Stifel Nicolaus reissued their hold rating on shares of Hub Group (NASDAQ:HUBG) in a research note issued to investors on Thursday morning, MarketBeat reports. Stifel Nicolaus currently has a $45.00 target price on the transportation company’s stock.
A number of other research analysts also recently commented on the stock. BidaskClub downgraded shares of Hub Group from a hold rating to a sell rating in a research report on Thursday, March 29th. Zacks Investment Research downgraded shares of Hub Group from a buy rating to a hold rating in a research report on Wednesday, February 14th. Morgan Stanley raised their price objective on shares of Hub Group from $40.00 to $43.00 and gave the stock an equal weight rating in a research report on Tuesday, February 13th. Loop Capital raised their price objective on shares of Hub Group to $52.00 and gave the stock a hold rating in a research report on Monday, February 12th. Finally, Robert W. Baird raised shares of Hub Group from a neutral rating to an outperform rating and raised their price objective for the stock from $45.00 to $55.00 in a research report on Tuesday, December 19th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the stock. Hub Group presently has a consensus rating of Hold and a consensus target price of $48.00.
NASDAQ HUBG opened at $39.35 on Thursday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $1,352.85, a P/E ratio of 20.71, a P/E/G ratio of 1.13 and a beta of 1.44. Hub Group has a 12 month low of $33.17 and a 12 month high of $52.25.
Hub Group (NASDAQ:HUBG) last posted its earnings results on Thursday, February 8th. The transportation company reported $0.74 EPS for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.22. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.10 billion. Hub Group had a net margin of 3.35% and a return on equity of 9.36%. The company’s revenue was up 18.8% on a year-over-year basis. During the same period last year, the firm posted $0.55 EPS. research analysts forecast that Hub Group will post 2.32 EPS for the current fiscal year.
Several hedge funds have recently added to or reduced their stakes in the company. MetLife Investment Advisors LLC acquired a new stake in shares of Hub Group in the 4th quarter worth $724,000. Metropolitan Life Insurance Co. NY acquired a new stake in shares of Hub Group in the 4th quarter worth $481,000. Teachers Advisors LLC lifted its stake in shares of Hub Group by 1.4% in the 4th quarter. Teachers Advisors LLC now owns 146,863 shares of the transportation company’s stock worth $7,035,000 after acquiring an additional 2,075 shares during the period. Raymond James & Associates lifted its stake in shares of Hub Group by 160.1% in the 4th quarter. Raymond James & Associates now owns 12,158 shares of the transportation company’s stock worth $582,000 after acquiring an additional 7,483 shares during the period. Finally, Luminus Management LLC acquired a new stake in shares of Hub Group in the 4th quarter worth $1,002,000. Institutional investors own 92.87% of the company’s stock.
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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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