Huron Consulting Group (NASDAQ:HURN) Issues Earnings Results

Huron Consulting Group (NASDAQ:HURN) released its earnings results on Tuesday. The business services provider reported $2.46 EPS for the quarter, topping the consensus estimate of $2.17 by $0.29, FiscalAI reports. Huron Consulting Group had a return on equity of 30.79% and a net margin of 6.38%.The business had revenue of $475.04 million for the quarter, compared to the consensus estimate of $448.98 million. During the same period in the previous year, the company posted $1.89 earnings per share. The company’s revenue for the quarter was up 15.7% compared to the same quarter last year. Huron Consulting Group updated its FY 2026 guidance to 9.000-9.400 EPS.

Here are the key takeaways from Huron Consulting Group’s conference call:

• Record second-quarter performance: Revenue before reimbursable expenses rose 15.7% year over year to $465.6 million, while adjusted EPS increased 30.2% to $2.46 and adjusted EBITDA margin expanded to 15.6%.
• Huron raised and narrowed its 2026 guidance, now expecting RBR of $1.85 billion-$1.89 billion and adjusted EPS of $9.00-$9.40, while maintaining its 14.5%-15% adjusted EBITDA margin outlook.
• AI is increasing demand: Digital bookings grew more than 20% in the first half, with over 60% involving direct AI work or AI-enabled delivery; management expects double-digit digital growth in the second half.
• Growth was broad-based, led by healthcare RBR growth of 17.4% and managed services growth of 64%, education growth of 7.8%, and commercial growth of 24.6%; the RelateCare acquisition is expected to add about $30 million of 2026 RBR and approximately $0.10 of adjusted EPS.
• Operating cash flow reached $120.5 million and free cash flow was $111.3 million in the quarter, supporting $53.1 million of share repurchases, though net debt remained $802.8 million and management expects corporate expenses to rise at a low-double-digit rate in 2026.

Huron Consulting Group Stock Performance

HURN traded down $8.49 during midday trading on Thursday, hitting $161.88. 490,056 shares of the company traded hands, compared to its average volume of 294,239. The company’s 50-day moving average is $106.50 and its 200 day moving average is $127.44. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 2.10. The firm has a market capitalization of $2.62 billion, a PE ratio of 24.21 and a beta of 0.12. Huron Consulting Group has a 52 week low of $84.88 and a 52 week high of $186.77.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Barrington Research reiterated an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, June 17th. Wall Street Zen lowered shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Wedbush reaffirmed an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a report on Wednesday, May 6th. Truist Financial dropped their target price on shares of Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Finally, Weiss Ratings downgraded shares of Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Huron Consulting Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.25.

Insider Transactions at Huron Consulting Group

In other Huron Consulting Group news, Director Joy Brown sold 1,821 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $105.01, for a total transaction of $191,223.21. Following the completion of the sale, the director directly owned 8,575 shares in the company, valued at approximately $900,460.75. The trade was a 17.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ekta Singh-Bushell sold 443 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $118.44, for a total value of $52,468.92. Following the transaction, the director directly owned 13,646 shares in the company, valued at $1,616,232.24. The trade was a 3.14% 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. Insiders sold 2,862 shares of company stock worth $314,519 over the last three months. 2.07% of the stock is currently owned by company insiders.

Institutional Trading of Huron Consulting Group

Hedge funds have recently bought and sold shares of the company. Brown Brothers Harriman & Co. purchased a new position in Huron Consulting Group in the third quarter worth about $35,000. Advisory Services Network LLC bought a new position in shares of Huron Consulting Group in the 3rd quarter worth approximately $36,000. Kemnay Advisory Services Inc. bought a new position in shares of Huron Consulting Group in the 4th quarter worth approximately $39,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Huron Consulting Group by 682.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 313 shares of the business services provider’s stock worth $46,000 after buying an additional 273 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. purchased a new position in shares of Huron Consulting Group in the fourth quarter worth approximately $50,000. 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.