Huron Consulting Group Inc. (NASDAQ:HURN) Receives $145.50 Consensus Price Target from Analysts

Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) has earned an average recommendation of "Buy" from the five brokerages that are presently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a buy recommendation. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $151.75.

Several research firms have issued reports on HURN. Truist Financial reiterated a "buy" rating and set a $165.00 price objective (up from $140.00) on shares of Huron Consulting Group in a research note on Wednesday. Barrington Research raised their price target on Huron Consulting Group from $142.00 to $167.00 and gave the company an "outperform" rating in a report on Thursday. William Blair restated an "outperform" rating on shares of Huron Consulting Group in a report on Wednesday. Benchmark raised their target price on Huron Consulting Group from $140.00 to $165.00 and gave the stock a "buy" rating in a report on Wednesday. Finally, Wedbush began coverage on Huron Consulting Group in a report on Monday, February 3rd. They set an "outperform" rating on the stock.

Insider Transactions at Huron Consulting Group

In other news, Director H Eugene Lockhart sold 12,500 shares of the firm's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $150.00, for a total transaction of $1,875,000.00. Following the sale, the director now owns 12,172 shares of the company's stock, valued at $1,825,800. This trade represents a 50.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John Mccartney sold 500 shares of the firm's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total value of $62,325.00. Following the sale, the director now directly owns 56,688 shares in the company, valued at approximately $7,066,159.20. This represents a 0.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,084 shares of company stock valued at $2,942,539 over the last 90 days. 2.02% of the stock is owned by company insiders.

Institutional Investors Weigh In On Huron Consulting Group

Hedge funds have recently modified their holdings of the business. Heck Capital Advisors LLC acquired a new stake in Huron Consulting Group in the 4th quarter valued at approximately $33,000. Tower Research Capital LLC TRC raised its position in Huron Consulting Group by 27.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider's stock valued at $71,000 after buying an additional 122 shares during the last quarter. Assetmark Inc. raised its position in Huron Consulting Group by 7.0% in the 3rd quarter. Assetmark Inc. now owns 1,373 shares of the business services provider's stock valued at $149,000 after buying an additional 90 shares during the last quarter. Cibc World Markets Corp acquired a new stake in Huron Consulting Group in the 4th quarter valued at approximately $204,000. Finally, Xponance Inc. acquired a new stake in Huron Consulting Group in the 4th quarter valued at approximately $204,000. Institutional investors and hedge funds own 93.90% of the company's stock.

Huron Consulting Group Stock Performance

HURN traded up $2.88 on Wednesday, hitting $152.46. The company had a trading volume of 243,800 shares, compared to its average volume of 133,049. The company's fifty day moving average price is $127.53 and its 200 day moving average price is $118.24. Huron Consulting Group has a 1-year low of $84.26 and a 1-year high of $153.77. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The stock has a market cap of $2.70 billion, a price-to-earnings ratio of 33.14 and a beta of 0.59.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, topping analysts' consensus estimates of $1.52 by $0.38. The company had revenue of $399.31 million during the quarter, compared to analyst estimates of $380.62 million. Huron Consulting Group had a return on equity of 21.51% and a net margin of 5.80%. Equities analysts predict that Huron Consulting Group will post 6.1 earnings per share for the current fiscal 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.