Hub Group (NASDAQ:HUBG) Upgraded at Susquehanna

Hub Group (NASDAQ:HUBGGet Rating) was upgraded by stock analysts at Susquehanna from a “neutral” rating to a “positive” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

Several other analysts have also commented on the stock. Zacks Investment Research lowered shares of Hub Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 12th. UBS Group raised their price target on shares of Hub Group from $90.00 to $93.00 and gave the company a “buy” rating in a research report on Wednesday, February 9th. Barclays raised their price target on shares of Hub Group from $78.00 to $85.00 in a research report on Thursday, February 10th. StockNews.com assumed coverage on shares of Hub Group in a research report on Thursday, March 31st. They set a “buy” rating on the stock. Finally, JPMorgan Chase & Co. dropped their price target on shares of Hub Group from $92.00 to $76.00 and set a “neutral” rating on the stock in a research report on Friday, April 8th. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $89.71.

NASDAQ:HUBG opened at $65.72 on Tuesday. The firm has a market capitalization of $2.28 billion, a P/E ratio of 13.01 and a beta of 0.91. Hub Group has a 1-year low of $60.81 and a 1-year high of $87.21. The company’s fifty day moving average price is $75.30 and its 200-day moving average price is $78.29. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.30 and a quick ratio of 1.30.

Hub Group (NASDAQ:HUBGGet Rating) last released its quarterly earnings data on Tuesday, February 8th. The transportation company reported $2.48 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.42 by $1.06. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.18 billion. Hub Group had a net margin of 4.05% and a return on equity of 13.78%. The business’s quarterly revenue was up 31.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.81 earnings per share. Equities analysts anticipate that Hub Group will post 6.14 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of HUBG. Morgan Stanley lifted its stake in shares of Hub Group by 45.0% in the second quarter. Morgan Stanley now owns 396,941 shares of the transportation company’s stock worth $26,190,000 after buying an additional 123,230 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its stake in shares of Hub Group by 18.1% in the third quarter. State of New Jersey Common Pension Fund D now owns 40,307 shares of the transportation company’s stock worth $2,771,000 after buying an additional 6,180 shares in the last quarter. Raymond James & Associates lifted its stake in shares of Hub Group by 23.4% in the third quarter. Raymond James & Associates now owns 7,952 shares of the transportation company’s stock worth $547,000 after buying an additional 1,510 shares in the last quarter. Advisory Services Network LLC lifted its stake in shares of Hub Group by 38.0% in the third quarter. Advisory Services Network LLC now owns 5,445 shares of the transportation company’s stock worth $374,000 after buying an additional 1,500 shares in the last quarter. Finally, Brasada Capital Management LP purchased a new position in shares of Hub Group in the third quarter worth about $344,000. 91.52% of the stock is currently owned by hedge funds and other institutional investors.

Hub Group Company Profile (Get Rating)

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.

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