Barrington Research Reaffirms “Outperform” Rating for Huron Consulting Group (NASDAQ:HURN)

Huron Consulting Group (NASDAQ:HURN)‘s stock had its “outperform” rating restated by stock analysts at Barrington Research in a report issued on Wednesday,Benzinga reports.

HURN has been the subject of several other research reports. Truist Financial dropped their price objective on Huron Consulting Group to $155.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. Wedbush reiterated an “outperform” rating and issued a $160.00 price objective on shares of Huron Consulting Group in a report on Wednesday, May 6th. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings cut Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Huron Consulting Group currently has a consensus rating of “Moderate Buy” and an average target price of $184.25.

Huron Consulting Group Trading Up 1.2%

NASDAQ HURN traded up $1.31 on Wednesday, hitting $108.97. The company’s stock had a trading volume of 56,846 shares, compared to its average volume of 274,682. Huron Consulting Group has a 52-week low of $100.10 and a 52-week high of $186.77. 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’s 50-day simple moving average is $116.60 and its 200 day simple moving average is $142.50. The firm has a market cap of $1.77 billion, a P/E ratio of 18.59 and a beta of 0.08.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.15. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.The business had revenue of $451.77 million during the quarter, compared to analysts’ expectations of $437.12 million. During the same quarter last year, the business posted $1.68 EPS. The business’s revenue was up 12.1% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Research analysts predict that Huron Consulting Group will post 8.71 EPS for the current fiscal year.

Insider Transactions at Huron Consulting Group

In other news, Director Joy Brown sold 1,821 shares of the stock in a transaction that occurred 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 transaction, the director owned 8,575 shares of the company’s stock, valued at approximately $900,460.75. This represents a 17.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ekta Singh-Bushell sold 443 shares of the stock in a transaction that occurred 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 completion of the transaction, 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,658 shares of company stock worth $415,931 over the last 90 days. 2.07% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in HURN. Maseco LLP bought a new position in shares of Huron Consulting Group in the 4th quarter worth approximately $29,000. Clearstead Advisors LLC raised its position in shares of Huron Consulting Group by 86.2% in the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock worth $30,000 after acquiring an additional 94 shares in the last quarter. Strs Ohio bought a new position in Huron Consulting Group during the 4th quarter valued at approximately $35,000. Brown Brothers Harriman & Co. bought a new position in Huron Consulting Group during the 3rd quarter valued at approximately $35,000. Finally, Advisory Services Network LLC bought a new position in Huron Consulting Group during the 3rd quarter valued at approximately $36,000. Institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Company Profile

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.