$2.52 EPS Expected for Hub Group, Inc. (NASDAQ:HUBG) This Quarter

Brokerages expect Hub Group, Inc. (NASDAQ:HUBG – Get Rating) to post earnings per share of $2.52 for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Hub Group’s earnings. The highest EPS estimate is $2.65 and the lowest is $2.44. Hub Group posted earnings per share of $0.78 during the same quarter last year, which indicates a positive year-over-year growth rate of 223.1%. The company is scheduled to report its next earnings report on Monday, January 1st.

On average, analysts expect that Hub Group will report full-year earnings of $8.98 per share for the current financial year, with EPS estimates ranging from $6.45 to $9.65. For the next fiscal year, analysts anticipate that the business will report earnings of $7.08 per share, with EPS estimates ranging from $5.65 to $8.25. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that that provide coverage for Hub Group.

Hub Group (NASDAQ:HUBG – Get Rating) last posted its quarterly earnings results on Thursday, April 28th. The transportation company reported $2.58 EPS for the quarter, topping the consensus estimate of $1.46 by $1.12. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.18 billion. Hub Group had a net margin of 5.24% and a return on equity of 18.49%. The business’s revenue was up 41.2% compared to the same quarter last year. During the same period last year, the firm posted $0.51 earnings per share.

HUBG has been the topic of several research reports. JPMorgan Chase & Co. raised shares of Hub Group from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $76.00 to $92.00 in a research note on Friday, April 29th. Wells Fargo & Company lifted their target price on shares of Hub Group from $96.00 to $100.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 9th. Morgan Stanley lifted their target price on shares of Hub Group from $73.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Monday, February 14th. Susquehanna lifted their target price on shares of Hub Group from $83.00 to $105.00 in a research note on Friday, April 29th. Finally, Zacks Investment Research raised shares of Hub Group from a “hold” rating to a “buy” rating and set a $83.00 target price on the stock in a research note on Wednesday, May 4th. Four research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, Hub Group presently has a consensus rating of “Buy” and an average price target of $91.38.

HUBG stock opened at $72.15 on Friday. The company has a market capitalization of $2.50 billion, a PE ratio of 10.13 and a beta of 0.94. Hub Group has a one year low of $60.81 and a one year high of $87.21. The company’s 50 day moving average price is $72.53 and its two-hundred day moving average price is $78.01. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.42 and a current ratio of 1.42.

Several hedge funds have recently made changes to their positions in HUBG. EverSource Wealth Advisors LLC bought a new stake in shares of Hub Group during the 4th quarter valued at $30,000. Point72 Hong Kong Ltd boosted its holdings in shares of Hub Group by 38.1% during the 3rd quarter. Point72 Hong Kong Ltd now owns 602 shares of the transportation company’s stock valued at $41,000 after buying an additional 166 shares in the last quarter. Lazard Asset Management LLC bought a new stake in shares of Hub Group during the 1st quarter valued at $46,000. O Shaughnessy Asset Management LLC boosted its holdings in shares of Hub Group by 27.0% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 800 shares of the transportation company’s stock valued at $55,000 after buying an additional 170 shares in the last quarter. Finally, Pinebridge Investments L.P. purchased a new position in shares of Hub Group in the 4th quarter worth about $76,000. Hedge funds and other institutional investors own 91.81% of the company’s stock.

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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