Q4 Earnings Forecast for HURN Issued By Barrington Research

Huron Consulting Group Inc. (NASDAQ:HURN) – Analysts at Barrington Research boosted their Q4 2024 EPS estimates for Huron Consulting Group in a report released on Monday, November 4th. Barrington Research analyst K. Steinke now expects that the business services provider will post earnings of $1.52 per share for the quarter, up from their previous estimate of $1.50. Barrington Research has a “Outperform” rating and a $142.00 price objective on the stock. The consensus estimate for Huron Consulting Group’s current full-year earnings is $6.11 per share.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.68 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $377.63 million. During the same period in the previous year, the company posted $1.39 EPS. The company’s quarterly revenue was up 3.3% compared to the same quarter last year.

HURN has been the topic of several other reports. Benchmark reiterated a “buy” rating and set a $140.00 price objective on shares of Huron Consulting Group in a research report on Wednesday, October 30th. StockNews.com upgraded shares of Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $133.00.

Huron Consulting Group Trading Up 6.5 %

NASDAQ HURN opened at $128.13 on Thursday. Huron Consulting Group has a twelve month low of $84.26 and a twelve month high of $131.06. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 27.85 and a beta of 0.60. The firm’s 50 day moving average price is $108.52 and its two-hundred day moving average price is $101.55.

Institutional Investors Weigh In On Huron Consulting Group

Institutional investors and hedge funds have recently modified their holdings of the business. Covestor Ltd lifted its stake in shares of Huron Consulting Group by 26,500.0% in the 1st quarter. Covestor Ltd now owns 266 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 265 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Huron Consulting Group in the 2nd quarter valued at $28,000. Assetmark Inc. lifted its stake in shares of Huron Consulting Group by 7.0% in the 3rd quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 90 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Huron Consulting Group by 800.0% in the 1st quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the business services provider’s stock valued at $174,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Dakota Wealth Management acquired a new stake in shares of Huron Consulting Group in the 2nd quarter valued at $219,000. Institutional investors and hedge funds own 93.90% of the company’s stock.

Insider Buying and Selling at Huron Consulting Group

In other Huron Consulting Group news, CEO C. Mark Hussey sold 4,000 shares of Huron Consulting Group stock in a transaction on Monday, August 12th. The shares were sold at an average price of $103.13, for a total transaction of $412,520.00. Following the completion of the sale, the chief executive officer now owns 81,081 shares of the company’s stock, valued at $8,361,883.53. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $108.27, for a total transaction of $112,817.34. Following the completion of the sale, the director now owns 28,840 shares of the company’s stock, valued at $3,122,506.80. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO C. Mark Hussey sold 4,000 shares of Huron Consulting Group stock in a transaction on Monday, August 12th. The shares were sold at an average price of $103.13, for a total transaction of $412,520.00. Following the completion of the sale, the chief executive officer now directly owns 81,081 shares of the company’s stock, valued at approximately $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 7,348 shares of company stock valued at $783,392 in the last quarter. Company insiders own 2.20% 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.