Huron Consulting Group (NASDAQ:HURN) Shares Gap Up Following Better-Than-Expected Earnings

Huron Consulting Group Inc. (NASDAQ:HURN)’s stock price gapped up prior to trading on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $121.37, but opened at $134.09. Huron Consulting Group shares last traded at $153.93, with a volume of 122,594 shares changing hands.

The business services provider reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.29. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The firm had revenue of $475.04 million during the quarter, compared to analysts’ expectations of $448.98 million. During the same quarter in the prior year, the company earned $1.89 EPS. The company’s revenue was up 15.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS.

Key Huron Consulting Group News

Here are the key news stories impacting Huron Consulting Group this week:

• Positive Sentiment: Q2 results exceeded expectations. Huron reported adjusted earnings of $2.46 per share, above the $2.13-$2.17 analyst estimates, while revenue reached $475.0 million versus expectations of approximately $449.0 million. EPS increased from $1.89 a year earlier. Huron Consulting Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Record organic growth was reported across the business. Second-quarter revenue before reimbursable expenses rose 16% year over year, with record performance in Consulting and Managed Services and Digital capabilities. The broad-based growth suggests healthy demand rather than reliance on a single operating segment. Huron Announces Record Second Quarter 2026 Financial Results and Increases 2026 Guidance
• Positive Sentiment: Full-year 2026 guidance was raised above consensus. Huron now expects EPS of $9.00-$9.40, compared with analyst expectations near $8.81-$8.71, and revenue of roughly $1.9 billion versus consensus of about $1.8 billion. The updated outlook improves confidence in continued earnings momentum. Huron Reports Strong Q2 and Outlook Exceeds Expectations
• Neutral Sentiment: Board expanded its expertise. Huron appointed Dr. L. Thomas Richards to its board and governance, finance and cybersecurity committees. The move may strengthen oversight but is unlikely to be a major near-term earnings catalyst. Huron Consulting Adds Dr. Richards to Board

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HURN shares. Barrington Research restated an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, June 17th. Wall Street Zen lowered Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Wedbush reiterated an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a report on Wednesday, May 6th. 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 report on Tuesday, June 9th. Finally, Weiss Ratings cut shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $184.25.

Insider Activity

In other news, Director Joy Brown sold 1,821 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $105.01, for a total value of $191,223.21. Following the completion of the sale, the director owned 8,575 shares of the company’s stock, valued at $900,460.75. This trade represents a 17.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ekta Singh-Bushell sold 443 shares of the business’s 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 transaction, the director owned 13,646 shares in the company, valued at approximately $1,616,232.24. This trade represents a 3.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 2,862 shares of company stock worth $314,519. Insiders own 2.07% of the company’s stock.

Hedge Funds Weigh In On Huron Consulting Group

Several hedge funds have recently modified their holdings of the stock. Maseco LLP purchased a new position in shares of Huron Consulting Group in the 4th quarter valued at approximately $29,000. Strs Ohio acquired a new stake in shares of Huron Consulting Group during the fourth quarter worth $35,000. Brown Brothers Harriman & Co. purchased a new stake in shares of Huron Consulting Group during the third quarter valued at $35,000. Advisory Services Network LLC acquired a new position in shares of Huron Consulting Group in the 3rd quarter valued at $36,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Huron Consulting Group in the 4th quarter worth $39,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Trading Up 28.9%

The stock has a 50-day simple moving average of $105.25 and a 200 day simple moving average of $127.51. 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 company has a market cap of $2.54 billion, a price-to-earnings ratio of 26.81 and a beta of 0.12.

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.