Hub Group Inc (NASDAQ:HUBG) has earned a consensus recommendation of “Hold” from the seventeen research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $48.08.
Several equities analysts recently weighed in on HUBG shares. Stifel Nicolaus restated a “hold” rating and set a $45.00 price target on shares of Hub Group in a research report on Thursday, April 5th. Morgan Stanley increased their price target 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. BidaskClub lowered shares of Hub Group from a “hold” rating to a “sell” rating in a research report on Thursday, March 29th. Wolfe Research upgraded shares of Hub Group from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 24th. Finally, Cowen restated a “market perform” rating and set a $41.00 price target (up previously from $39.00) on shares of Hub Group in a research report on Friday, April 27th.
Hub Group opened at $52.30 on Thursday, according to Marketbeat Ratings. Hub Group has a 1 year low of $33.17 and a 1 year high of $52.35. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.27 and a quick ratio of 1.27. The firm has a market capitalization of $1.80 billion, a PE ratio of 25.64, a PEG ratio of 1.45 and a beta of 1.48.
Hub Group (NASDAQ:HUBG) last posted its quarterly earnings results on Thursday, April 26th. The transportation company reported $0.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.10. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates 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 for the quarter was up 22.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.31 earnings per share. analysts forecast that Hub Group will post 2.41 earnings per share for the current fiscal year.
Large investors have recently modified their holdings of the business. Koch Industries Inc. bought a new position in Hub Group during the fourth quarter worth about $284,000. Wells Fargo & Company MN boosted its position in Hub Group by 4.3% during the fourth quarter. Wells Fargo & Company MN now owns 129,771 shares of the transportation company’s stock worth $6,216,000 after purchasing an additional 5,368 shares during the period. Luminus Management LLC bought a new position in Hub Group during the fourth quarter worth about $1,002,000. AXA bought a new position in Hub Group during the fourth quarter worth about $450,000. Finally, Bogle Investment Management L P DE bought a new position in Hub Group during the fourth quarter worth about $1,959,000. Hedge funds and other institutional investors own 93.04% of the company’s stock.
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.
Receive News & Ratings for Hub Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hub Group and related companies with MarketBeat.com's FREE daily email newsletter.