Hub Group (NASDAQ:HUBG) Sets New 1-Year High – Should You Buy?

Hub Group, Inc. (NASDAQ:HUBG)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $47.74 and last traded at $48.1950, with a volume of 113067 shares. The stock had previously closed at $45.98.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Hub Group in a research report on Monday, December 29th. Wolfe Research reiterated an “outperform” rating and set a $50.00 target price on shares of Hub Group in a research note on Thursday, January 8th. Raymond James Financial set a $40.00 target price on shares of Hub Group and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Robert W. Baird set a $47.00 price target on shares of Hub Group in a report on Tuesday, January 6th. Finally, Benchmark reaffirmed a “buy” rating and set a $40.00 price objective on shares of Hub Group in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $45.53.

Hub Group Stock Performance

The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.09. The company’s 50-day moving average is $41.92 and its two-hundred day moving average is $37.83. The stock has a market capitalization of $2.93 billion, a P/E ratio of 27.71, a P/E/G ratio of 1.34 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 the consensus estimate of $0.49. The firm had revenue of $934.50 million during the quarter, compared to analysts’ expectations of $937.78 million. Hub Group had a net margin of 2.82% and a return on equity of 6.58%. Hub Group’s quarterly revenue was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.52 EPS. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. As a group, sell-side analysts anticipate that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.

Hub Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Friday, December 5th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, December 5th. Hub Group’s dividend payout ratio (DPR) is currently 28.90%.

Insider Buying and Selling at Hub Group

In related news, CEO Phillip D. Yeager sold 32,000 shares of Hub Group stock in a transaction dated Thursday, December 11th. The shares were 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. The trade was a 15.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gary Yablon bought 4,566 shares of the stock in a transaction on Thursday, December 11th. The shares were bought at an average cost of $43.73 per share, for a total transaction of $199,671.18. Following the purchase, the director owned 32,778 shares in the company, valued at $1,433,381.94. This trade represents a 16.18% increase in their position. The SEC filing for this purchase provides additional information. 3.48% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in HUBG. Moody National Bank Trust Division lifted its position in Hub Group by 29.1% in the fourth quarter. Moody National Bank Trust Division now owns 11,596 shares of the transportation company’s stock worth $494,000 after purchasing an additional 2,615 shares during the period. Legacy Wealth Asset Management LLC acquired a new position in shares of Hub Group during the 4th quarter valued at $216,000. SG Americas Securities LLC raised its stake in shares of Hub Group by 148.3% in the 4th quarter. SG Americas Securities LLC now owns 75,985 shares of the transportation company’s stock worth $3,238,000 after buying an additional 45,381 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Hub Group by 111.8% in the third quarter. CIBC Private Wealth Group LLC now owns 3,755 shares of the transportation company’s stock valued at $129,000 after buying an additional 1,982 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new position in Hub Group during the third quarter valued at about $219,000. Institutional investors and hedge funds own 46.77% of the company’s stock.

About Hub Group

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.