Hub Group Inc (NASDAQ:HUBG) has been assigned a consensus recommendation of “Hold” from the seventeen brokerages that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $48.08.
HUBG has been the subject of several research analyst reports. 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 report on Wednesday. BidaskClub upgraded shares of Hub Group from a “sell” rating to a “hold” rating in a report on Tuesday, March 13th. Cowen restated a “market perform” rating and issued a $41.00 price objective (up from $39.00) on shares of Hub Group in a report on Friday, April 27th. Wolfe Research upgraded shares of Hub Group from a “market perform” rating to an “outperform” rating in a report on Thursday, May 24th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $45.00 price objective on shares of Hub Group in a report on Thursday, April 5th.
HUBG traded up $0.30 on Thursday, hitting $50.90. The company had a trading volume of 200,700 shares, compared to its average volume of 302,256. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.27 and a quick ratio of 1.27. Hub Group has a 52-week low of $33.17 and a 52-week high of $52.25. The firm has a market capitalization of $1.74 billion, a PE ratio of 26.65, a price-to-earnings-growth ratio of 1.40 and a beta of 1.48.
Hub Group (NASDAQ:HUBG) last issued its quarterly earnings data on Thursday, April 26th. The transportation company reported $0.48 EPS for the quarter, topping the Thomson Reuters’ 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 during the quarter, compared to analyst estimates of $1.03 billion. During the same period last year, the business posted $0.31 earnings per share. Hub Group’s quarterly revenue was up 22.8% compared to the same quarter last year. analysts expect that Hub Group will post 2.41 EPS for the current fiscal year.
Hedge funds have recently added to or reduced their stakes in the company. CIBC Asset Management Inc purchased a new position in shares of Hub Group during the fourth quarter valued at approximately $205,000. Aperio Group LLC purchased a new position in shares of Hub Group during the fourth quarter valued at approximately $217,000. Amalgamated Bank purchased a new position in shares of Hub Group during the fourth quarter valued at approximately $226,000. Delpha Capital Management LLC purchased a new position in shares of Hub Group during the fourth quarter valued at approximately $256,000. Finally, Victory Capital Management Inc. increased its position in shares of Hub Group by 47.3% during the first quarter. Victory Capital Management Inc. now owns 5,479 shares of the transportation company’s stock valued at $229,000 after acquiring an additional 1,759 shares in the last quarter. Hedge funds and other institutional investors own 93.04% of the company’s stock.
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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