Hub Group (NASDAQ:HUBG) Cut to Sell (D+) at Weiss Ratings

Weiss Ratings downgraded shares of Hub Group (NASDAQ:HUBG) from a hold (c-) rating to a sell (d+) rating in a report issued on Saturday morning,Weiss Ratings reports.

Several other equities analysts have also recently issued reports on the stock. Robert W. Baird decreased their price target 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. Zacks Research cut shares of Hub Group from a “hold” rating to a “strong sell” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. decreased their price objective on shares of Hub Group from $43.00 to $41.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Susquehanna decreased 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, Raymond James Financial set a $40.00 price objective on shares of Hub Group and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Hub Group presently has an average rating of “Hold” and a consensus price target of $39.64.

Hub Group Trading Up 1.4%

Shares of NASDAQ HUBG opened at $36.12 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.42 and a current ratio of 1.42. Hub Group has a 52-week low of $30.75 and a 52-week high of $53.21. The firm has a 50 day moving average price of $35.89 and a two-hundred day moving average price of $34.70. The stock has a market cap of $2.21 billion, a P/E ratio of 21.89, a price-to-earnings-growth ratio of 1.23 and a beta of 1.12.

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

Hub Group Announces Dividend

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

Institutional Investors Weigh In On Hub Group

A number of large investors have recently bought and sold shares of HUBG. Oppenheimer Asset Management Inc. grew its holdings in Hub Group by 19.0% in the first quarter. Oppenheimer Asset Management Inc. now owns 7,868 shares of the transportation company’s stock worth $292,000 after purchasing an additional 1,258 shares during the period. Highland Capital Management LLC grew its holdings in Hub Group by 25.1% in the first quarter. Highland Capital Management LLC now owns 6,786 shares of the transportation company’s stock worth $252,000 after purchasing an additional 1,362 shares during the period. KBC Group NV grew its holdings in Hub Group by 43.3% in the first quarter. KBC Group NV now owns 3,681 shares of the transportation company’s stock worth $137,000 after purchasing an additional 1,113 shares during the period. Teacher Retirement System of Texas grew its holdings in Hub Group by 585.6% in the first quarter. Teacher Retirement System of Texas now owns 136,935 shares of the transportation company’s stock worth $5,090,000 after purchasing an additional 116,963 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in Hub Group by 2.6% in the first quarter. Principal Financial Group Inc. now owns 302,467 shares of the transportation company’s stock worth $11,243,000 after purchasing an additional 7,729 shares during the period. 46.77% of the stock is currently owned by institutional investors and hedge funds.

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.