Media coverage about Hub Group (NASDAQ:HUBG) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hub Group earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the transportation company an impact score of 46.3032388734245 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the headlines that may have impacted Accern’s rankings:
Shares of NASDAQ HUBG traded down $0.05 during mid-day trading on Monday, reaching $49.95. The company had a trading volume of 737 shares, compared to its average volume of 220,518. Hub Group has a twelve month low of $33.17 and a twelve month high of $54.46. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $1.72 billion, a PE ratio of 26.15, a price-to-earnings-growth ratio of 1.37 and a beta of 1.50.
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, topping the Zacks’ consensus estimate of $0.38 by $0.10. Hub Group had a net margin of 3.33% and a return on equity of 9.48%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the prior year, the business posted $0.31 earnings per share. Hub Group’s revenue for the quarter was up 22.8% compared to the same quarter last year. analysts predict that Hub Group will post 2.43 EPS for the current year.
Several analysts have issued reports on the stock. Zacks Investment Research raised shares of Hub Group from a “hold” rating to a “buy” rating and set a $57.00 target price on the stock in a research note on Wednesday, June 13th. BidaskClub downgraded shares of Hub Group from a “buy” rating to a “hold” rating in a research note on Tuesday, June 26th. Loop Capital boosted their target price on shares of Hub Group to $54.00 and gave the company a “hold” rating in a research note on Tuesday, June 26th. Wolfe Research raised shares of Hub Group from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 24th. Finally, ValuEngine raised shares of Hub Group from a “hold” rating to a “buy” rating in a research note on Thursday, May 3rd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $48.23.
About Hub Group
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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