Huron Consulting Group Inc. (NASDAQ:HURN) Given Average Recommendation of “Buy” by Analysts

Huron Consulting Group Inc. (NASDAQ:HURN) has been assigned a consensus recommendation of “Buy” from the five brokerages that are presently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $171.50.

Several equities research analysts recently issued reports on HURN shares. Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Barrington Research lifted their price objective on Huron Consulting Group from $173.00 to $176.00 and gave the stock an “outperform” rating in a report on Thursday, August 7th.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,040 shares of the firm’s stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $136.74, for a total value of $142,209.60. Following the transaction, the director directly owned 8,162 shares of the company’s stock, valued at $1,116,071.88. This trade represents a 11.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John Mccartney sold 500 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $129.11, for a total transaction of $64,555.00. Following the completion of the transaction, the director directly owned 51,317 shares in the company, valued at $6,625,537.87. This trade represents a 0.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,711 shares of company stock valued at $624,066. Company insiders own 2.15% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Sowell Financial Services LLC purchased a new position in Huron Consulting Group in the 1st quarter worth approximately $203,000. KBC Group NV purchased a new position in Huron Consulting Group in the 1st quarter worth approximately $128,000. Lisanti Capital Growth LLC purchased a new position in Huron Consulting Group in the 1st quarter worth approximately $4,626,000. GSA Capital Partners LLP purchased a new position in Huron Consulting Group in the 1st quarter worth approximately $760,000. Finally, Informed Momentum Co LLC purchased a new position in Huron Consulting Group in the 1st quarter worth approximately $3,988,000. 93.90% of the stock is owned by hedge funds and other institutional investors.

Huron Consulting Group Trading Up 0.3%

Shares of Huron Consulting Group stock opened at $136.57 on Wednesday. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 1.35. Huron Consulting Group has a twelve month low of $102.58 and a twelve month high of $155.00. The firm has a market capitalization of $2.36 billion, a PE ratio of 23.83 and a beta of 0.26. The firm’s 50-day moving average price is $133.70 and its 200 day moving average price is $139.14.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Thursday, July 31st. The business services provider reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.10. Huron Consulting Group had a return on equity of 25.52% and a net margin of 6.60%.The company had revenue of $402.50 million for the quarter, compared to analysts’ expectations of $402.67 million. During the same period in the previous year, the firm posted $1.68 EPS. Huron Consulting Group’s revenue was up 8.3% compared to the same quarter last year. Huron Consulting Group has set its FY 2025 guidance at 7.300-7.70 EPS. On average, sell-side analysts predict that Huron Consulting Group will post 6.1 EPS for the current fiscal year.

About Huron Consulting Group

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children’s and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.