Hub Group, Inc. (NASDAQ:HUBG) Receives Consensus Recommendation of “Hold” from Brokerages

Hub Group, Inc. (NASDAQ:HUBG) has earned a consensus recommendation of “Hold” from the fifteen ratings firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $39.8333.

HUBG has been the subject of several recent analyst reports. Raymond James Financial set a $40.00 target price on shares of Hub Group and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. UBS Group restated a “neutral” rating and set a $38.00 price objective (up previously from $36.00) on shares of Hub Group in a report on Friday, October 10th. JPMorgan Chase & Co. upped their target price on Hub Group from $41.00 to $42.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Zacks Research lowered Hub Group from a “hold” rating to a “strong sell” rating in a research note on Monday, October 6th. Finally, Barclays lowered their price target on Hub Group from $40.00 to $38.00 and set an “equal weight” rating for the company in a report on Thursday, October 2nd.

Institutional Trading of Hub Group

Several institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its stake in shares of Hub Group by 161.9% in the 2nd quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock valued at $46,000 after purchasing an additional 850 shares in the last quarter. Polar Asset Management Partners Inc. acquired a new position in Hub Group in the first quarter worth about $1,482,000. Raymond James Financial Inc. increased its holdings in Hub Group by 14.4% in the first quarter. Raymond James Financial Inc. now owns 239,146 shares of the transportation company’s stock valued at $8,890,000 after buying an additional 30,083 shares during the last quarter. State of Alaska Department of Revenue increased its holdings in Hub Group by 7.4% in the second quarter. State of Alaska Department of Revenue now owns 36,140 shares of the transportation company’s stock valued at $1,207,000 after buying an additional 2,480 shares during the last quarter. Finally, Northern Trust Corp raised its stake in Hub Group by 0.9% during the first quarter. Northern Trust Corp now owns 631,515 shares of the transportation company’s stock valued at $23,473,000 after buying an additional 5,800 shares in the last quarter. 46.77% of the stock is owned by hedge funds and other institutional investors.

Hub Group Stock Down 0.7%

Hub Group stock opened at $38.52 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.08. Hub Group has a 52 week low of $30.75 and a 52 week high of $52.24. The business’s 50-day moving average price is $35.61 and its 200 day moving average price is $35.29. The firm has a market cap of $2.36 billion, a price-to-earnings ratio of 23.35, a price-to-earnings-growth ratio of 1.23 and a beta of 1.14.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, hitting analysts’ consensus estimates of $0.49. The firm had revenue of $934.50 million during the quarter, compared to analysts’ expectations of $937.78 million. Hub Group had a return on equity of 6.81% and a net margin of 2.65%.The firm’s quarterly revenue was down 5.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 EPS. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. As a group, 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 declared a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Friday, December 5th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $0.50 annualized dividend and a yield of 1.3%. Hub Group’s dividend payout ratio is 28.90%.

About Hub Group

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.