Hub Group, Inc. (NASDAQ:HUBG) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Hub Group, Inc. (NASDAQ:HUBGGet Free Report) have earned an average recommendation of “Moderate Buy” from the nineteen brokerages that are currently covering the company, Marketbeat.com reports. Eight research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $45.5333.

HUBG has been the topic of a number of recent research reports. Morgan Stanley set a $46.00 price objective on Hub Group and gave the stock an “equal weight” rating in a research note on Monday, December 8th. Robert W. Baird set a $47.00 price target on Hub Group in a research report on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hub Group in a research note on Monday, December 29th. Zacks Research raised shares of Hub Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 1st. Finally, Susquehanna raised their target price on shares of Hub Group from $42.00 to $55.00 and gave the company a “positive” rating in a report on Thursday, January 8th.

Read Our Latest Report on HUBG

Hub Group Stock Performance

NASDAQ HUBG opened at $46.87 on Monday. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $2.87 billion, a P/E ratio of 27.09, a P/E/G ratio of 1.34 and a beta of 1.14. Hub Group has a 12-month low of $30.75 and a 12-month high of $47.68. The firm has a 50-day moving average price of $41.49 and a two-hundred day moving average price of $37.68.

Hub Group (NASDAQ:HUBGGet Free Report) last announced its earnings results on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, hitting the consensus estimate of $0.49. Hub Group had a net margin of 2.82% and a return on equity of 6.58%. The company had revenue of $934.50 million for the quarter, compared to analysts’ expectations of $937.78 million. During the same period last year, the firm earned $0.52 earnings per share. The business’s revenue for the quarter was down 5.3% on a year-over-year basis. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. Analysts anticipate that Hub Group will post 2.2 earnings per share for the current year.

Hub Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Friday, December 5th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, December 5th. Hub Group’s dividend payout ratio (DPR) is 28.90%.

Insider Activity at Hub Group

In other Hub Group news, CEO Phillip D. Yeager sold 32,000 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $43.68, for a total transaction of $1,397,760.00. Following the completion of the sale, the chief executive officer directly owned 168,315 shares in the company, valued at $7,351,999.20. This represents a 15.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gary Yablon bought 4,566 shares of Hub Group stock in a transaction on Thursday, December 11th. The stock was acquired at an average cost of $43.73 per share, for a total transaction of $199,671.18. Following the acquisition, the director owned 32,778 shares in the company, valued at approximately $1,433,381.94. This represents a 16.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 3.48% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Millennium Management LLC raised its stake in Hub Group by 138.4% during the third quarter. Millennium Management LLC now owns 1,138,461 shares of the transportation company’s stock worth $39,209,000 after acquiring an additional 661,018 shares in the last quarter. Hudson Bay Capital Management LP grew its holdings in shares of Hub Group by 3,557.4% during the 2nd quarter. Hudson Bay Capital Management LP now owns 505,787 shares of the transportation company’s stock valued at $16,908,000 after purchasing an additional 491,958 shares during the last quarter. River Road Asset Management LLC increased its position in Hub Group by 79.2% during the 2nd quarter. River Road Asset Management LLC now owns 1,103,402 shares of the transportation company’s stock worth $38,641,000 after purchasing an additional 487,703 shares in the last quarter. Two Sigma Investments LP increased its position in Hub Group by 969.5% during the 3rd quarter. Two Sigma Investments LP now owns 436,144 shares of the transportation company’s stock worth $15,021,000 after purchasing an additional 395,362 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its stake in Hub Group by 149.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 560,265 shares of the transportation company’s stock valued at $18,730,000 after purchasing an additional 335,871 shares during the last quarter. Institutional investors own 46.77% of the company’s stock.

About Hub Group

(Get Free Report)

Hub Group, Inc (NASDAQ: HUBG) is a leading supply chain solutions provider headquartered in Oak Brook, Illinois. Founded in 1971 as Hub City Terminals and renamed Hub Group in 1978, the company completed its initial public offering in 2007. Over the decades, Hub Group has developed a comprehensive multimodal transportation network, leveraging partnerships with major rail carriers and an extensive drayage fleet to offer cost-efficient, sustainable shipping alternatives.

The company operates through two primary segments: Intermodal and Transportation Management.

See Also

Analyst Recommendations for Hub Group (NASDAQ:HUBG)

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