Hub Group (NASDAQ:HUBG) Price Target Raised to $55.00

Hub Group (NASDAQ:HUBG) had its price objective increased by Susquehanna from $42.00 to $55.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “positive” rating on the transportation company’s stock. Susquehanna’s target price would indicate a potential upside of 22.51% from the stock’s previous close.

A number of other equities analysts also recently commented on the company. Raymond James Financial set a $40.00 price target on Hub Group and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. BMO Capital Markets lifted their target price on Hub Group from $38.00 to $40.00 and gave the company a “market perform” rating in a research note on Monday, November 3rd. Stifel Nicolaus set a $48.00 price objective on Hub Group and gave the stock a “buy” rating in a research note on Tuesday, December 16th. Robert W. Baird set a $47.00 price target on shares of Hub Group in a research report on Tuesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Hub Group in a research report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $42.57.

Hub Group Price Performance

Hub Group stock opened at $44.90 on Thursday. Hub Group has a 52-week low of $30.75 and a 52-week high of $46.63. 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’s 50 day moving average is $39.92 and its two-hundred day moving average is $37.03. The firm has a market cap of $2.75 billion, a PE ratio of 26.02, a price-to-earnings-growth ratio of 1.28 and a beta of 1.14.

Hub Group (NASDAQ:HUBG) last posted its earnings results on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, hitting analysts’ consensus estimates of $0.49. Hub Group had a return on equity of 6.58% and a net margin of 2.82%.The company had revenue of $934.50 million for the quarter, compared to the consensus estimate of $937.78 million. During the same period in the previous year, the business earned $0.52 earnings per share. Hub Group’s quarterly revenue was down 5.3% compared to the same quarter last year. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. On average, research analysts expect that Hub Group will post 2.2 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Phillip D. Yeager sold 32,000 shares of the stock in a transaction that occurred 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 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gary Yablon bought 4,566 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was bought at an average cost of $43.73 per share, with a total value of $199,671.18. Following the completion of the purchase, the director owned 32,778 shares of the company’s stock, valued at approximately $1,433,381.94. The trade was 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 currently owned by company insiders.

Institutional Trading of Hub Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in HUBG. Frazier Financial Advisors LLC bought a new stake in shares of Hub Group in the 3rd quarter valued at about $35,000. Quarry LP raised its stake in Hub Group by 271.5% during the 3rd quarter. Quarry LP now owns 1,107 shares of the transportation company’s stock worth $38,000 after buying an additional 809 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Hub Group by 33.4% in the second quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock worth $44,000 after acquiring an additional 321 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Hub Group by 161.9% during the second quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock worth $46,000 after purchasing an additional 850 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of Hub Group by 333.8% in the 2nd quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company’s stock valued at $50,000 after purchasing an additional 1,145 shares during the period. 46.77% of the stock is owned by institutional investors.

Hub Group Company Profile

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.