What is Barrington Research’s Estimate for HURN Q4 Earnings?

Huron Consulting Group Inc. (NASDAQ:HURN) – Equities research analysts at Barrington Research increased their Q4 2024 earnings per share estimates for shares of 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 $1.52 per share for the quarter, up from their prior estimate of $1.50. 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.

A number of other analysts also recently commented on the stock. Benchmark reissued a “buy” rating and set a $140.00 price objective on shares of Huron Consulting Group in a report on Wednesday, October 30th. StockNews.com raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Huron Consulting Group has an average rating of “Buy” and a consensus target price of $133.00.

Huron Consulting Group Stock Performance

NASDAQ:HURN opened at $127.66 on Thursday. The firm’s fifty day simple moving average is $108.91 and its 200-day simple moving average is $101.74. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. The stock has a market cap of $2.26 billion, a PE ratio of 27.75 and a beta of 0.60. Huron Consulting Group has a fifty-two week low of $84.26 and a fifty-two week high of $131.06.

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

Insider Activity at Huron Consulting Group

In other Huron Consulting Group news, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $109.48, for a total transaction of $114,078.16. Following the completion of the transaction, the director now owns 29,882 shares in the company, valued at approximately $3,271,481.36. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, CEO C. Mark Hussey sold 4,000 shares of the company’s 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 directly owns 81,081 shares in the company, valued at $8,361,883.53. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director H Eugene Lockhart sold 1,042 shares of Huron Consulting Group stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $109.48, for a total value of $114,078.16. Following the sale, the director now owns 29,882 shares of the company’s stock, valued at approximately $3,271,481.36. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,348 shares of company stock valued at $783,392. Insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Assetmark Inc. grew its holdings in shares of Huron Consulting Group by 7.0% during the third quarter. Assetmark Inc. now owns 1,373 shares of the business services provider’s stock worth $149,000 after buying an additional 90 shares in the last quarter. Andina Capital Management LLC raised its holdings in Huron Consulting Group by 4.5% in the 3rd quarter. Andina Capital Management LLC now owns 3,189 shares of the business services provider’s stock valued at $347,000 after acquiring an additional 137 shares during the last quarter. ProShare Advisors LLC lifted its stake in shares of Huron Consulting Group by 6.0% during the 1st quarter. ProShare Advisors LLC now owns 3,342 shares of the business services provider’s stock worth $323,000 after purchasing an additional 188 shares during the period. Blair William & Co. IL boosted its holdings in shares of Huron Consulting Group by 2.1% during the first quarter. Blair William & Co. IL now owns 10,512 shares of the business services provider’s stock worth $1,016,000 after purchasing an additional 218 shares during the last quarter. Finally, Creative Planning boosted its holdings in shares of Huron Consulting Group by 10.5% during the third quarter. Creative Planning now owns 2,588 shares of the business services provider’s stock worth $281,000 after purchasing an additional 246 shares during the last quarter. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

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.