Huron Consulting Group (NASDAQ:HURN) Issues Quarterly Earnings Results

Huron Consulting Group (NASDAQ:HURN) released its quarterly earnings data on Tuesday. The business services provider reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.38, Zacks reports. The firm 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%. Huron Consulting Group updated its FY 2025 guidance to 6.800-7.600 EPS.

Huron Consulting Group Stock Performance

Huron Consulting Group stock opened at $125.33 on Wednesday. The stock has a market cap of $2.22 billion, a PE ratio of 27.25 and a beta of 0.59. The company has a quick ratio of 1.61, a current 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 $133.96. The business’s 50-day moving average price is $125.75 and its two-hundred day moving average price is $117.37.

Insider Activity

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Barrington Research boosted their price objective on Huron Consulting Group from $137.00 to $142.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. StockNews.com raised Huron Consulting Group from a “hold” rating to a “buy” rating in a report on Thursday, October 31st. Wedbush assumed coverage on shares of Huron Consulting Group in a research report on Monday, February 3rd. They set an “outperform” rating for the company. Finally, Benchmark restated a “buy” rating and issued a $140.00 target price on shares of Huron Consulting Group in a research report on Wednesday, October 30th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $133.00.

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.