Hub Group (NASDAQ:HUBG)‘s stock had its “overweight” rating reaffirmed by research analysts at Stephens in a research note issued to investors on Thursday, The Fly reports. They currently have a $57.00 price objective on the transportation company’s stock, up from their prior price objective of $50.00. Stephens’ price objective suggests a potential upside of 21.15% from the company’s current price.

A number of other analysts also recently issued reports on HUBG. Barclays increased their target price on shares of Hub Group from $38.00 to $40.00 and gave the stock an “underweight” rating in a research report on Monday, October 2nd. KeyCorp reaffirmed a “hold” rating on shares of Hub Group in a research report on Tuesday, September 26th. Zacks Investment Research downgraded shares of Hub Group from a “buy” rating to a “hold” rating in a research report on Friday, October 6th. Loop Capital started coverage on shares of Hub Group in a research report on Tuesday, October 3rd. They issued a “hold” rating and a $47.00 price objective for the company. Finally, BidaskClub raised shares of Hub Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 2nd. One analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $46.75.

Hub Group (NASDAQ:HUBG) opened at $47.05 on Thursday. The firm has a market cap of $1,587.96, a PE ratio of 27.22, a PEG ratio of 1.84 and a beta of 1.49. Hub Group has a 1-year low of $33.17 and a 1-year high of $52.50. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.33.

Hub Group (NASDAQ:HUBG) last posted its earnings results on Thursday, October 26th. The transportation company reported $0.46 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.06. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. Hub Group had a net margin of 1.39% and a return on equity of 8.87%. The company’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.54 EPS. research analysts anticipate that Hub Group will post 1.69 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in HUBG. Russell Frank Co lifted its stake in Hub Group by 20.3% during the fourth quarter. Russell Frank Co now owns 82,970 shares of the transportation company’s stock worth $2,743,000 after purchasing an additional 14,026 shares during the last quarter. Nationwide Fund Advisors lifted its stake in Hub Group by 42.8% in the fourth quarter. Nationwide Fund Advisors now owns 103,273 shares of the transportation company’s stock valued at $3,403,000 after buying an additional 30,974 shares during the last quarter. TFS Capital LLC bought a new stake in Hub Group in the fourth quarter valued at $1,932,000. California State Teachers Retirement System lifted its stake in Hub Group by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 66,834 shares of the transportation company’s stock valued at $2,202,000 after buying an additional 1,037 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in Hub Group by 7.2% in the fourth quarter. Rhumbline Advisers now owns 46,590 shares of the transportation company’s stock valued at $1,535,000 after buying an additional 3,110 shares during the last quarter. Hedge funds and other institutional investors own 93.87% of the company’s stock.

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About Hub Group

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).

The Fly

Analyst Recommendations for Hub Group (NASDAQ:HUBG)

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