Hub Group, Inc. (NASDAQ:HUBG) Receives Consensus Rating of “Hold” from Analysts

Hub Group, Inc. (NASDAQ:HUBG) has received an average recommendation of “Hold” from the twelve research firms that are presently covering the stock, MarketBeat.com reports. Eight analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $47.42.

A number of research analysts recently weighed in on HUBG shares. TD Cowen raised their target price on shares of Hub Group from $43.00 to $49.00 and gave the company a “hold” rating in a research report on Thursday, October 31st. Benchmark reaffirmed a “buy” rating and set a $47.00 price target on shares of Hub Group in a research report on Friday, November 1st. Susquehanna upgraded shares of Hub Group from a “neutral” rating to a “positive” rating and set a $55.00 price target for the company in a research note on Friday, January 3rd. Evercore ISI boosted their price objective on shares of Hub Group from $41.00 to $43.00 and gave the stock an “in-line” rating in a research note on Thursday, October 3rd. Finally, Barclays raised their target price on shares of Hub Group from $42.00 to $52.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 13th.

Hub Group Stock Up 0.1 %

HUBG stock opened at $44.17 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.30 and a quick ratio of 1.30. The stock has a market capitalization of $2.71 billion, a P/E ratio of 25.10 and a beta of 0.94. Hub Group has a fifty-two week low of $38.07 and a fifty-two week high of $53.21. The business has a 50-day moving average of $47.87 and a 200-day moving average of $45.38.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings results on Wednesday, October 30th. The transportation company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. The firm had revenue of $986.89 million during the quarter, compared to the consensus estimate of $1.06 billion. Hub Group had a return on equity of 7.44% and a net margin of 2.74%. The business’s revenue was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.49 EPS. On average, sell-side analysts anticipate that Hub Group will post 1.91 earnings per share for the current fiscal year.

Hub Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date was Friday, December 6th. Hub Group’s dividend payout ratio (DPR) is presently 28.41%.

Institutional Investors Weigh In On Hub Group

Large investors have recently modified their holdings of the business. GAMMA Investing LLC raised its holdings in shares of Hub Group by 65.0% during the 3rd quarter. GAMMA Investing LLC now owns 711 shares of the transportation company’s stock worth $32,000 after buying an additional 280 shares in the last quarter. Point72 Hong Kong Ltd acquired a new stake in Hub Group in the second quarter valued at about $34,000. SG Americas Securities LLC bought a new position in Hub Group in the third quarter valued at about $106,000. CWM LLC raised its stake in Hub Group by 24.8% during the third quarter. CWM LLC now owns 2,853 shares of the transportation company’s stock worth $130,000 after acquiring an additional 567 shares in the last quarter. Finally, nVerses Capital LLC acquired a new position in Hub Group during the third quarter worth about $182,000. Institutional investors and hedge funds own 46.77% of the company’s stock.

Hub Group Company Profile

Hub Group, Inc, a supply chain solutions provider, offers transportation and logistics management services in North America. The company's transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation.