Hub Group, Inc. (NASDAQ:HUBG) Given Average Rating of “Moderate Buy” by Analysts

Shares of Hub Group, Inc. (NASDAQ:HUBG) have been given an average recommendation of “Moderate Buy” by the seventeen research firms that are currently covering the company, Marketbeat reports. Nine analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $41.2857.

Several equities research analysts have issued reports on HUBG shares. BMO Capital Markets increased their target price on Hub Group from $38.00 to $40.00 and gave the stock a “market perform” rating in a research report on Monday, November 3rd. JPMorgan Chase & Co. increased their price target on shares of Hub Group from $41.00 to $42.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Barclays reduced their price objective 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. Susquehanna dropped their price objective on Hub Group from $47.00 to $42.00 and set a “positive” rating for the company in a research note on Wednesday, September 24th. Finally, Raymond James Financial set a $40.00 target price on Hub Group and gave the stock an “outperform” rating in a research report on Tuesday, October 14th.

Insider Buying and Selling at Hub Group

In related news, Director Gary Yablon acquired 4,566 shares of the stock in a transaction dated Thursday, December 11th. The shares were purchased at an average price of $43.73 per share, for a total transaction of $199,671.18. Following the transaction, the director owned 32,778 shares in the company, valued at $1,433,381.94. This represents a 16.18% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Phillip D. Yeager sold 32,000 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $43.68, for a total transaction of $1,397,760.00. Following the completion of the transaction, the chief executive officer owned 168,315 shares of the company’s stock, valued at $7,351,999.20. This trade represents a 15.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 3.48% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in HUBG. CIBC Private Wealth Group LLC grew its stake in shares of Hub Group by 111.8% during the third quarter. CIBC Private Wealth Group LLC now owns 3,755 shares of the transportation company’s stock valued at $129,000 after buying an additional 1,982 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in Hub Group during the 3rd quarter worth approximately $219,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Hub Group by 884.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,486 shares of the transportation company’s stock worth $51,000 after purchasing an additional 1,335 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its position in Hub Group by 12.3% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 162,569 shares of the transportation company’s stock valued at $5,599,000 after buying an additional 17,746 shares during the period. Finally, CANADA LIFE ASSURANCE Co boosted its position in Hub Group by 2.8% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 53,215 shares of the transportation company’s stock valued at $1,838,000 after buying an additional 1,457 shares during the period. 46.77% of the stock is owned by hedge funds and other institutional investors.

Hub Group Stock Up 0.0%

Shares of NASDAQ HUBG opened at $43.94 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.47 and a quick ratio of 1.47. The stock has a market capitalization of $2.69 billion, a PE ratio of 25.40, a P/E/G ratio of 1.54 and a beta of 1.16. Hub Group has a one year low of $30.75 and a one year high of $46.63. The business’s fifty day moving average price is $38.41 and its 200-day moving average price is $36.30.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 earnings per share for the quarter, hitting the consensus estimate of $0.49. The company had revenue of $934.50 million during the quarter, compared to analyst estimates of $937.78 million. Hub Group had a return on equity of 6.58% and a net margin of 2.82%.The firm’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.52 EPS. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. On average, equities research analysts anticipate 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, December 17th. Shareholders of record on Friday, December 5th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, December 5th. Hub Group’s payout ratio is currently 28.90%.

About Hub Group

Hub Group, Inc (NASDAQ: HUBG) is a leading supply chain solutions provider headquartered in Oak Brook, Illinois. Founded in 1971 as Hub City Terminals and renamed Hub Group in 1978, the company completed its initial public offering in 2007. Over the decades, Hub Group has developed a comprehensive multimodal transportation network, leveraging partnerships with major rail carriers and an extensive drayage fleet to offer cost-efficient, sustainable shipping alternatives.

The company operates through two primary segments: Intermodal and Transportation Management.