Hub Group, Inc. (NASDAQ:HUBG) Given Consensus Rating of “Hold” by Brokerages

Hub Group, Inc. (NASDAQ:HUBG) has been given a consensus rating of “Hold” by the thirteen research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $39.60.

HUBG has been the subject of several recent analyst reports. Barclays lowered their target price on shares of Hub Group from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Thursday, October 2nd. Stifel Nicolaus set a $41.00 target price on shares of Hub Group and gave the company a “buy” rating in a research note on Friday, October 3rd. Robert W. Baird lowered their price objective on shares of Hub Group from $44.00 to $42.00 and set an “outperform” rating for the company in a research report on Monday, August 4th. Susquehanna lowered their price objective on shares of Hub Group from $47.00 to $42.00 and set a “positive” rating for the company in a research report on Wednesday, September 24th. Finally, Benchmark reissued a “buy” rating and set a $40.00 price objective on shares of Hub Group in a research report on Wednesday.

Institutional Investors Weigh In On Hub Group

Several large investors have recently made changes to their positions in HUBG. Farther Finance Advisors LLC increased its position in shares of Hub Group by 440.3% during the first quarter. Farther Finance Advisors LLC now owns 859 shares of the transportation company’s stock worth $32,000 after acquiring an additional 700 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in Hub Group by 33.4% during the second quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock worth $44,000 after purchasing an additional 321 shares during the last quarter. GAMMA Investing LLC boosted its holdings in 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 last quarter. NewEdge Advisors LLC boosted its holdings in Hub Group by 333.8% during the second quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company’s stock worth $50,000 after purchasing an additional 1,145 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in Hub Group by 139,500.0% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,396 shares of the transportation company’s stock worth $52,000 after purchasing an additional 1,395 shares during the last quarter. Institutional investors own 46.77% of the company’s stock.

Hub Group Trading Down 5.6%

HUBG opened at $33.12 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.42 and a quick ratio of 1.42. The company has a market cap of $2.03 billion, a price-to-earnings ratio of 20.07, a price-to-earnings-growth ratio of 1.20 and a beta of 1.12. The firm has a 50 day simple moving average of $35.78 and a 200 day simple moving average of $34.68. Hub Group has a fifty-two week low of $30.75 and a fifty-two week high of $53.21.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The business had revenue of $905.65 million during 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.47 earnings per share. Hub Group has set its FY 2025 guidance at 1.800-2.050 EPS. On average, sell-side analysts anticipate that Hub Group will post 2.2 earnings per share for the current year.

Hub Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Friday, September 12th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.5%. Hub Group’s dividend payout ratio is currently 30.30%.

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.