FY2024 EPS Estimates for HURN Raised by Barrington Research

Huron Consulting Group Inc. (NASDAQ:HURN) – Analysts at Barrington Research lifted their FY2024 earnings per share (EPS) estimates for Huron Consulting Group in a note issued to investors on Monday, November 4th. Barrington Research analyst K. Steinke now expects that the business services provider will earn $6.10 per share for the year, up from their previous estimate of $5.87. Barrington Research currently has a “Outperform” rating and a $142.00 target price on the stock. The consensus estimate for Huron Consulting Group’s current full-year earnings is $6.11 per share. Barrington Research also issued estimates for Huron Consulting Group’s FY2025 earnings at $6.91 EPS.

Huron Consulting Group (NASDAQ:HURN) last issued its quarterly earnings results on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.11. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. The firm had revenue of $370.00 million during the quarter, compared to the consensus estimate of $377.63 million. During the same period in the prior year, the firm earned $1.39 EPS. The business’s revenue was up 3.3% on a year-over-year basis.

Other analysts also recently issued research reports about the company. StockNews.com upgraded Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Benchmark reiterated a “buy” rating and set a $140.00 price target on shares of Huron Consulting Group in a research note on Wednesday, October 30th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $133.00.

Huron Consulting Group Stock Up 1.8 %

NASDAQ HURN opened at $120.32 on Wednesday. Huron Consulting Group has a twelve month low of $84.26 and a twelve month high of $120.41. The stock has a market cap of $2.13 billion, a PE ratio of 26.16 and a beta of 0.60. The firm has a 50-day simple moving average of $108.09 and a 200 day simple moving average of $101.37. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HURN. Covestor Ltd lifted its stake in shares of Huron Consulting Group by 26,500.0% during the first 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 period. Ashton Thomas Private Wealth LLC bought a new position in shares of Huron Consulting Group in the 2nd quarter valued at about $28,000. Assetmark Inc. grew its position in shares of Huron Consulting Group by 7.0% during the 3rd quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock worth $149,000 after buying an additional 90 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of 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 buying an additional 1,600 shares during the last quarter. Finally, Dakota Wealth Management acquired a new position in Huron Consulting Group in the second quarter valued at approximately $219,000. Institutional investors own 93.90% of the company’s stock.

Insider Buying and Selling

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $102.61, for a total transaction of $106,919.62. Following the sale, the director now directly owns 30,924 shares of the company’s stock, valued at approximately $3,173,111.64. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $102.61, for a total value of $106,919.62. Following the transaction, the director now owns 30,924 shares of the company’s stock, valued at approximately $3,173,111.64. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO C. Mark Hussey sold 4,000 shares of the stock in a transaction on Monday, August 12th. The stock was sold at an average price of $103.13, for a total value of $412,520.00. Following the sale, the chief executive officer now owns 81,081 shares in the company, valued at $8,361,883.53. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,390 shares of company stock worth $890,312 in the last quarter. 2.20% of the stock is owned by corporate insiders.

About Huron Consulting Group

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.