Huron Consulting Group Inc. (NASDAQ:HURN) shares traded -7.97% lower at $69.90 on Wall Street last session.
In accordance with the data, 4 analysts cover Huron Consulting Group Inc. (NASDAQ:HURN). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $90.00 and a low of $85.00, we find $89.00. Given the previous closing price of $75.95, this indicates a potential upside of 17.18 percent. HURN stock price is now 0.43% away from the 50-day moving average and 17.57% away from the 200-day moving average. The market capitalization of the company currently stands at $1.51B.
It has been rated a hold by 0 analysts and a buy by 4. Brokers who have rated the stock have averaged $88.00 as their price target over the next twelve months.
With the price target maintained at $64, The Benchmark Company recently Upgraded its rating from Hold to Buy for Huron Consulting Group Inc. (NASDAQ: HURN)., while ‘Barrington Research’ rates the stock as ‘Outperform’.
In other news, Zumwalt Debra, Director sold 282 shares of the company’s stock on Oct 04. The stock was sold for $19,148 at an average price of $67.90. Upon completion of the transaction, the Director now directly owns 24,206 shares in the company, valued at $1.69 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 06, CEO Roth James H sold 16,000 shares of the business’s stock. A total of $1,047,824 was realized by selling the stock at an average price of $65.49. This leaves the insider owning 97,230 shares of the company worth $6.8 million. Insiders disposed of 112,685 shares of company stock worth roughly $7.88 million over the past 1 year. A total of 1.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in HURN stock. A new stake in Huron Consulting Group Inc. shares was purchased by LOOMIS SAYLES & CO L P during the first quarter worth $20,853,000. MESIROW INSTITUTIONAL INVESTMENT MANAGEMENT, INC. invested $11,730,000 in shares of HURN during the first quarter. In the first quarter, INTRINSIC EDGE CAPITAL MANAGEMENT LLC acquired a new stake in Huron Consulting Group Inc. valued at approximately $9,507,000. CASTLEARK MANAGEMENT LLC acquired a new stake in HURN for approximately $4,629,000. MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC purchased a new stake in HURN valued at around $3,191,000 in the second quarter.
Huron Consulting Group Inc. (NASDAQ: HURN) opened at $75.95 on Friday. During the past 12 months, Huron Consulting Group Inc. has had a low of $42.66 and a high of $78.38. As of last week, the company has a debt-to-equity ratio of 0.61, a current ratio of 1.70, and a quick ratio of 1.70. The fifty day moving average price for HURN is $69.68 and a two-hundred day moving average price translates $59.59 for the stock.
The latest earnings results from Huron Consulting Group Inc. (NASDAQ: HURN) was released for Jun, 2022. According to the Consulting Services Company, earnings per share came in at $0.83, beating analysts’ expectations of $0.8 by 0.03. This compares to $0.64 EPS in the same period last year. The net profit margin was 8.10% and return on equity was 15.70% for HURN. The company reported revenue of $292.19 million for the quarter, compared to $227.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 28.32 percent. For the current quarter, analysts expect HURN to generate $267.05M in revenue.
Huron Consulting Group Inc.(HURN) 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, Business Advisory, and Education. The Healthcare segment provides advisory services in the areas of financial and operational improvement, care transformation, and revenue cycle managed services; organizational transformation; and digital, technology and analytic solutions to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, medical groups, and health plans. The Business Advisory segment offers cloud-based technology, analytics, restructuring, and capital advisory solutions to life science, financial, healthcare, education, energy and utilities, and industrials and manufacturing industries, as well as to public sectors. The Education segment provides research enterprise and student lifecycle; digital, technology and analytic solutions; and organizational transformation services to public and private colleges and universities, academic medical centers, research institutes, and other not-for-profit organizations. Huron Consulting Group Inc. was incorporated in 2002 and is headquartered in Chicago, Illinois.