William Blair Issues Optimistic Forecast for HURN Earnings

Huron Consulting Group Inc. (NASDAQ:HURN - Free Report) - William Blair upped their Q1 2025 earnings per share estimates for shares of Huron Consulting Group in a research note issued to investors on Wednesday, February 26th. William Blair analyst A. Nicholas now expects that the business services provider will earn $1.17 per share for the quarter, up from their prior estimate of $1.14. William Blair has a "Outperform" rating on the stock. The consensus estimate for Huron Consulting Group's current full-year earnings is $6.10 per share. William Blair also issued estimates for Huron Consulting Group's Q2 2025 earnings at $1.83 EPS, Q4 2025 earnings at $1.99 EPS, FY2025 earnings at $7.09 EPS, Q2 2026 earnings at $2.08 EPS, Q3 2026 earnings at $2.34 EPS and FY2026 earnings at $8.00 EPS.

Huron Consulting Group (NASDAQ:HURN - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, topping analysts' consensus estimates 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.

A number of other equities analysts have also recently commented on the company. Barrington Research increased their target price on Huron Consulting Group from $142.00 to $167.00 and gave the company an "outperform" rating in a report on Thursday. Benchmark increased their target price on Huron Consulting Group from $140.00 to $165.00 and gave the company a "buy" rating in a report on Wednesday. Wedbush began coverage on Huron Consulting Group in a report on Monday, February 3rd. They set an "outperform" rating for the company. Finally, Truist Financial reissued a "buy" rating and set a $165.00 target price (up previously from $140.00) on shares of Huron Consulting Group in a report on Wednesday. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and an average price target of $151.75.

Huron Consulting Group Price Performance

Shares of Huron Consulting Group stock traded up $2.88 during mid-day trading on Thursday, reaching $152.46. 243,800 shares of the stock traded hands, compared to its average volume of 133,049. The business has a 50-day moving average of $127.53 and a 200 day moving average of $118.24. Huron Consulting Group has a fifty-two week low of $84.26 and a fifty-two week high of $153.77. The stock has a market capitalization of $2.70 billion, a PE ratio of 33.14 and a beta of 0.59. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Jennison Associates LLC grew its position in Huron Consulting Group by 4.8% in the fourth quarter. Jennison Associates LLC now owns 601,335 shares of the business services provider's stock worth $74,722,000 after acquiring an additional 27,329 shares during the period. Wellington Management Group LLP grew its position in Huron Consulting Group by 0.9% in the fourth quarter. Wellington Management Group LLP now owns 543,236 shares of the business services provider's stock worth $67,503,000 after acquiring an additional 4,946 shares during the period. Sunriver Management LLC grew its position in Huron Consulting Group by 10.7% in the fourth quarter. Sunriver Management LLC now owns 486,597 shares of the business services provider's stock worth $60,465,000 after acquiring an additional 46,968 shares during the period. Franklin Resources Inc. grew its position in Huron Consulting Group by 16.4% in the fourth quarter. Franklin Resources Inc. now owns 460,650 shares of the business services provider's stock worth $57,240,000 after acquiring an additional 64,862 shares during the period. Finally, State Street Corp grew its position in Huron Consulting Group by 2.1% in the third quarter. State Street Corp now owns 445,694 shares of the business services provider's stock worth $48,447,000 after acquiring an additional 8,972 shares during the period. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director James H. Roth sold 2,000 shares of the company's stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $123.70, for a total value of $247,400.00. Following the completion of the sale, the director now directly owns 52,825 shares in the company, valued at $6,534,452.50. This represents a 3.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John Mccartney sold 500 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total value of $62,325.00. Following the completion of the transaction, the director now owns 56,688 shares of the company's stock, valued at $7,066,159.20. The trade was a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,084 shares of company stock worth $2,942,539 over the last ninety days. Corporate insiders own 2.02% 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.