Huron Consulting Group (NASDAQ:HURN) Price Target Raised to $215.00

by · The Cerbat Gem

Huron Consulting Group (NASDAQ:HURN – Free Report) had its target price increased by Benchmark from $180.00 to $215.00 in a research report released on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the business services provider’s stock.

A number of other equities research analysts have also recently issued reports on the company. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Wednesday, October 8th. Finally, Truist Financial raised their price target on Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Six analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $199.00.

Read Our Latest Report on HURN

Huron Consulting Group Stock Performance

Shares of HURN stock opened at $180.66 on Wednesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.44 and a current ratio of 1.44. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 30.26 and a beta of 0.18. Huron Consulting Group has a 52 week low of $120.25 and a 52 week high of $182.71. The firm’s 50-day simple moving average is $167.26 and its two-hundred day simple moving average is $148.09.

Huron Consulting Group (NASDAQ:HURN – Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The business services provider reported $2.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.24. The company had revenue of $441.28 million during the quarter, compared to analyst estimates of $418.13 million. Huron Consulting Group had a net margin of 6.54% and a return on equity of 27.06%. Huron Consulting Group’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. As a group, equities analysts forecast that Huron Consulting Group will post 6.1 earnings per share for the current year.

Insider Activity at Huron Consulting Group

In related news, COO James Ronald Dail sold 7,824 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $169.53, for a total value of $1,326,402.72. Following the completion of the sale, the chief operating officer owned 31,184 shares in the company, valued at $5,286,623.52. The trade was a 20.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John Mccartney sold 6,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $161.44, for a total transaction of $1,049,360.00. Following the completion of the sale, the director owned 43,317 shares of the company’s stock, valued at approximately $6,993,096.48. The trade was a 13.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 25,970 shares of company stock worth $4,232,162 in the last 90 days. 2.15% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Huron Consulting Group

Large investors have recently added to or reduced their stakes in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Huron Consulting Group by 149.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,199,574 shares of the business services provider’s stock valued at $172,079,000 after purchasing an additional 719,199 shares during the last quarter. Boston Partners increased its stake in shares of Huron Consulting Group by 17.0% in the third quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock worth $130,803,000 after buying an additional 129,073 shares during the period. Franklin Resources Inc. raised its holdings in Huron Consulting Group by 0.5% during the 3rd quarter. Franklin Resources Inc. now owns 614,248 shares of the business services provider’s stock valued at $90,153,000 after buying an additional 3,340 shares during the last quarter. Jennison Associates LLC boosted its holdings in shares of Huron Consulting Group by 17.4% during the second quarter. Jennison Associates LLC now owns 581,397 shares of the business services provider’s stock worth $79,965,000 after purchasing an additional 86,069 shares during the period. Finally, Sunriver Management LLC lifted its holdings in Huron Consulting Group by 19.5% in the 3rd quarter. Sunriver Management LLC now owns 451,985 shares of the business services provider’s stock worth $66,338,000 after buying an additional 73,774 shares during the period. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Huron Consulting Group Company Profile

(Get Free Report)

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.

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