Huron Consulting Group Inc. (NASDAQ:HURN) Receives $169.25 Consensus Target Price from Analysts

Shares of Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) have been given a consensus rating of "Buy" by the five ratings firms that are presently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a buy rating. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $169.25.

HURN has been the subject of a number of research analyst reports. Truist Financial upped their price objective on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Benchmark reaffirmed a "buy" rating and issued a $165.00 price target on shares of Huron Consulting Group in a report on Wednesday, March 26th. Wedbush lifted their price objective on Huron Consulting Group from $150.00 to $165.00 and gave the stock an "outperform" rating in a report on Wednesday, March 26th. Barrington Research restated an "outperform" rating and set a $167.00 price objective on shares of Huron Consulting Group in a research report on Thursday, March 27th. Finally, William Blair reaffirmed an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, March 26th.

Insider Transactions at Huron Consulting Group

In related news, Director H Eugene Lockhart sold 1,042 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $125.15, for a total transaction of $130,406.30. Following the completion of the sale, the director now owns 24,672 shares in the company, valued at $3,087,700.80. This trade represents a 4.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $151.13, for a total transaction of $75,565.00. Following the transaction, the director now directly owns 55,688 shares of the company's stock, valued at $8,416,127.44. This represents a 0.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 78,781 shares of company stock valued at $11,484,452. Corporate insiders own 2.15% of the company's stock.

Institutional Investors Weigh In On Huron Consulting Group

Large investors have recently bought and sold shares of the business. Advisor Resource Council bought a new stake in shares of Huron Consulting Group during the first quarter worth $986,000. Sowell Financial Services LLC bought a new stake in Huron Consulting Group during the 1st quarter worth about $203,000. Opal Wealth Advisors LLC acquired a new stake in Huron Consulting Group in the 1st quarter valued at about $35,000. USA Financial Formulas bought a new position in shares of Huron Consulting Group in the first quarter worth about $114,000. Finally, Assenagon Asset Management S.A. lifted its position in shares of Huron Consulting Group by 27.4% during the first quarter. Assenagon Asset Management S.A. now owns 177,449 shares of the business services provider's stock worth $25,455,000 after purchasing an additional 38,163 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors.

Huron Consulting Group Stock Performance

Shares of Huron Consulting Group stock traded down $2.75 during trading on Thursday, reaching $135.38. The company's stock had a trading volume of 288,708 shares, compared to its average volume of 145,338. The business's fifty day moving average price is $141.52 and its 200-day moving average price is $128.07. Huron Consulting Group has a one year low of $84.26 and a one year high of $153.85. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of 29.43 and a beta of 0.37. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.38. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. The company had revenue of $399.31 million during the quarter, compared to analysts' expectations of $380.62 million. As a group, equities research analysts predict that Huron Consulting Group will post 6.1 earnings per share for the current year.

Huron Consulting Group Company Profile

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children's and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.