Huron Consulting Group (NASDAQ:HURN) Shares Climb 6.3% – What’s Next?

Huron Consulting Group Inc. (NASDAQ:HURN)’s stock price traded up 6.3% during mid-day trading on Thursday. The stock traded as high as $165.35 and last traded at $166.4620. 125,911 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 284,221 shares. The stock had previously closed at $156.61.

Wall Street Analysts Forecast Growth

HURN has been the subject of a number of research reports. Wall Street Zen upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Weiss Ratings raised Huron Consulting Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, September 3rd. Barrington Research reiterated an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday, June 17th. Finally, Zacks Research downgraded Huron Consulting Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $184.25.

Huron Consulting Group Price Performance

The company has a market cap of $2.68 billion, a price-to-earnings ratio of 25.22 and a beta of 0.09. The company has a 50-day simple moving average of $156.02 and a 200-day simple moving average of $128.93. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.71 and a current ratio of 1.71.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, July 28th. The business services provider reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.29. Huron Consulting Group had a net margin of 6.38% and a return on equity of 32.33%. The company had revenue of $475.04 million for the quarter, compared to analyst estimates of $448.98 million. During the same period in the prior year, the business posted $1.89 earnings per share. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. As a group, research analysts predict that Huron Consulting Group Inc. will post 9.18 earnings per share for the current year.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, CEO C. Hussey sold 24,072 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $165.59, for a total transaction of $3,986,082.48. Following the sale, the chief executive officer owned 74,399 shares in the company, valued at approximately $12,319,730.41. This represents a 24.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Featherstone sold 459 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $152.67, for a total value of $70,075.53. Following the transaction, the insider directly owned 1,050 shares of the company’s stock, valued at $160,303.50. The trade was a 30.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 24,613 shares of company stock worth $4,069,914 over the last quarter. Company insiders own 2.07% of the company’s stock.

Institutional Trading of Huron Consulting Group

Large investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd raised its stake in Huron Consulting Group by 11,900.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 240 shares of the business services provider’s stock valued at $41,000 after purchasing an additional 238 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Huron Consulting Group in the second quarter valued at approximately $75,000. Nykredit A S purchased a new position in shares of Huron Consulting Group during the second quarter valued at approximately $111,000. Global Retirement Partners LLC purchased a new position in shares of Huron Consulting Group during the second quarter valued at approximately $120,000. Finally, Fifth Third Bancorp acquired a new stake in Huron Consulting Group during the first quarter worth approximately $122,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

About Huron Consulting Group

Huron Consulting Group Inc (NASDAQ:HURN) is a global professional services company that helps organizations improve performance, manage change and address complex business challenges. Founded in 2002 and headquartered in Chicago, Illinois, the company serves clients in the healthcare, education and commercial sectors.

Huron’s services include strategy and operations consulting, digital transformation, technology implementation, data and analytics, financial and performance improvement, and managed services.