Huron Consulting Group (NASDAQ:HURN) Sets New 1-Year High – What’s Next?

by · The Cerbat Gem

Shares of Huron Consulting Group Inc. (NASDAQ:HURN – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $174.75 and last traded at $174.10, with a volume of 144210 shares changing hands. The stock had previously closed at $172.75.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on HURN shares. Truist Financial raised their price target on shares of Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Benchmark upped their target price on Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Wall Street Zen upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Six analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $190.25.

View Our Latest Stock Report on HURN

Huron Consulting Group Stock Performance

The company has a debt-to-equity ratio of 1.18, a current ratio of 1.44 and a quick ratio of 1.44. The business has a 50 day moving average price of $159.40 and a 200 day moving average price of $144.97. The stock has a market capitalization of $3.00 billion, a PE ratio of 29.16 and a beta of 0.18.

Huron Consulting Group (NASDAQ:HURN – Get Free Report) last released its quarterly earnings data on Tuesday, October 28th. The business services provider reported $2.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.24. The business 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 revenue was up 16.7% compared to the same quarter last year. During the same period last year, the business earned $1.68 EPS. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. As a group, equities research analysts expect that Huron Consulting Group Inc. will post 6.1 earnings per share for the current year.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction on Monday, December 1st. The stock was sold at an average price of $164.57, for a total value of $329,140.00. Following the completion of the sale, the director owned 35,304 shares of the company’s stock, valued at approximately $5,809,979.28. This trade represents a 5.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Mccartney sold 500 shares of the business’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $164.20, for a total value of $82,100.00. Following the completion of the transaction, the director owned 42,817 shares of the company’s stock, valued at $7,030,551.40. This represents a 1.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 24,970 shares of company stock valued at $4,053,612 over the last 90 days. Corporate insiders own 2.15% of the company’s stock.

Institutional Investors Weigh In On Huron Consulting Group

Several large investors have recently bought and sold shares of HURN. California State Teachers Retirement System lifted its stake in Huron Consulting Group by 0.5% during the 2nd quarter. California State Teachers Retirement System now owns 16,396 shares of the business services provider’s stock valued at $2,255,000 after acquiring an additional 76 shares during the period. Richardson Financial Services Inc. raised its holdings in shares of Huron Consulting Group by 68.1% during the third 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 during the last quarter. Clearstead Advisors LLC lifted its position in Huron Consulting Group by 86.2% during the third quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 94 shares during the period. Savant Capital LLC boosted its holdings in Huron Consulting Group by 6.9% in the second quarter. Savant Capital LLC now owns 1,686 shares of the business services provider’s stock worth $232,000 after purchasing an additional 109 shares during the last quarter. Finally, Keeler Thomas Management LLC boosted its holdings in Huron Consulting Group by 1.7% in the third quarter. Keeler Thomas Management LLC now owns 8,250 shares of the business services provider’s stock worth $1,211,000 after purchasing an additional 136 shares during the last quarter. 93.90% of the stock is currently owned by institutional investors.

About Huron Consulting Group

(Get Free Report)

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.

Read More