Huron Consulting Group Inc., a professional services firm, provides consultancy services in the United States and internationally. Its Healthcare segment provides advisory services in the areas of financial and operational improvement, care transformation, and revenue cycle managed services; organizational transformation; and digital, technology and analytic solutions to national and regional hospitals, integrated health systems, academic medical centers, community hospitals, and medical groups. The company's Business Advisory segment offers cloud-based technology, analytics, restructuring, and capital advisory solutions to life science, financial, healthcare, education, energy and utilities, and industrials and manufacturing industries, as well as to public sectors. Its Education segment provides research enterprise and student lifecycle; digital, technology and analytic solutions; and organizational transformation services to public and private colleges and universities, academic medical centers, research institutes, and other not-for-profit organizations. Huron Consulting Group Inc. was incorporated in 2002 and is headquartered in Chicago, Illinois.
IPO Year: 2004
Exchange: NASDAQ
Website: huronconsultinggroup.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/5/2024 | $133.00 → $137.00 | Outperform | Barrington Research |
5/24/2024 | $110.00 | Outperform | Wedbush |
Barrington Research reiterated coverage of Huron Consulting with a rating of Outperform and set a new price target of $137.00 from $133.00 previously
Wedbush initiated coverage of Huron Consulting with a rating of Outperform and set a new price target of $110.00
Barrington Research reiterated coverage of Huron Consulting Group with a rating of Outperform and set a new price target of $63.00 from $60.00 previously
Sidoti initiated coverage of Huron Consulting Group with a rating of Buy
Acquisition strengthens Huron's supply chain consulting and Oracle supply chain management (SCM) offerings and broadens Microsoft capabilities Huron (NASDAQ:HURN), a global professional services firm, today announced it has acquired AXIA Consulting (AXIA), a leading provider of supply chain-focused consulting and technology solutions. This acquisition enhances Huron's supply chain offerings, particularly in the industrials and manufacturing, retail and healthcare sectors. It also expands Huron's Oracle supply chain management (SCM) offerings and broadens its technology portfolio with advanced Microsoft capabilities, strengthening Huron's ability to empower clients to align their people an
THIRD QUARTER 2024 HIGHLIGHTS Revenues before reimbursable expenses(1) increased $11.9 million, or 3.3%, to $370.0 million in Q3 2024 from $358.2 million in Q3 2023. Net income increased $5.6 million, or 26.2%, to $27.1 million in Q3 2024, compared to $21.5 million in Q3 2023. Adjusted EBITDA(9), a non-GAAP measure, increased $6.9 million, or 14.3%, to $54.9 million in Q3 2024 from $48.0 million in Q3 2023. Diluted earnings per share increased $0.37, or 33.6%, to $1.47 in Q3 2024, compared to $1.10 in Q3 2023. Adjusted diluted earnings per share(9), a non-GAAP measure, increased $0.29, or 20.9%, to $1.68 in Q3 2024 from $1.39 in Q3 2023. Net cash provided by operating
Global professional services firm Huron (NASDAQ:HURN) will announce its financial results for the third quarter ended September 30, 2024, after the market closes on Tuesday, October 29, 2024. C. Mark Hussey, chief executive officer and president, and John D. Kelly, chief financial officer, will host a conference call to discuss the company's financial results on Tuesday, October 29, 2024, at 5:00 p.m. Eastern Time (4:00 p.m. Central Time). The conference call is being webcast by Notified and can be accessed on Huron's website at http://ir.huronconsultinggroup.com. A replay will be available approximately two hours after the conclusion of the webcast and for 90 days thereafter. ABOUT HURO
SECOND QUARTER 2024 FINANCIAL HIGHLIGHTS Total revenues increased $24.9 million, or 7.2%, to a record $371.7 million in Q2 2024 from $346.8 million in Q2 2023. Net income increased $12.8 million, or 51.7%, to $37.5 million in Q2 2024, compared to $24.7 million in Q2 2023. Results for Q2 2024 include an $11.1 million litigation settlement gain, net of tax, related to a completed legal matter for which Huron was the plaintiff. Adjusted EBITDA(8), a non-GAAP measure, increased $7.2 million, or 14.9%, to $55.7 million in Q2 2024 from $48.5 million in Q2 2023. Diluted earnings per share increased $0.76, or 59.8%, to $2.03 in Q2 2024, compared to $1.27 in Q2 2023. Results for Q2 2024
Global professional services firm Huron (NASDAQ:HURN) will announce its financial results for the second quarter ended June 30, 2024, after the market closes on Tuesday, July 30, 2024. C. Mark Hussey, chief executive officer and president, and John D. Kelly, chief financial officer, will host a conference call to discuss the company's financial results on Tuesday, July 30, 2024, at 5:00 p.m. Eastern Time (4:00 p.m. Central Time). The conference call is being webcast by Notified and can be accessed on Huron's website at http://ir.huronconsultinggroup.com. A replay will be available approximately two hours after the conclusion of the webcast and for 90 days thereafter. ABOUT HURON Hur
FIRST QUARTER 2024 FINANCIAL HIGHLIGHTS Total revenues increased $38.1 million, or 12.0%, to $356.0 million in Q1 2024 from $317.9 million in Q1 2023. Net income increased $4.6 million, or 34.2%, to $18.0 million in Q1 2024, compared to $13.4 million in Q1 2023. Adjusted EBITDA(8), a non-GAAP measure, increased $4.3 million, or 14.6%, to $33.8 million in Q1 2024 from $29.5 million in Q1 2023. Diluted earnings per share increased $0.27, or 39.7%, to $0.95 in Q1 2024, compared to $0.68 in Q1 2023. Adjusted diluted earnings per share(8), a non-GAAP measure, increased $0.36, or 41.4%, to $1.23 in Q1 2024 from $0.87 in Q1 2023. Huron returned $62.3 million to shareholders
Global professional services firm Huron (NASDAQ:HURN) will announce its financial results for the first quarter ended March 31, 2024, after the market closes on Tuesday, April 30, 2024. C. Mark Hussey, chief executive officer and president, and John D. Kelly, chief financial officer, will host a conference call to discuss the company's financial results on Tuesday, April 30, 2024, at 5:00 p.m. Eastern Time (4:00 p.m. Central Time). The conference call is being webcast by Notified and can be accessed on Huron's website at http://ir.huronconsultinggroup.com. A replay will be available approximately two hours after the conclusion of the webcast and for 90 days thereafter. ABOUT HURON H
FOURTH QUARTER 2023 FINANCIAL HIGHLIGHTS Total revenues increased $25.5 million, or 8.1%, to $339.2 million in Q4 2023 from $313.7 million in Q4 2022. Net income was $2.8 million in Q4 2023 compared to $17.1 million in Q4 2022. Results for Q4 2023 include a non-cash unrealized loss of $19.4 million, net of tax, related to the company's investment in a hospital-at-home company([1]). Adjusted EBITDA(7), a non-GAAP measure, increased $2.3 million, or 5.9%, to $41.4 million in Q4 2023 from $39.0 million in Q4 2022. Diluted earnings per share was $0.15 in Q4 2023 compared to $0.85 in Q4 2022. Results for Q4 2023 include the non-cash unrealized loss related to the company's investm
Global professional services firm Huron (NASDAQ:HURN) will announce its financial results for the fourth quarter and full year ended December 31, 2023, after the market closes on Tuesday, February 27, 2024. C. Mark Hussey, chief executive officer and president, and John D. Kelly, chief financial officer, will host a conference call to discuss the company's financial results on Tuesday, February 27, 2024, at 5:00 p.m. Eastern Time (4:00 p.m. Central Time). The conference call is being webcast by Notified and can be accessed on Huron's website at http://ir.huronconsultinggroup.com. A replay will be available approximately two hours after the conclusion of the webcast and for 90 days there
THIRD QUARTER 2023 FINANCIAL HIGHLIGHTS Total revenues increased $72.8 million, or 25.5%, to $358.2 million in Q3 2023 from $285.4 million in Q3 2022. Net income increased $3.8 million, or 21.3%, to $21.5 million in Q3 2023 from $17.7 million in Q3 2022. Adjusted EBITDA(6), a non-GAAP measure, increased $11.5 million, or 31.6%, to $48.0 million in Q3 2023 from $36.5 million in Q3 2022. Diluted earnings per share increased $0.24, or 27.9%, to $1.10 in Q3 2023 from $0.86 in Q3 2022. Adjusted diluted earnings per share(6), a non-GAAP measure, increased $0.38, or 37.6%, to $1.39 in Q3 2023 from $1.01 in Q3 2022. Net cash provided by operating activities increased 54.7% to
Second consecutive year as a Glassdoor Best Place to Work Global professional services firm Huron (NASDAQ:HURN) has been named a 2025 ‘Best Place to Work' by Glassdoor, one of the world's largest and most influential platforms for workplace insights. For the second year in a row Huron secured a position on Glassdoor's Best Places to Work US Large list, achieving a 4.3-star rating based on employee feedback. "This recognition from Glassdoor is especially meaningful because it reflects the experiences and feedback of our employees," said Kristen Bruner, Chief Human Resources Officer of Huron. "At Huron, we believe that investing in our people is one of the most important things we can do.
Global professional services firm Huron (NASDAQ:HURN) today announced 22 managing director, operating managing director, and principal promotions. These promotions add to Huron's highly talented team of leaders who deliver outstanding service to clients, mentor and develop our people, and accelerate the growth of the company. "Congratulations to our newly promoted leaders on this well-deserved achievement," said Mark Hussey, chief executive officer and president of Huron. "Their dedication, commitment, and the meaningful impact they have on our clients, our people, and our business have earned them this well-deserved recognition. By exemplifying our values and leadership principles, they
Global professional services firm Huron (NASDAQ:HURN) today announced that it has promoted Hope Katz to executive vice president, general counsel, and corporate secretary, effective Jan 1, 2025. Katz, who joined the firm in 2018, has been the corporate vice president, legal affairs, and corporate secretary since March 2024. In her role as general counsel, she is responsible for the firm's global legal function. She serves as a member of the executive leadership team and a legal advisor to the senior management team and the board of directors. "Hope has been an excellent addition to our executive leadership team," said Mark Hussey, CEO and president of Huron. "She brings a solid understand
Hugh E. Sawyer has been appointed as independent, non-executive Chairman of the Board, effective January 1, 2025 Global professional services firm Huron (NASDAQ:HURN), today announced that its board of directors appointed Hugh E. Sawyer as its independent, non-executive chairman to succeed John McCartney effective Jan. 1, 2025. Mr. McCartney will continue to serve on the company's board as a director. He has served as the non-executive chairman of Huron's board since May 2010 and as a board member since October 2004. "I would like to express my deep appreciation to John for his outstanding leadership of Huron's board over the years and his guidance in my transition to CEO in 2023," sa
Acquisition strengthens Huron's supply chain consulting and Oracle supply chain management (SCM) offerings and broadens Microsoft capabilities Huron (NASDAQ:HURN), a global professional services firm, today announced it has acquired AXIA Consulting (AXIA), a leading provider of supply chain-focused consulting and technology solutions. This acquisition enhances Huron's supply chain offerings, particularly in the industrials and manufacturing, retail and healthcare sectors. It also expands Huron's Oracle supply chain management (SCM) offerings and broadens its technology portfolio with advanced Microsoft capabilities, strengthening Huron's ability to empower clients to align their people an
Global professional services firm Huron (NASDAQ:HURN) today announced that Joy Brown, a board member of the firm, has been named one of Savoy Magazine's 2024 Most Influential Corporate Directors, which celebrates the most accomplished and impactful leaders in corporate governance. This recognition highlights Joy's significant contributions to Huron and her commitment to corporate governance excellence. "We are thrilled to see Joy recognized as one of the Most Influential Corporate Directors of 2024," said Mark Hussey, chief executive officer and president at Huron. "Joy's leadership, innovation and technology expertise have been invaluable. This well-deserved honor reflects her exceptiona
Kristen honored for her excellence in client service Global professional services firm Huron (NASDAQ:HURN) today announced that Kristen Colella, managing director at Innosight, Huron's strategy and innovation business, has been recognized as one of Consulting Magazine's Women Leaders in Consulting for 2024. Kristen, who co-leads Innosight's consumer, media, and technology team, joins a prestigious group of women industry leaders honored for their profound impact on the consulting profession. She was celebrated for her focus on client service and innovation. "Kristen is an extraordinary leader whose vision, talent, and passion consistently drive exceptional results for our clients. She
THIRD QUARTER 2024 HIGHLIGHTS Revenues before reimbursable expenses(1) increased $11.9 million, or 3.3%, to $370.0 million in Q3 2024 from $358.2 million in Q3 2023. Net income increased $5.6 million, or 26.2%, to $27.1 million in Q3 2024, compared to $21.5 million in Q3 2023. Adjusted EBITDA(9), a non-GAAP measure, increased $6.9 million, or 14.3%, to $54.9 million in Q3 2024 from $48.0 million in Q3 2023. Diluted earnings per share increased $0.37, or 33.6%, to $1.47 in Q3 2024, compared to $1.10 in Q3 2023. Adjusted diluted earnings per share(9), a non-GAAP measure, increased $0.29, or 20.9%, to $1.68 in Q3 2024 from $1.39 in Q3 2023. Net cash provided by operating
Global professional services firm Huron (NASDAQ:HURN) will announce its financial results for the third quarter ended September 30, 2024, after the market closes on Tuesday, October 29, 2024. C. Mark Hussey, chief executive officer and president, and John D. Kelly, chief financial officer, will host a conference call to discuss the company's financial results on Tuesday, October 29, 2024, at 5:00 p.m. Eastern Time (4:00 p.m. Central Time). The conference call is being webcast by Notified and can be accessed on Huron's website at http://ir.huronconsultinggroup.com. A replay will be available approximately two hours after the conclusion of the webcast and for 90 days thereafter. ABOUT HURO
Firm recognized for fourteenth year in a row for fostering a culture of belonging and innovation Global professional services firm Huron (NASDAQ:HURN) today announced it has been recognized by Consulting magazine as a 2024 Best Firm to Work For. This honor underscores Huron's continued dedication to fostering a culture where its employees are empowered to innovate and grow personally and professionally, driving greater impact for clients. "Our success as a company is driven by our collaborative culture that magnifies the collective impact of our incredibly talented team," said Mark Hussey, chief executive officer and president at Huron. "Their values and passion lead them to serve our cli
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Hugh E. Sawyer has been appointed as independent, non-executive Chairman of the Board, effective January 1, 2025 Global professional services firm Huron (NASDAQ:HURN), today announced that its board of directors appointed Hugh E. Sawyer as its independent, non-executive chairman to succeed John McCartney effective Jan. 1, 2025. Mr. McCartney will continue to serve on the company's board as a director. He has served as the non-executive chairman of Huron's board since May 2010 and as a board member since October 2004. "I would like to express my deep appreciation to John for his outstanding leadership of Huron's board over the years and his guidance in my transition to CEO in 2023," sa
Acquisition expands Huron's philanthropy consulting offerings Global professional services firm Huron (NASDAQ:HURN) today announced it has entered into an agreement to acquire GG+A, a leading philanthropic management consulting firm that helps education institutions and healthcare, arts and other nonprofit organizations build and accelerate the philanthropic programs that support their mission. Successful fundraising programs and campaigns can play a pivotal role in helping organizations achieve their strategic objectives and widen their impact. "GG+A is well-known for helping its clients around the world achieve their philanthropic goals and serving as their trusted advisor to advance
J. Ronald Dail, leader of Huron's healthcare performance improvement business unit, to become chief operating officer effective July 1, 2022 Global professional services firm Huron (NASDAQ:HURN) today announced that J. Ronald Dail will succeed C. Mark Hussey as chief operating officer effective July 1, 2022. Upon his promotion, Dail will report to Hussey, Huron's president. Hussey will remain president until he becomes CEO and president on January 1, 2023, as part of the Company's previously announced CEO transition. "With the significant growth opportunity ahead for all three of our operating segments, we have a meaningful opportunity to efficiently expand our growing business on a globa
James H. Roth to step down as CEO effective January 1, 2023 to become vice chairman on the Company's Board and will continue to serve clients on a full-time basis Huron's president and chief operating officer C. Mark Hussey appointed CEO and president of Huron effective January 1, 2023 Global professional services firm Huron (NASDAQ:HURN) today announced that James H. Roth will retire from his role as chief executive officer of the Company on December 31, 2022, after a distinguished 20-year career with the Company, including having served 13 years as chief executive officer. He will become vice chairman on Huron's board of directors and continue in a non-executive capacity to serve client