Huron Consulting Group Inc. (NASDAQ:HURN) Stock Has Consensus Target Price of $184.25

Shares of Huron Consulting Group Inc. (NASDAQ:HURN) have earned an average rating of “Buy” from the six analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $184.25.

Several research firms have recently weighed in on HURN. 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. Weiss Ratings raised shares of Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 3rd. Zacks Research upgraded shares of Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Truist Financial decreased their price target on shares of Huron Consulting Group to $155.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. Finally, Barrington Research reiterated an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, June 17th.

Huron Consulting Group Price Performance

Shares of Huron Consulting Group stock opened at $157.98 on Friday. The stock’s 50-day moving average is $149.79 and its 200 day moving average is $127.22. Huron Consulting Group has a one year low of $84.88 and a one year high of $186.77. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 23.65 and a beta of 0.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.71 and a quick ratio of 1.71.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.29. The firm had revenue of $475.04 million for the quarter, compared to analyst estimates of $448.98 million. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%.The company’s revenue was up 15.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.89 earnings per share. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. Equities research analysts anticipate that Huron Consulting Group will post 9.18 EPS for the current year.

Insiders Place Their Bets

In other Huron Consulting Group news, CEO C. Hussey sold 24,072 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total transaction 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. The trade was a 24.45% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 company’s stock in a transaction 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 transaction, the insider owned 1,050 shares in the company, valued at approximately $160,303.50. The trade was a 30.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.07% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

A number of institutional investors and hedge funds have recently made changes to their positions in HURN. BlackRock Inc. bought a new position in Huron Consulting Group in the 2nd quarter valued at about $125,191,000. Fiduciary Management Inc. WI bought a new stake in Huron Consulting Group during the 4th quarter worth approximately $90,661,000. Jennison Associates LLC raised its stake in shares of Huron Consulting Group by 13.6% in the first quarter. Jennison Associates LLC now owns 667,887 shares of the business services provider’s stock worth $85,149,000 after purchasing an additional 80,132 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Huron Consulting Group by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 641,714 shares of the business services provider’s stock worth $81,811,000 after purchasing an additional 12,528 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC lifted its holdings in shares of Huron Consulting Group by 2.7% in the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 284,856 shares of the business services provider’s stock valued at $49,254,000 after purchasing an additional 7,380 shares in the last quarter. Institutional investors and hedge funds 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.