Huron Consulting Group’s (HURN) Buy Rating Reiterated at Benchmark

Benchmark restated their buy rating on shares of Huron Consulting Group (NASDAQ:HURN) in a report published on Monday, Benzinga reports. The firm currently has a $140.00 price target on the business services provider’s stock.

Other equities analysts have also issued reports about the company. Truist Financial reiterated a buy rating and issued a $140.00 price objective on shares of Huron Consulting Group in a research note on Thursday, May 16th. Wedbush reaffirmed an outperform rating and issued a $110.00 price target on shares of Huron Consulting Group in a research report on Thursday, May 23rd. Finally, Barrington Research reissued an outperform rating and issued a $133.00 price objective on shares of Huron Consulting Group in a research report on Tuesday, May 28th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and an average target price of $130.75.

Huron Consulting Group Stock Down 1.6 %

HURN opened at $97.69 on Monday. The firm has a market cap of $1.76 billion, a P/E ratio of 28.15 and a beta of 0.61. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.40 and a current ratio of 2.40. The business has a 50 day moving average price of $91.91 and a 200 day moving average price of $96.98. Huron Consulting Group has a twelve month low of $77.99 and a twelve month high of $113.31.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings data on Tuesday, April 30th. The business services provider reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.35. The business had revenue of $355.96 million during the quarter, compared to analysts’ expectations of $348.80 million. Huron Consulting Group had a net margin of 4.67% and a return on equity of 19.21%. Huron Consulting Group’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.87 earnings per share. Research analysts forecast that Huron Consulting Group will post 5.83 EPS for the current year.

Insiders Place Their Bets

In other news, Director John Mccartney sold 300 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $89.00, for a total transaction of $26,700.00. Following the sale, the director now directly owns 57,988 shares in the company, valued at $5,160,932. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last quarter, insiders sold 2,159 shares of company stock worth $203,549. 2.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Huron Consulting Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Principal Securities Inc. acquired a new stake in shares of Huron Consulting Group during the 4th quarter valued at about $25,000. Covestor Ltd boosted its holdings in Huron Consulting Group by 26,500.0% during the first quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 265 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of Huron Consulting Group in the 4th quarter valued at approximately $42,000. Quest Partners LLC acquired a new position in shares of Huron Consulting Group in the 4th quarter worth approximately $97,000. Finally, Headlands Technologies LLC lifted its position in shares of Huron Consulting Group by 2,020.0% during the 4th quarter. Headlands Technologies LLC now owns 954 shares of the business services provider’s stock worth $98,000 after buying an additional 909 shares during the period. 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.