Hub Group (NASDAQ:HUBG) – Research analysts at KeyCorp lifted their Q3 2018 EPS estimates for Hub Group in a research note issued on Sunday, May 13th. KeyCorp analyst T. Fowler now anticipates that the transportation company will post earnings of $0.63 per share for the quarter, up from their previous forecast of $0.60. KeyCorp also issued estimates for Hub Group’s FY2018 earnings at $2.45 EPS.
Hub Group (NASDAQ:HUBG) last issued its earnings results on Thursday, April 26th. The transportation company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.10. The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Hub Group had a net margin of 3.33% and a return on equity of 9.48%. The firm’s revenue was up 22.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.31 EPS.
A number of other equities analysts have also recently issued reports on HUBG. ValuEngine upgraded shares of Hub Group from a “hold” rating to a “buy” rating in a research report on Thursday, May 3rd. BidaskClub upgraded shares of Hub Group from a “hold” rating to a “buy” rating in a research report on Saturday. Morgan Stanley boosted their price objective on shares of Hub Group from $43.00 to $44.00 and gave the company an “equal weight” rating in a research report on Monday, April 30th. Stifel Nicolaus restated a “hold” rating and issued a $45.00 price objective on shares of Hub Group in a research report on Thursday, April 5th. Finally, Loop Capital boosted their price objective on shares of Hub Group to $52.00 and gave the company a “hold” rating in a research report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the stock. Hub Group presently has a consensus rating of “Hold” and an average target price of $48.15.
Hub Group opened at $47.20 on Tuesday, Marketbeat Ratings reports. Hub Group has a 12-month low of $47.00 and a 12-month high of $47.80. The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 23.33, a PEG ratio of 1.32 and a beta of 1.44. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.27 and a current ratio of 1.27.
Several institutional investors and hedge funds have recently made changes to their positions in HUBG. Granite Investment Partners LLC bought a new stake in shares of Hub Group during the 4th quarter valued at about $14,668,000. Deutsche Bank AG boosted its stake in shares of Hub Group by 148.4% during the 4th quarter. Deutsche Bank AG now owns 285,500 shares of the transportation company’s stock valued at $13,673,000 after purchasing an additional 170,560 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Hub Group during the 4th quarter valued at about $7,407,000. BTIM Corp. boosted its stake in shares of Hub Group by 33.5% during the 4th quarter. BTIM Corp. now owns 482,654 shares of the transportation company’s stock valued at $23,119,000 after purchasing an additional 121,101 shares in the last quarter. Finally, Algert Global LLC bought a new stake in shares of Hub Group during the 1st quarter valued at about $4,201,000. 95.06% of the stock is currently owned by hedge funds and other institutional investors.
Hub Group Company Profile
Hub Group, Inc, an asset-light freight transportation management company, provides intermodal, truck brokerage, and logistics services in North America. It operates through two segments, Mode and Hub. Its intermodal services include arranging for the movement of its customers' freight in containers and trailers over long distances.
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