Hub Group (NASDAQ:HUBG) Price Target Lowered to $42.00 at Susquehanna

Hub Group (NASDAQ:HUBG) had its price target reduced by Susquehanna from $47.00 to $42.00 in a research report sent to investors on Wednesday morning,Benzinga reports. Susquehanna currently has a positive rating on the transportation company’s stock.

A number of other research firms also recently weighed in on HUBG. Deutsche Bank Aktiengesellschaft upgraded shares of Hub Group from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a report on Wednesday, July 23rd. JPMorgan Chase & Co. dropped their target price on shares of Hub Group from $39.00 to $36.00 and set a “neutral” rating on the stock in a report on Tuesday, July 8th. Baird R W upgraded shares of Hub Group to a “strong-buy” rating in a report on Tuesday, July 1st. Robert W. Baird dropped their target price on shares of Hub Group from $44.00 to $42.00 and set an “outperform” rating on the stock in a report on Monday, August 4th. Finally, Stifel Nicolaus dropped their target price on shares of Hub Group from $46.00 to $45.00 and set a “buy” rating on the stock in a report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Hub Group has an average rating of “Moderate Buy” and an average price target of $39.79.

Hub Group Stock Down 3.1%

Hub Group stock opened at $34.63 on Wednesday. The company has a market capitalization of $2.12 billion, a P/E ratio of 20.99, a P/E/G ratio of 1.19 and a beta of 1.15. The firm’s fifty day simple moving average is $35.92 and its 200-day simple moving average is $34.93. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.08. Hub Group has a 1-year low of $30.75 and a 1-year high of $53.21.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The business had revenue of $905.65 million for the quarter, compared to the consensus estimate of $913.53 million. Hub Group had a net margin of 2.65% and a return on equity of 6.81%. Hub Group’s revenue for the quarter was down 8.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.47 EPS. Hub Group has set its FY 2025 guidance at 1.800-2.050 EPS. Sell-side analysts forecast that Hub Group will post 2.2 earnings per share for the current fiscal year.

Hub Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Friday, September 12th were issued a dividend of $0.125 per share. The ex-dividend date was Friday, September 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. Hub Group’s payout ratio is presently 30.30%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HUBG. Squarepoint Ops LLC increased its holdings in shares of Hub Group by 58.6% during the 4th quarter. Squarepoint Ops LLC now owns 55,811 shares of the transportation company’s stock worth $2,487,000 after purchasing an additional 20,613 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Hub Group by 14.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,951 shares of the transportation company’s stock valued at $5,835,000 after acquiring an additional 16,644 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of Hub Group during the 4th quarter valued at about $223,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Hub Group during the 4th quarter valued at about $206,000. Finally, GAMMA Investing LLC boosted its position in shares of Hub Group by 3,711.3% during the 1st quarter. GAMMA Investing LLC now owns 19,514 shares of the transportation company’s stock valued at $7,250,000 after acquiring an additional 19,002 shares in the last quarter. Institutional investors own 46.77% of the company’s stock.

Hub Group Company Profile

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.