Wall Street Zen Upgrades Huron Consulting Group (NASDAQ:HURN) to “Buy”
by Amy Steele · The Cerbat GemHuron Consulting Group (NASDAQ:HURN – Get Free Report) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.
HURN has been the subject of a number of other reports. Weiss Ratings reissued a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Wedbush started coverage on shares of Huron Consulting Group in a research note on Thursday, April 9th. They set an “outperform” rating and a $160.00 price objective for the company. Benchmark raised their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, December 24th. Finally, Barrington Research raised their price objective on shares of Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a research note on Monday, January 5th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $205.50.
Read Our Latest Report on Huron Consulting Group
Huron Consulting Group Stock Performance
Shares of NASDAQ HURN opened at $129.17 on Friday. Huron Consulting Group has a 1 year low of $116.12 and a 1 year high of $186.77. The stock has a market cap of $2.14 billion, a P/E ratio of 22.08 and a beta of 0.19. The firm has a 50-day moving average of $131.75 and a 200 day moving average of $154.94. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.17 and a quick ratio of 1.17.
Huron Consulting Group (NASDAQ:HURN – Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The business services provider reported $2.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.23. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The company had revenue of $441.96 million during the quarter, compared to analysts’ expectations of $433.57 million. During the same period last year, the company posted $1.90 EPS. Huron Consulting Group’s revenue was up 10.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. As a group, sell-side analysts expect that Huron Consulting Group will post 6.1 EPS for the current fiscal year.
Insiders Place Their Bets
In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total transaction of $63,840.00. Following the completion of the sale, the director directly owned 40,817 shares in the company, valued at approximately $5,211,514.56. This trade represents a 1.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,296 shares of company stock worth $185,796. 2.07% of the stock is currently owned by company insiders.
Institutional Trading of Huron Consulting Group
A number of institutional investors and hedge funds have recently bought and sold shares of HURN. Richardson Financial Services Inc. increased its stake in Huron Consulting Group by 68.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 79 shares in the last quarter. Maseco LLP bought a new stake in shares of Huron Consulting Group in the fourth quarter worth approximately $29,000. Clearstead Advisors LLC grew its stake in shares of Huron Consulting Group by 86.2% in the third quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock worth $30,000 after acquiring an additional 94 shares during the period. Strs Ohio bought a new stake in shares of Huron Consulting Group in the fourth quarter worth approximately $35,000. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of Huron Consulting Group in the third quarter worth approximately $35,000. 93.90% of the stock is currently owned by institutional investors.
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.