Press coverage about Hub Group (NASDAQ:HUBG) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hub Group earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 45.993858257587 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
NASDAQ HUBG traded down $0.70 on Friday, hitting $52.50. 651,003 shares of the company were exchanged, compared to its average volume of 253,839. The firm has a market cap of $1.83 billion, a PE ratio of 27.49, a P/E/G ratio of 1.47 and a beta of 1.48. Hub Group has a 12 month low of $33.17 and a 12 month high of $54.46. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.26.
Hub Group (NASDAQ:HUBG) last issued its earnings results on Thursday, April 26th. The transportation company reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.10. The business had revenue of $1.10 billion for 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%. Hub Group’s revenue was up 22.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.31 earnings per share. equities analysts predict that Hub Group will post 2.41 earnings per share for the current year.
Several research firms have recently weighed in on HUBG. BidaskClub upgraded shares of Hub Group from a “hold” rating to a “buy” rating in a research report on Wednesday, June 13th. Zacks Investment Research upgraded shares of Hub Group from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a research report on Wednesday, June 13th. Wolfe Research upgraded shares of Hub Group from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 24th. ValuEngine upgraded shares of Hub Group from a “hold” rating to a “buy” rating in a research report on Thursday, May 3rd. Finally, Morgan Stanley increased their price objective on shares of Hub Group from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Monday, April 30th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. Hub Group presently has a consensus rating of “Hold” and a consensus target price of $48.08.
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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