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

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

Several equities research analysts recently weighed in on the company. Weiss Ratings upgraded Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, September 3rd. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Zacks Research raised shares of Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Truist Financial reduced their price objective 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 research note on Wednesday, June 17th.

Insider Transactions at Huron Consulting Group

In other news, CEO C. Hussey sold 24,072 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total value of $3,986,082.48. Following the sale, the chief executive officer directly owned 74,399 shares of the company’s stock, valued at approximately $12,319,730.41. This trade represents a 24.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Featherstone sold 459 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $152.67, for a total value of $70,075.53. Following the transaction, the insider directly owned 1,050 shares of the company’s stock, valued at $160,303.50. This represents a 30.42% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.07% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Huron Consulting Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in Huron Consulting Group during the 2nd quarter valued at $125,191,000. Fiduciary Management Inc. WI bought a new position in shares of Huron Consulting Group during the 4th quarter worth about $90,661,000. Jennison Associates LLC increased its holdings in shares of Huron Consulting Group by 13.6% during the 1st 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 period. Dimensional Fund Advisors LP raised its position in shares of Huron Consulting Group by 2.0% during the first quarter. Dimensional Fund Advisors LP now owns 641,714 shares of the business services provider’s stock valued at $81,811,000 after buying an additional 12,528 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC lifted its stake 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 buying an additional 7,380 shares during the period. Institutional investors and hedge funds own 93.90% of the company’s stock.

Huron Consulting Group Trading Down 0.8%

Huron Consulting Group stock opened at $156.36 on Friday. Huron Consulting Group has a one year low of $84.88 and a one year high of $186.77. The company’s fifty day moving average price is $151.60 and its two-hundred day moving average price is $127.53. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.71 and a quick ratio of 1.71. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 23.41 and a beta of 0.07.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.29. The company had revenue of $475.04 million during the quarter, compared to analysts’ expectations of $448.98 million. Huron Consulting Group had a return on equity of 32.33% and a net margin of 6.38%.The business’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter 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. On average, analysts forecast that Huron Consulting Group will post 9.18 earnings per share for the current fiscal year.

About Huron Consulting Group

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.