Huron Consulting Group (NASDAQ:HURN) Sets New 1-Year Low – Here’s What Happened

Huron Consulting Group Inc. (NASDAQ:HURN) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $101.00 and last traded at $105.2350, with a volume of 39095 shares changing hands. The stock had previously closed at $107.21.

Wall Street Analysts Forecast Growth

HURN has been the subject of a number of analyst reports. Wedbush reissued an “outperform” rating and set a $160.00 price objective on shares of Huron Consulting Group in a report on Wednesday, May 6th. Weiss Ratings cut Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Finally, Wall Street Zen cut Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 12th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $205.50.

Huron Consulting Group Trading Down 1.3%

The company’s 50-day moving average is $124.30 and its 200-day moving average is $150.13. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 18.03 and a beta of 0.15. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.22 and a current ratio of 2.22.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.15. The business had revenue of $451.77 million for the quarter, compared to the consensus estimate of $437.12 million. Huron Consulting Group had a net margin of 5.94% and a return on equity of 29.41%. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.68 EPS. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, research analysts predict that Huron Consulting Group Inc. will post 8.71 earnings per share for the current year.

Insiders Place Their Bets

In other Huron Consulting Group news, Director Ekta Singh-Bushell sold 443 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $52,468.92. Following the completion of the sale, the director directly owned 13,646 shares of the company’s stock, valued at approximately $1,616,232.24. The trade was a 3.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Debra Zumwalt sold 598 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $118.44, for a total value of $70,827.12. Following the sale, the director directly owned 27,201 shares of the company’s stock, valued at $3,221,686.44. This represents a 2.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 1,837 shares of company stock valued at $224,707. 2.07% of the stock is currently owned by insiders.

Institutional Trading of Huron Consulting Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Maseco LLP bought a new stake in Huron Consulting Group during the 4th quarter worth about $29,000. Clearstead Advisors LLC raised its holdings in Huron Consulting Group by 86.2% during the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock worth $30,000 after purchasing an additional 94 shares during the last quarter. Strs Ohio acquired a new position in shares of Huron Consulting Group during the 4th quarter worth about $35,000. Brown Brothers Harriman & Co. acquired a new position in shares of Huron Consulting Group during the 3rd quarter worth about $35,000. Finally, Advisory Services Network LLC acquired a new position in shares of Huron Consulting Group during the 3rd quarter worth about $36,000. 93.90% of the stock is owned by institutional investors.

Huron Consulting Group Company Profile

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.