Barrington analyst Kevin Steinke has reiterated their bullish stance on HURN stock, giving a Buy rating yesterday.
Kevin Steinke has given his Buy rating due to a combination of factors that highlight Huron Consulting’s strong growth potential and strategic positioning. The company recently held an Investor Day where it emphasized favorable growth opportunities across its business segments and set ambitious financial goals through 2029, which Steinke views positively. Huron’s ability to exceed its medium-term financial targets and its strong client retention, with 89% of revenue coming from repeat clients, further supports this optimistic outlook.
Additionally, Huron’s integrated go-to-market strategy is a key competitive advantage, enabling it to effectively address client challenges and differentiate itself from larger competitors. This strategy has accelerated revenue growth and increased client engagement. The company’s financial targets, including a low-double-digit compound annual growth rate in revenue before reimbursements through 2029, are more favorable than current projections, reinforcing the Buy rating. Huron’s focus on innovation and transformation, combined with its strategic goals, positions it well for sustained growth and success.