Huron Consulting Group Inc. (NASDAQ:HURN) Receives Consensus Recommendation of "Buy" from Brokerages

Shares of Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) have been assigned an average recommendation of "Buy" from the five ratings firms that are presently covering the company, Marketbeat reports. Five analysts have rated the stock with a buy rating. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $169.25.

A number of analysts recently weighed in on HURN shares. Benchmark reissued a "buy" rating and issued a $165.00 price target on shares of Huron Consulting Group in a report on Wednesday. Truist Financial upped their price target on shares of Huron Consulting Group from $165.00 to $180.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. William Blair reaffirmed an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday. Barrington Research increased their price objective on Huron Consulting Group from $142.00 to $167.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. Finally, Wedbush lifted their price target on Huron Consulting Group from $150.00 to $165.00 and gave the stock an "outperform" rating in a report on Wednesday.

Huron Consulting Group Stock Performance

HURN traded down $2.49 during trading hours on Friday, hitting $142.51. The company's stock had a trading volume of 327,087 shares, compared to its average volume of 125,180. The firm has a market capitalization of $2.52 billion, a PE ratio of 30.98 and a beta of 0.53. The company has a 50-day simple moving average of $135.24 and a 200 day simple moving average of $123.06. Huron Consulting Group has a fifty-two week low of $84.26 and a fifty-two week high of $153.85. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82.

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Huron Consulting Group (NASDAQ:HURN - Get Free Report) last issued its earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.38. The company had revenue of $399.31 million for 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%. As a group, sell-side analysts expect that Huron Consulting Group will post 6.1 EPS for the current year.

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, Director John Mccartney sold 500 shares of Huron Consulting Group stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total transaction of $62,325.00. Following the sale, the director now directly owns 56,688 shares of the company's stock, valued at approximately $7,066,159.20. The trade was a 0.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group 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 transaction, the director now directly owns 24,672 shares of the company's stock, valued at approximately $3,087,700.80. This trade represents a 4.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 72,140 shares of company stock valued at $10,492,517 over the last three months. 2.02% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Heck Capital Advisors LLC purchased a new position in Huron Consulting Group during the fourth quarter valued at approximately $33,000. Tower Research Capital LLC TRC lifted its stake in shares of Huron Consulting Group by 27.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider's stock worth $71,000 after acquiring an additional 122 shares during the last quarter. Cibc World Markets Corp bought a new stake in Huron Consulting Group during the 4th quarter valued at about $204,000. Xponance Inc. purchased a new stake in shares of Huron Consulting Group in the 4th quarter worth $204,000. Finally, Two Sigma Securities LLC purchased a new position in Huron Consulting Group during the 4th quarter valued at about $209,000. Institutional investors own 93.90% of the company's stock.

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.