Huron Consulting Group (NASDAQ:HURN) Rating Lowered to Hold at Wall Street Zen

Huron Consulting Group (NASDAQ:HURN) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Other analysts have also recently issued research reports about the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Huron Consulting Group in a research report on Thursday, January 22nd. Wedbush upped their target price on Huron Consulting Group from $165.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Benchmark lifted their price target on Huron Consulting Group from $180.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, December 24th. Finally, Barrington Research boosted their price objective on Huron Consulting Group from $190.00 to $207.00 and gave the company an “outperform” rating in a research note on Monday, January 5th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $215.50.

Huron Consulting Group Price Performance

Shares of NASDAQ:HURN opened at $122.64 on Friday. The firm has a 50 day simple moving average of $144.75 and a 200-day simple moving average of $156.51. Huron Consulting Group has a twelve month low of $116.12 and a twelve month high of $186.77. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $2.03 billion, a PE ratio of 20.96 and a beta of 0.13.

Huron Consulting Group (NASDAQ:HURN) last posted its earnings results on Tuesday, February 24th. The business services provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.23. Huron Consulting Group had a net margin of 6.18% and a return on equity of 28.20%. The firm had revenue of $441.96 million for the quarter, compared to the consensus estimate of $433.57 million. During the same period last year, the firm posted $1.90 EPS. The company’s revenue was up 10.7% on a year-over-year basis. Huron Consulting Group has set its FY 2026 guidance at 8.350-9.150 EPS. On average, equities analysts predict 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 Huron Consulting Group stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $168.77, for a total value of $84,385.00. Following the sale, the director owned 41,817 shares of the company’s stock, valued at $7,057,455.09. The trade was a 1.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Debra Zumwalt sold 170 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $170.89, for a total transaction of $29,051.30. Following the transaction, the director owned 26,469 shares in the company, valued at approximately $4,523,287.41. This trade represents a 0.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 796 shares of company stock valued at $134,968. 2.07% of the stock is owned by insiders.

Institutional Investors Weigh In On Huron Consulting Group

Hedge funds have recently added to or reduced their stakes in the company. Richardson Financial Services Inc. increased its position in Huron Consulting Group by 68.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 195 shares of the business services provider’s stock worth $29,000 after purchasing an additional 79 shares during the period. Maseco LLP acquired a new stake in shares of Huron Consulting Group in the 4th quarter valued at approximately $29,000. Clearstead Advisors LLC lifted its holdings in shares of Huron Consulting Group by 86.2% in the 3rd quarter. Clearstead Advisors LLC now owns 203 shares of the business services provider’s stock valued at $30,000 after buying an additional 94 shares during the period. Strs Ohio purchased a new stake in shares of Huron Consulting Group in the fourth quarter valued at approximately $35,000. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of Huron Consulting Group in the third quarter valued at approximately $35,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

About Huron Consulting Group

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.