Hub Group (NASDAQ:HUBG) Price Target Raised to $55.00 at Susquehanna

Hub Group (NASDAQ:HUBG) had its price target boosted by Susquehanna from $42.00 to $55.00 in a research report released on Thursday morning, Marketbeat.com reports. Susquehanna currently has a positive rating on the transportation company’s stock.

HUBG has been the subject of several other reports. Evercore ISI boosted their target price on Hub Group from $37.00 to $38.00 and gave the stock an “in-line” rating in a report on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hub Group in a report on Monday, December 29th. Benchmark reissued a “buy” rating and set a $40.00 price target on shares of Hub Group in a research note on Wednesday, October 8th. Morgan Stanley set a $46.00 target price on shares of Hub Group and gave the stock an “equal weight” rating in a report on Monday, December 8th. Finally, Raymond James Financial set a $40.00 price target on Hub Group and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.07.

Hub Group Price Performance

HUBG stock opened at $45.83 on Thursday. The firm has a market capitalization of $2.80 billion, a PE ratio of 26.49, a P/E/G ratio of 1.28 and a beta of 1.14. The firm has a 50-day moving average of $40.13 and a two-hundred day moving average of $37.09. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.09. Hub Group has a one year low of $30.75 and a one year high of $46.63.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.49 earnings per share for the quarter, meeting the consensus estimate of $0.49. Hub Group had a return on equity of 6.58% and a net margin of 2.82%.The firm had revenue of $934.50 million for the quarter, compared to analyst estimates of $937.78 million. During the same period in the previous year, the firm earned $0.52 earnings per share. Hub Group’s quarterly revenue was down 5.3% on a year-over-year basis. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. On average, analysts forecast that Hub Group will post 2.2 earnings per share for the current year.

Hub Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Friday, December 5th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.1%. Hub Group’s dividend payout ratio (DPR) is currently 28.90%.

Insider Buying and Selling at Hub Group

In related news, CEO Phillip D. Yeager sold 32,000 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $43.68, for a total value 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 represents a 15.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gary Yablon acquired 4,566 shares of the stock in a transaction dated Thursday, December 11th. The stock was purchased at an average cost of $43.73 per share, with a total value of $199,671.18. Following the purchase, the director directly owned 32,778 shares of the company’s stock, valued at $1,433,381.94. This trade represents a 16.18% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.48% of the stock is owned by insiders.

Institutional Investors Weigh In On Hub Group

A number of institutional investors have recently modified their holdings of HUBG. Royal Bank of Canada increased its stake in shares of Hub Group by 24.5% in the 1st quarter. Royal Bank of Canada now owns 11,723 shares of the transportation company’s stock valued at $435,000 after acquiring an additional 2,305 shares in the last quarter. AQR Capital Management LLC increased its stake in Hub Group by 4.9% in the 1st quarter. AQR Capital Management LLC now owns 59,029 shares of the transportation company’s stock worth $2,194,000 after acquiring an additional 2,761 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Hub Group by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,637 shares of the transportation company’s stock worth $1,325,000 after purchasing an additional 1,542 shares in the last quarter. Caxton Associates LLP purchased a new stake in Hub Group during the 1st quarter valued at about $462,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Hub Group by 3.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 135,795 shares of the transportation company’s stock valued at $5,048,000 after purchasing an additional 4,844 shares during the last quarter. 46.77% of the stock is owned by institutional investors.

Hub Group Company Profile

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.