Hub Group (NASDAQ:HUBG) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Friday.
HUBG has been the topic of a number of other research reports. Stephens reissued an “overweight” rating and issued a $57.00 target price (up previously from $50.00) on shares of Hub Group in a research report on Thursday, December 14th. Stifel Nicolaus reissued a “hold” rating and issued a $45.00 target price on shares of Hub Group in a research report on Thursday, April 5th. Zacks Investment Research raised Hub Group from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Tuesday, January 16th. Morgan Stanley boosted their target price on Hub Group from $40.00 to $43.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 13th. Finally, Robert W. Baird raised Hub Group from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $45.00 to $55.00 in a research report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $48.00.
HUBG opened at $41.70 on Friday. Hub Group has a one year low of $33.17 and a one year high of $52.25. The company has a market capitalization of $1,427.98, a P/E ratio of 21.83, a price-to-earnings-growth ratio of 1.22 and a beta of 1.44. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.26 and a current ratio of 1.26.
Hub Group (NASDAQ:HUBG) last released its quarterly earnings data on Thursday, February 8th. The transportation company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.22. The firm had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Hub Group had a return on equity of 9.36% and a net margin of 3.35%. The firm’s quarterly revenue was up 18.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.55 earnings per share. analysts anticipate that Hub Group will post 2.32 EPS for the current year.
Several institutional investors have recently bought and sold shares of the company. MetLife Investment Advisors LLC purchased a new stake in shares of Hub Group during the fourth quarter worth $724,000. Metropolitan Life Insurance Co. NY purchased a new position in Hub Group in the fourth quarter valued at $481,000. Teachers Advisors LLC increased its holdings in Hub Group by 1.4% in the fourth quarter. Teachers Advisors LLC now owns 146,863 shares of the transportation company’s stock valued at $7,035,000 after buying an additional 2,075 shares during the last quarter. Raymond James & Associates increased its holdings in Hub Group by 160.1% in the fourth quarter. Raymond James & Associates now owns 12,158 shares of the transportation company’s stock valued at $582,000 after buying an additional 7,483 shares during the last quarter. Finally, Luminus Management LLC purchased a new position in Hub Group in the fourth quarter valued at $1,002,000. 92.87% of the stock is currently owned by institutional investors and hedge funds.
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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).
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