Huron Consulting Group (NASDAQ:HURN) Stock Price Expected to Rise, Barrington Research Analyst Says

Huron Consulting Group (NASDAQ:HURN - Get Free Report) had its target price raised by equities researchers at Barrington Research from $142.00 to $167.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an "outperform" rating on the business services provider's stock. Barrington Research's price objective would indicate a potential upside of 12.52% from the stock's previous close. Barrington Research also issued estimates for Huron Consulting Group's Q1 2025 earnings at $1.14 EPS, Q2 2025 earnings at $1.82 EPS, Q3 2025 earnings at $1.95 EPS, Q4 2025 earnings at $2.10 EPS, FY2025 earnings at $7.00 EPS and FY2026 earnings at $8.03 EPS.

Several other equities analysts have also weighed in on the company. Wedbush initiated coverage on Huron Consulting Group in a report on Monday, February 3rd. They set an "outperform" rating for the company. StockNews.com upgraded Huron Consulting Group from a "hold" rating to a "buy" rating in a research note on Thursday, October 31st. Truist Financial restated a "buy" rating and issued a $165.00 price objective (up from $140.00) on shares of Huron Consulting Group in a research note on Wednesday, February 26th. William Blair reiterated an "outperform" rating on shares of Huron Consulting Group in a research report on Wednesday, February 26th. Finally, Benchmark lifted their target price on shares of Huron Consulting Group from $140.00 to $165.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Huron Consulting Group currently has an average rating of "Buy" and a consensus price target of $151.75.

Huron Consulting Group Stock Down 2.6 %

Huron Consulting Group stock traded down $4.04 during midday trading on Thursday, hitting $148.42. 272,422 shares of the stock were exchanged, compared to its average volume of 136,535. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $2.62 billion, a price-to-earnings ratio of 32.27 and a beta of 0.59. Huron Consulting Group has a 52-week low of $84.26 and a 52-week high of $153.85. The business's 50-day moving average price is $127.53 and its 200-day moving average price is $118.35.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.38. The firm 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%. On average, research analysts expect that Huron Consulting Group will post 6.1 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director John Mccartney sold 500 shares of the firm's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $124.65, for a total transaction of $62,325.00. Following the sale, the director now owns 56,688 shares in the company, valued at approximately $7,066,159.20. This trade represents a 0.87 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total value of $247,380.00. Following the sale, the director now directly owns 50,534 shares of the company's stock, valued at approximately $6,250,550.46. This trade represents a 3.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 20,042 shares of company stock worth $2,814,571 in the last quarter. 2.02% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wellington Management Group LLP grew its position in Huron Consulting Group by 29.1% during the 3rd quarter. Wellington Management Group LLP now owns 538,290 shares of the business services provider's stock worth $58,512,000 after acquiring an additional 121,371 shares during the last quarter. TI Trust Inc. bought a new stake in shares of Huron Consulting Group during the 4th quarter valued at $12,197,000. Franklin Resources Inc. grew its holdings in Huron Consulting Group by 20.5% in the third quarter. Franklin Resources Inc. now owns 395,788 shares of the business services provider's stock worth $42,306,000 after purchasing an additional 67,239 shares during the period. Norges Bank purchased a new stake in shares of Huron Consulting Group in the 4th quarter worth approximately $7,427,000. Finally, Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Huron Consulting Group in the third quarter worth $6,336,000. 93.90% of the stock is currently owned by institutional investors.

About Huron Consulting Group

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.