Huron Consulting Group’s (HURN) Outperform Rating Reaffirmed at Wedbush

Huron Consulting Group (NASDAQ:HURN)‘s stock had its “outperform” rating restated by equities research analysts at Wedbush in a note issued to investors on Thursday,Benzinga reports. They currently have a $160.00 price target on the business services provider’s stock. Wedbush’s price objective would indicate a potential upside of 25.33% from the stock’s current price.

A number of other brokerages have also weighed in on HURN. Benchmark upped their target price on shares of Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, December 24th. Wall Street Zen downgraded shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Weiss Ratings restated a “buy (b)” rating on shares of Huron Consulting Group in a research note on Thursday, January 22nd. Finally, Barrington Research increased their price objective on shares of Huron Consulting Group from $190.00 to $207.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Huron Consulting Group currently has an average rating of “Buy” and a consensus price target of $205.50.

Huron Consulting Group Price Performance

Shares of NASDAQ HURN opened at $127.66 on Thursday. The firm has a market cap of $2.12 billion, a PE ratio of 21.83 and a beta of 0.19. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.93. Huron Consulting Group has a 1-year low of $116.12 and a 1-year high of $186.77. The company has a fifty day moving average price of $137.51 and a 200 day moving average price of $155.71.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, February 24th. The business services provider reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.23. The firm had revenue of $441.96 million during the quarter, compared to analyst estimates of $433.57 million. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.90 EPS. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. Research analysts predict that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $127.68, for a total value of $63,840.00. Following the sale, the director directly owned 40,817 shares in the company, valued at $5,211,514.56. This represents a 1.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,296 shares of company stock valued at $185,796. Corporate insiders own 2.15% of the company’s stock.

Institutional Trading of Huron Consulting Group

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Richardson Financial Services Inc. raised its position in Huron Consulting Group by 68.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock worth $29,000 after purchasing an additional 79 shares during the period. Maseco LLP bought a new stake in Huron Consulting Group in the 4th quarter worth $29,000. Clearstead Advisors LLC grew its holdings in 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 during the last quarter. Strs Ohio bought a new stake in Huron Consulting Group in the 4th quarter worth $35,000. Finally, Brown Brothers Harriman & Co. bought a new stake in Huron Consulting Group in the 3rd quarter worth $35,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

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.