Shares of Hub Group Inc (NASDAQ:HUBG) have earned an average recommendation of “Hold” from the sixteen brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $48.42.
Several equities research analysts recently weighed in on HUBG shares. Cowen reaffirmed a “hold” rating and issued a $40.00 price target on shares of Hub Group in a research note on Thursday, October 12th. Buckingham Research started coverage on Hub Group in a research note on Friday, October 20th. They issued a “neutral” rating and a $43.00 price target on the stock. Stephens reaffirmed an “overweight” rating and issued a $57.00 price target (up from $50.00) on shares of Hub Group in a research note on Thursday, December 14th. Loop Capital started coverage on Hub Group in a research note on Tuesday, October 3rd. They issued a “hold” rating and a $47.00 price target on the stock. Finally, Zacks Investment Research raised Hub Group from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research note on Monday, October 2nd.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. grew its stake in shares of Hub Group by 8.1% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 329,319 shares of the transportation company’s stock worth $15,775,000 after acquiring an additional 24,540 shares during the last quarter. GSA Capital Partners LLP grew its stake in shares of Hub Group by 275.6% in the third quarter. GSA Capital Partners LLP now owns 26,680 shares of the transportation company’s stock worth $1,146,000 after acquiring an additional 19,577 shares during the last quarter. Fieldpoint Private Securities LLC purchased a new stake in shares of Hub Group in the third quarter worth $100,000. Walthausen & Co. LLC purchased a new stake in shares of Hub Group in the third quarter worth $7,259,000. Finally, California Public Employees Retirement System grew its stake in shares of Hub Group by 8.1% in the third quarter. California Public Employees Retirement System now owns 83,003 shares of the transportation company’s stock worth $3,565,000 after acquiring an additional 6,203 shares during the last quarter. 93.84% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Hub Group (HUBG) traded up $0.20 during trading on Monday, hitting $51.45. The company had a trading volume of 231,915 shares, compared to its average volume of 196,686. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market capitalization of $1,748.29, a P/E ratio of 31.96, a PEG ratio of 1.51 and a beta of 1.50. Hub Group has a one year low of $33.17 and a one year high of $52.50.
Hub Group (NASDAQ:HUBG) last announced its earnings results on Thursday, October 26th. The transportation company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. Hub Group had a return on equity of 8.87% and a net margin of 1.39%. The firm’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.54 earnings per share. equities analysts predict that Hub Group will post 1.7 EPS for the current year.
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Hub Group Company Profile
Hub Group, Inc is an asset-light freight transportation management company. The Company offers intermodal, truck brokerage and logistics services. It operates through two business segments: Mode and Hub. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage and logistics, primarily through agents entering into contractual arrangements with Mode Transportation, LLC (Mode LLC).
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