Key Points
- Insider sale: Director Ekta Singh-Bushell sold 126 Huron shares on Jan 5 at an average $170.89 ( ~$21,532) and previously sold 1,000 shares on Dec 12 at $178.55, leaving her with 14,215 shares (a 0.88% ownership decrease).
- Strong quarter and guidance: Huron beat Q results with $2.10 EPS (vs. $1.86 expected) and revenue up 16.7% to $441.3M, and set FY2025 guidance of $7.60–$7.70 EPS.
- Analyst sentiment: Wall Street consensus is a "Buy" with an average price target of $206.75 and several firms have recently raised price targets (Truist to $240 among them).
Huron Consulting Group Inc. (NASDAQ:HURN - Get Free Report) Director Ekta Singh-Bushell sold 126 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 value of $21,532.14. Following the transaction, the director owned 14,215 shares of the company's stock, valued at $2,429,201.35. The trade was a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Ekta Singh-Bushell also recently made the following trade(s):
- On Friday, December 12th, Ekta Singh-Bushell sold 1,000 shares of Huron Consulting Group stock. The shares were sold at an average price of $178.55, for a total transaction of $178,550.00.
Huron Consulting Group Stock Up 0.7%
Shares of NASDAQ HURN opened at $179.20 on Thursday. Huron Consulting Group Inc. has a 52-week low of $120.25 and a 52-week high of $182.71. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.44 and a current ratio of 1.44. The stock has a market cap of $3.09 billion, a P/E ratio of 30.02 and a beta of 0.11. The firm has a 50 day moving average price of $170.66 and a 200 day moving average price of $150.48.
Huron Consulting Group (NASDAQ:HURN - Get Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The business services provider reported $2.10 earnings per share for the quarter, topping analysts' consensus estimates of $1.86 by $0.24. Huron Consulting Group had a net margin of 6.54% and a return on equity of 27.06%. The company had revenue of $441.28 million for the quarter, compared to analysts' expectations of $418.13 million. During the same period last year, the firm posted $1.68 earnings per share. The business's quarterly revenue was up 16.7% compared to the same quarter last year. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. Analysts expect that Huron Consulting Group Inc. will post 6.1 EPS for the current year.
Hedge Funds Weigh In On Huron Consulting Group
Hedge funds have recently made changes to their positions in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Huron Consulting Group by 149.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,199,574 shares of the business services provider's stock valued at $172,079,000 after purchasing an additional 719,199 shares during the last quarter. BloombergSen Inc. acquired a new position in Huron Consulting Group during the second quarter worth $32,157,000. SG Capital Management LLC grew its position in Huron Consulting Group by 131.8% in the third quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider's stock valued at $36,764,000 after purchasing an additional 142,448 shares in the last quarter. Franklin Resources Inc. increased its stake in Huron Consulting Group by 27.5% in the 2nd quarter. Franklin Resources Inc. now owns 610,908 shares of the business services provider's stock valued at $84,024,000 after buying an additional 131,620 shares during the last quarter. Finally, Boston Partners increased its stake in Huron Consulting Group by 17.0% in the 3rd quarter. Boston Partners now owns 888,045 shares of the business services provider's stock valued at $130,803,000 after buying an additional 129,073 shares during the last quarter. 93.90% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on HURN. Truist Financial lifted their price objective on Huron Consulting Group from $180.00 to $240.00 and gave the company a "buy" rating in a report on Friday, November 14th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Huron Consulting Group from a "hold" rating to a "buy" rating in a report on Saturday, November 1st. Barrington Research raised their price objective on shares of Huron Consulting Group from $190.00 to $207.00 and gave the stock an "outperform" rating in a report on Monday. Finally, Benchmark boosted their price objective on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a "buy" rating in a research report on Wednesday, December 24th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $206.75.
Check Out Our Latest Analysis on Huron Consulting Group
Huron Consulting Group Company Profile
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
