Huron Consulting Group (NASDAQ:HURN) Price Target Increased to $137.00 by Analysts at Barrington Research

Huron Consulting Group (NASDAQ:HURN) had its price target boosted by Barrington Research from $133.00 to $137.00 in a research report released on Monday, Marketbeat Ratings reports. Barrington Research currently has an outperform rating on the business services provider’s stock. Barrington Research also issued estimates for Huron Consulting Group’s Q3 2024 earnings at $1.48 EPS, Q4 2024 earnings at $1.50 EPS, FY2024 earnings at $5.87 EPS and FY2025 earnings at $6.84 EPS.

Several other brokerages have also recently commented on HURN. 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. StockNews.com upgraded Huron Consulting Group from a sell rating to a hold rating in a research report on Saturday, August 3rd. Wedbush reiterated an outperform rating and issued a $110.00 price target on shares of Huron Consulting Group in a report on Thursday, May 23rd. Finally, Benchmark reaffirmed a buy rating and set a $140.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, July 31st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of Moderate Buy and an average target price of $131.75.

Huron Consulting Group Stock Up 0.9 %

Shares of Huron Consulting Group stock opened at $103.12 on Monday. The company has a market cap of $1.86 billion, a P/E ratio of 29.72 and a beta of 0.61. The firm has a fifty day moving average of $101.13 and a two-hundred day moving average of $97.69. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.40 and a current ratio of 1.93. Huron Consulting Group has a one year low of $84.26 and a one year high of $115.65.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, July 30th. The business services provider reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.20. Huron Consulting Group had a net margin of 5.46% and a return on equity of 20.44%. The firm had revenue of $371.70 million during the quarter, compared to the consensus estimate of $374.33 million. During the same quarter last year, the firm earned $1.38 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. On average, analysts forecast that Huron Consulting Group will post 5.94 earnings per share for the current year.

Insider Buying and Selling at Huron Consulting Group

In other news, insider Kyle Featherstone sold 820 shares of the business’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $108.07, for a total transaction of $88,617.40. Following the transaction, the insider now directly owns 1,565 shares of the company’s stock, valued at $169,129.55. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Director John Mccartney sold 300 shares of the stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $89.00, for a total value of $26,700.00. Following the completion of the transaction, the director now owns 57,988 shares of the company’s stock, valued at $5,160,932. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kyle Featherstone sold 820 shares of Huron Consulting Group stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $108.07, for a total value of $88,617.40. Following the sale, the insider now owns 1,565 shares in the company, valued at $169,129.55. The disclosure for this sale can be found here. Insiders have sold 39,692 shares of company stock valued at $4,002,188 over the last three months. 2.02% of the stock is owned by company insiders.

Institutional Trading of Huron Consulting Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Principal Securities Inc. acquired a new position in Huron Consulting Group during the 4th quarter worth $25,000. Covestor Ltd lifted its position in shares of Huron Consulting Group by 26,500.0% during the first quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock worth $26,000 after purchasing an additional 265 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Huron Consulting Group during the second quarter worth about $28,000. International Assets Investment Management LLC acquired a new position in Huron Consulting Group in the fourth quarter worth about $42,000. Finally, Quest Partners LLC bought a new stake in Huron Consulting Group in the fourth quarter valued at about $97,000. 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.