 89,193 shares during the period. 93.90% of the stock is owned by institutional investors.

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.