Huron Consulting Group (NASDAQ:HURN) Issues FY 2025 Earnings Guidance

Huron Consulting Group (NASDAQ:HURN) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 6.800-7.600 for the period, compared to the consensus earnings per share estimate of 6.950. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion.

Huron Consulting Group Price Performance

Shares of HURN stock traded up $20.50 during trading hours on Wednesday, reaching $145.83. 360,598 shares of the company were exchanged, compared to its average volume of 116,878. Huron Consulting Group has a fifty-two week low of $84.26 and a fifty-two week high of $153.77. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.61. The stock’s fifty day moving average is $125.75 and its two-hundred day moving average is $117.37. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 31.79 and a beta of 0.59.

Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.38. The business had revenue of $399.31 million during the quarter, compared to analysts’ expectations of $380.62 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. Sell-side analysts forecast that Huron Consulting Group will post 6.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on HURN. Benchmark raised their price objective on Huron Consulting Group from $140.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday. Wedbush started coverage on shares of Huron Consulting Group in a report on Monday, February 3rd. They set an “outperform” rating on the stock. Truist Financial restated a “buy” rating and set a $165.00 price target (up previously from $140.00) on shares of Huron Consulting Group in a report on Wednesday. Barrington Research increased their price target on Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Finally, StockNews.com upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $145.50.

Insider Activity at Huron Consulting Group

In related news, Director John Mccartney sold 500 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $124.65, for a total transaction of $62,325.00. Following the completion of the transaction, the director now owns 56,688 shares in the company, valued at $7,066,159.20. The trade was a 0.87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James H. Roth sold 2,000 shares of Huron Consulting Group stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $123.70, for a total value of $247,400.00. Following the completion of the sale, the director now owns 52,825 shares of the company’s stock, valued at $6,534,452.50. The trade was a 3.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,584 shares of company stock worth $1,067,539 over the last quarter. Company insiders own 2.02% 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.