Huron Consulting Group (NASDAQ:HURN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Huron Consulting Group (NASDAQ:HURN) from a hold rating to a buy rating in a research report report published on Saturday morning.

Several other equities research analysts also recently issued reports on the company. Zacks Research upgraded Huron Consulting Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 29th. Weiss Ratings cut Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Truist Financial decreased their price target on Huron Consulting Group to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, June 9th. Barrington Research reissued an “outperform” rating on shares of Huron Consulting Group in a report on Wednesday, June 17th. Finally, Wedbush reissued an “outperform” rating and issued a $160.00 price target on shares of Huron Consulting Group in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $184.25.

Huron Consulting Group Stock Performance

NASDAQ HURN opened at $149.96 on Friday. The company’s 50 day moving average is $109.48 and its 200-day moving average is $126.86. Huron Consulting Group has a 12-month low of $84.88 and a 12-month high of $186.77. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 2.11. The firm has a market cap of $2.39 billion, a P/E ratio of 22.45 and a beta of 0.06.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.46 EPS 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 during the quarter, compared to the consensus estimate of $448.98 million. During the same period last year, the firm earned $1.89 EPS. Huron Consulting Group’s revenue for the quarter was up 15.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 9.000-9.400 EPS. Sell-side analysts predict that Huron Consulting Group will post 9.23 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Debra Zumwalt sold 598 shares of the stock in a transaction on 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 owned 27,201 shares in the company, valued at approximately $3,221,686.44. This trade represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO C. Mark Hussey sold 24,072 shares of Huron Consulting Group stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $165.59, for a total value of $3,986,082.48. Following the sale, the chief executive officer directly owned 74,399 shares of the company’s stock, valued at $12,319,730.41. This represents a 24.45% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 27,393 shares of company stock valued at $4,370,677 in the last ninety days. 2.07% of the stock is owned by insiders.

Institutional Trading of Huron Consulting Group

A number of large investors have recently modified their holdings of HURN. Principal Financial Group Inc. increased its stake in Huron Consulting Group by 51.8% in the fourth quarter. Principal Financial Group Inc. now owns 476,863 shares of the business services provider’s stock valued at $82,454,000 after acquiring an additional 162,706 shares during the last quarter. Legato Capital Management LLC bought a new stake in Huron Consulting Group during the fourth quarter worth about $2,175,000. Oak Ridge Investments LLC bought a new stake in Huron Consulting Group during the fourth quarter worth about $2,432,000. AEGON ASSET MANAGEMENT UK Plc purchased a new position in shares of Huron Consulting Group in the 4th quarter worth about $2,054,000. Finally, Fiduciary Management Inc. WI purchased a new position in shares of Huron Consulting Group in the 4th quarter worth about $90,661,000. Institutional investors own 93.90% of the company’s stock.

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.