Huron Consulting Group (NASDAQ:HURN) Price Target Raised to $142.00

Huron Consulting Group (NASDAQ:HURN) had its price objective upped by Barrington Research from $137.00 to $142.00 in a research note published on Monday, 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 FY2024 earnings at $6.10 EPS and FY2025 earnings at $6.91 EPS.

HURN has been the subject of a number of other reports. Benchmark reissued a “buy” rating and issued a $140.00 price objective on shares of Huron Consulting Group in a research note on Wednesday, October 30th. StockNews.com raised shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $133.00.

Huron Consulting Group Trading Up 6.5 %

Shares of NASDAQ HURN opened at $128.13 on Monday. The firm’s 50 day moving average price is $108.52 and its 200-day moving average price is $101.55. The company has a market cap of $2.27 billion, a PE ratio of 27.85 and a beta of 0.60. Huron Consulting Group has a 52-week low of $84.26 and a 52-week high of $131.06. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, October 29th. The business services provider reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.11. The firm had revenue of $370.00 million for the quarter, compared to the consensus estimate of $377.63 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The business’s revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.39 earnings per share. On average, equities research analysts expect that Huron Consulting Group will post 6.11 EPS for the current fiscal year.

Insider Activity

In related news, Director H Eugene Lockhart sold 1,042 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $109.48, for a total transaction of $114,078.16. Following the completion of the transaction, the director now owns 29,882 shares in the company, valued at $3,271,481.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, Director H Eugene Lockhart sold 1,042 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $109.48, for a total transaction of $114,078.16. Following the completion of the transaction, the director now owns 29,882 shares in the company, valued at $3,271,481.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO C. Mark Hussey sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $103.13, for a total transaction of $412,520.00. Following the transaction, the chief executive officer now owns 81,081 shares of the company’s stock, valued at approximately $8,361,883.53. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,348 shares of company stock worth $783,392. 2.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Huron Consulting Group

Several large investors have recently bought and sold shares of the stock. Covestor Ltd boosted its holdings in shares of Huron Consulting Group by 26,500.0% in the 1st quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 265 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in Huron Consulting Group during the second quarter worth $28,000. Assetmark Inc. raised its position in Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock worth $149,000 after acquiring an additional 90 shares during the period. Daiwa Securities Group Inc. raised its position in Huron Consulting Group by 800.0% during the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the business services provider’s stock worth $174,000 after acquiring an additional 1,600 shares during the period. Finally, Dakota Wealth Management acquired a new position in Huron Consulting Group during the second quarter worth $219,000. Hedge funds and other 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.