Huron Consulting Group (NASDAQ:HURN) Price Target Raised to $167.00

Huron Consulting Group (NASDAQ:HURN) had its target price boosted by Barrington Research from $142.00 to $167.00 in a research note published on Thursday morning,Benzinga reports. They currently have an outperform rating on the business services provider’s stock. 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.

A number of other brokerages have also weighed in on HURN. Truist Financial reaffirmed a “buy” rating and set a $165.00 target price (up previously from $140.00) on shares of Huron Consulting Group in a research note on Wednesday. William Blair reaffirmed an “outperform” rating on shares of Huron Consulting Group in a research note on Wednesday. StockNews.com raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Benchmark boosted their price objective 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. Finally, Wedbush started coverage on shares of Huron Consulting Group in a research note on Monday, February 3rd. They set an “outperform” rating on the stock. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, Huron Consulting Group presently has a consensus rating of “Buy” and a consensus price target of $151.75.

Huron Consulting Group Price Performance

HURN stock opened at $152.46 on Thursday. The firm’s 50-day moving average price is $127.53 and its two-hundred day moving average price is $118.15. The stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of 33.14 and a beta of 0.59. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.82. Huron Consulting Group has a 12-month low of $84.26 and a 12-month high of $153.77.

Huron Consulting Group (NASDAQ:HURN) last announced its earnings results on Tuesday, February 25th. The business services provider reported $1.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. The firm had revenue of $399.31 million for the quarter, compared to analyst estimates of $380.62 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. As a group, equities analysts predict that Huron Consulting Group will post 6.1 earnings per share for the current year.

Insider Buying and Selling

In other news, Director H Eugene Lockhart sold 12,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $150.00, for a total value of $1,875,000.00. Following the transaction, the director now owns 12,172 shares in the company, valued at approximately $1,825,800. This represents a 50.66 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director James H. Roth sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $123.69, for a total transaction of $247,380.00. Following the completion of the transaction, the director now owns 50,534 shares in the company, valued at approximately $6,250,550.46. This represents a 3.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,084 shares of company stock valued at $2,942,539 over the last quarter. Corporate insiders own 2.02% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Heck Capital Advisors LLC bought a new position in shares of Huron Consulting Group in the fourth quarter worth approximately $33,000. Tower Research Capital LLC TRC lifted its stake in shares of Huron Consulting Group by 27.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 569 shares of the business services provider’s stock worth $71,000 after buying an additional 122 shares in the last quarter. Assetmark Inc. raised its holdings in shares of Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 90 shares during the last quarter. Xponance Inc. purchased a new position in shares of Huron Consulting Group during the fourth quarter valued at approximately $204,000. Finally, Cibc World Markets Corp purchased a new position in shares of Huron Consulting Group during the fourth quarter valued at approximately $204,000. Institutional investors own 93.90% of the company’s stock.

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.