Hub Group (HUBG) Set to Announce Quarterly Earnings on Wednesday

Hub Group (NASDAQ:HUBG) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, January 31st. Analysts expect the company to announce earnings of $0.50 per share for the quarter.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, October 26th. The transportation company reported $0.46 EPS for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.06. Hub Group had a net margin of 1.39% and a return on equity of 8.87%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the business earned $0.54 earnings per share. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. On average, analysts expect Hub Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hub Group (NASDAQ:HUBG) opened at $51.35 on Wednesday. Hub Group has a 12 month low of $33.17 and a 12 month 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. The company has a market cap of $1,755.11, a P/E ratio of 31.89, a P/E/G ratio of 1.52 and a beta of 1.50.

HUBG has been the topic of a number of research analyst reports. UBS Group raised their price objective on shares of Hub Group from $47.00 to $48.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Zacks Investment Research upgraded shares of Hub Group from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research report on Monday, October 2nd. Stifel Nicolaus restated a “buy” rating and issued a $50.00 price target on shares of Hub Group in a research report on Sunday, October 1st. BidaskClub upgraded shares of Hub Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 2nd. Finally, Cowen restated a “hold” rating and issued a $40.00 price target on shares of Hub Group in a research report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. Hub Group presently has an average rating of “Hold” and a consensus target price of $48.42.

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Hub Group Company Profile

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).

Earnings History for Hub Group (NASDAQ:HUBG)

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