Huron Consulting Group Inc. (NASDAQ:HURN) is a professional services firm based in Chicago, Illinois. Since its inception in 2002, Huron has provided consultancy services across various sectors, including healthcare, business advisory, and education. The company competes with other consulting firms in these sectors, offering strategic insights and solutions to its clients.
The stock target price for Huron has remained stable at $150 over the past month and quarter, reflecting consistent analyst sentiment. This stability suggests that analysts have maintained their outlook on the stock in the short term. However, analyst Tobey Sommer from Truist Financial has set a lower price target of $140, indicating a more conservative view.
Huron's recent financial performance has been strong, with the company reporting earnings of $1.68 per share for Q3 2024, surpassing the Zacks Consensus Estimate of $1.58. This performance marks an improvement from the $1.39 per share reported in the same quarter last year. The company also achieved a 3% revenue growth for the quarter ending September 30, 2024.
The company's consistent growth in its Healthcare and Education segments since the first quarter of 2021 has contributed to its positive financial results. Huron has increased its earnings guidance for 2024, suggesting confidence in its future performance. Investors should keep an eye on the upcoming earnings report and Investor Day for further insights.
Huron's upcoming financial results announcement for the fourth quarter and full year ending December 31, 2024, is scheduled for February 25, 2025. The conference call will be led by CEO Mark Hussey and CFO John Kelly. Investors are advised to monitor these events, as they could impact stock target prices and provide valuable information on the company's strategic direction.
