Analysts Set Hub Group, Inc. (NASDAQ:HUBG) Price Target at $39.60

Hub Group, Inc. (NASDAQ:HUBG) has earned an average rating of “Moderate Buy” from the fourteen brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $39.6364.

A number of equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Hub Group from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a report on Wednesday, July 23rd. JPMorgan Chase & Co. reduced their target price on shares of Hub Group from $43.00 to $41.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. Baird R W raised shares of Hub Group to a “strong-buy” rating in a report on Tuesday, July 1st. Raymond James Financial set a $40.00 target price on shares of Hub Group and gave the stock an “outperform” rating in a report on Tuesday. Finally, Zacks Research lowered shares of Hub Group from a “hold” rating to a “strong sell” rating in a report on Monday, October 6th.

Hub Group Trading Down 0.4%

Shares of Hub Group stock opened at $36.51 on Friday. The firm has a market capitalization of $2.24 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 1.26 and a beta of 1.12. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.08. The firm’s 50 day moving average is $35.83 and its 200 day moving average is $34.61. Hub Group has a 1 year low of $30.75 and a 1 year high of $53.21.

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 company had revenue of $905.65 million for the quarter, compared to analyst estimates of $913.53 million. During the same period in the previous year, the firm posted $0.47 EPS. The firm’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. Equities research analysts forecast that Hub Group will post 2.2 earnings per share for the current fiscal year.

Hub Group Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Principal Financial Group Inc. lifted its position in shares of Hub Group by 2.6% in the 1st 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. KBC Group NV lifted its position in shares of Hub Group by 43.3% in the 1st 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. Blue Trust Inc. lifted its position in shares of Hub Group by 40.5% in the 1st quarter. Blue Trust Inc. now owns 2,478 shares of the transportation company’s stock worth $92,000 after purchasing an additional 714 shares during the period. GAMMA Investing LLC lifted its position 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 worth $46,000 after purchasing an additional 850 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of Hub Group in the 4th quarter worth approximately $206,000. Institutional investors and hedge funds own 46.77% of the company’s stock.

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.