Hub Group, Inc. (NASDAQ:HUBG) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Hub Group, Inc. (NASDAQ:HUBG) have been given an average rating of “Moderate Buy” by the nineteen ratings firms that are currently covering the company, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $45.5333.

A number of research analysts have recently commented on HUBG shares. Wells Fargo & Company started coverage on shares of Hub Group in a research report on Friday, December 5th. They issued an “overweight” rating and a $47.00 price objective for the company. Stifel Nicolaus set a $52.00 target price on shares of Hub Group and gave the company a “buy” rating in a research note on Wednesday. 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. Cowen restated a “hold” rating on shares of Hub Group in a research note on Monday, January 12th. Finally, Evercore ISI set a $53.00 price objective on Hub Group and gave the company an “outperform” rating in a research report on Monday, January 12th.

Insider Buying and Selling at Hub Group

In other Hub Group news, CEO Phillip D. Yeager sold 32,000 shares of the company’s stock in a transaction 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 transaction, the chief executive officer directly owned 168,315 shares in the company, valued at $7,351,999.20. The trade was a 15.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gary Yablon bought 4,566 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were bought at an average price of $43.73 per share, with a total value of $199,671.18. Following the purchase, the director owned 32,778 shares in the company, valued at $1,433,381.94. The trade was a 16.18% increase in their position. The SEC filing for this purchase provides additional information. 3.48% of the stock is owned by insiders.

Institutional Investors Weigh In On Hub Group

Several hedge funds have recently bought and sold shares of the stock. Millennium Management LLC grew its position in shares of Hub Group by 138.4% in the third quarter. Millennium Management LLC now owns 1,138,461 shares of the transportation company’s stock valued at $39,209,000 after purchasing an additional 661,018 shares during the last quarter. Hudson Bay Capital Management LP boosted its stake in Hub Group by 3,557.4% in the 2nd quarter. Hudson Bay Capital Management LP now owns 505,787 shares of the transportation company’s stock valued at $16,908,000 after purchasing an additional 491,958 shares during the period. River Road Asset Management LLC grew its holdings in Hub Group by 79.2% in the 2nd quarter. River Road Asset Management LLC now owns 1,103,402 shares of the transportation company’s stock valued at $38,641,000 after buying an additional 487,703 shares in the last quarter. Two Sigma Investments LP increased its position in Hub Group by 969.5% during the 3rd quarter. Two Sigma Investments LP now owns 436,144 shares of the transportation company’s stock worth $15,021,000 after buying an additional 395,362 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of Hub Group by 149.7% during the second quarter. Qube Research & Technologies Ltd now owns 560,265 shares of the transportation company’s stock worth $18,730,000 after buying an additional 335,871 shares in the last quarter. 46.77% of the stock is currently owned by institutional investors and hedge funds.

Hub Group Stock Down 1.2%

NASDAQ:HUBG opened at $46.87 on Monday. Hub Group has a twelve month low of $30.75 and a twelve month high of $47.68. The firm has a market capitalization of $2.87 billion, a price-to-earnings ratio of 27.09, a price-to-earnings-growth ratio of 1.34 and a beta of 1.14. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.09. The stock’s 50 day moving average price is $41.49 and its two-hundred day moving average price is $37.68.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, meeting the consensus estimate of $0.49. The company had revenue of $934.50 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.52 EPS. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. Equities research analysts expect that Hub Group will post 2.2 earnings per share for the current fiscal year.

Hub Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Friday, December 5th were given a dividend of $0.125 per share. 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 28.90%.

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.