Huron Consulting Group (NASDAQ:HURN) Stock Rating Upgraded by Zacks Research

Huron Consulting Group (NASDAQ:HURN) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.

A number of other equities research analysts have also weighed in on HURN. Truist Financial lowered their price objective on Huron Consulting Group to $155.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. Weiss Ratings lowered Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Wedbush reiterated an “outperform” rating and set a $160.00 target price on shares of Huron Consulting Group in a research note on Wednesday, May 6th. Wall Street Zen downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, Barrington Research restated an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Huron Consulting Group has an average rating of “Buy” and an average price target of $184.25.

Huron Consulting Group Stock Performance

Shares of HURN stock opened at $163.76 on Wednesday. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.71 and a quick ratio of 2.22. The company’s fifty day moving average price is $107.67 and its two-hundred day moving average price is $127.32. The firm has a market capitalization of $2.61 billion, a P/E ratio of 24.51 and a beta of 0.12. Huron Consulting Group has a 12 month low of $84.88 and a 12 month high of $186.77.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $475.04 million during the quarter, compared to the consensus estimate of $448.98 million. During the same period last year, the firm earned $1.89 earnings per share. The company’s revenue 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, research analysts anticipate that Huron Consulting Group will post 9.24 earnings per share for the current fiscal year.

Insider Buying and Selling at Huron Consulting Group

In other news, Director Debra Zumwalt sold 598 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 27,201 shares in the company, valued at approximately $3,221,686.44. The trade was a 2.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 of the company’s stock, valued at $1,616,232.24. This trade 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. Insiders sold 2,862 shares of company stock valued at $314,519 in the last ninety days. Company insiders own 2.07% of the company’s stock.

Hedge Funds Weigh In On Huron Consulting Group

Several large investors have recently bought and sold shares of the stock. Principal Financial Group Inc. boosted its holdings in shares of Huron Consulting Group by 51.8% in the fourth quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider’s stock valued at $82,454,000 after acquiring an additional 162,706 shares in the last quarter. Legato Capital Management LLC acquired a new position in shares of Huron Consulting Group during the fourth quarter valued at approximately $2,175,000. Oak Ridge Investments LLC bought a new stake in Huron Consulting Group during the fourth quarter worth approximately $2,432,000. AEGON ASSET MANAGEMENT UK Plc bought a new stake in Huron Consulting Group during the fourth quarter worth approximately $2,054,000. Finally, Fiduciary Management Inc. WI acquired a new stake in Huron Consulting Group in the fourth quarter worth approximately $90,661,000. 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.