In a report released today, Kevin Steinke from Barrington reiterated a Buy rating on Huron Consulting (HURN – Research Report), with a price target of $173.00.
Kevin Steinke has given his Buy rating due to a combination of factors, primarily driven by Huron Consulting’s strong financial performance in the first quarter of 2025. The company’s revenue before reimbursements increased by 11.2% year-over-year, surpassing both the firm’s and consensus estimates. This growth was largely attributed to the robust performance of the Healthcare segment, which saw significant organic growth despite a recent business line divestiture.
Additionally, the Education and Commercial segments also contributed to the positive results, with the latter benefiting from the acquisition of AXIA Consulting and a rebound in digital transformation services. Huron’s adjusted EBITDA and EPS both exceeded expectations, with the latter benefiting from a tax-related gain. These factors, combined with favorable guidance for 2025 and an increased price target of $173, underpin Steinke’s optimistic outlook and Buy rating for Huron Consulting’s stock.
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HURN in relation to earlier this year.