Very Positive Media Coverage Somewhat Unlikely to Affect Hub Group (NASDAQ:HUBG) Stock Price
Media coverage about Hub Group (NASDAQ:HUBG) has been trending very positive this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hub Group earned a coverage optimism score of 0.50 on Accern’s scale. Accern also gave news headlines about the transportation company an impact score of 43 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern’s analysis:
- KBX Logistics/Georgia-Pacific Names Hub Group 2016 Intermodal Carrier of the Year (finance.yahoo.com)
- Hub Group, Inc. (NASDAQ:HUBG) Experiences Lighter than Usual Trading Volume (highlightpress.com)
- Hub Group, Inc. Schedules Second Quarter 2017 Earnings Conference Call (finance.yahoo.com)
- Canadian Pacific Railway Limited (CP) & Hub Group (NASDAQ:HUBG) Critical Review (americanbankingnews.com)
- Hub Group, Inc. (NASDAQ:HUBG) Traded Well Above Its 50 Day Moving Average (highlightpress.com)
Hub Group (HUBG) traded up 0.25% during mid-day trading on Friday, hitting $39.50. 54,532 shares of the company traded hands. Hub Group has a one year low of $33.45 and a one year high of $52.50. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 19.72 and a beta of 1.42. The company’s 50-day moving average is $37.64 and its 200-day moving average is $42.31.
Hub Group (NASDAQ:HUBG) last issued its quarterly earnings data on Wednesday, April 26th. The transportation company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.01. Hub Group had a return on equity of 11.09% and a net margin of 1.84%. The business had revenue of $893.45 million for the quarter, compared to analysts’ expectations of $891.96 million. During the same period last year, the business earned $0.51 EPS. The business’s revenue was up 10.9% on a year-over-year basis. Analysts predict that Hub Group will post $1.67 EPS for the current year.
Several analysts recently commented on the stock. Zacks Investment Research raised shares of Hub Group from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research note on Wednesday, July 5th. BidaskClub upgraded shares of Hub Group from a “strong sell” rating to a “sell” rating in a report on Thursday, June 29th. Cowen and Company restated a “market perform” rating and set a $41.00 price target (down previously from $44.00) on shares of Hub Group in a report on Thursday, April 27th. Stifel Nicolaus restated a “hold” rating and set a $44.00 price target (down previously from $51.00) on shares of Hub Group in a report on Friday, April 14th. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $42.00 price objective on shares of Hub Group in a research note on Friday, May 19th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. Hub Group presently has an average rating of “Hold” and a consensus target price of $42.43.
Hub Group Company Profile
Hub Group, Inc is an asset-light freight transportation management company. The Company offers intermodal, truck brokerage and logistics services. It operates through two business segments: Mode and Hub. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage and logistics, primarily through agents entering into contractual arrangements with Mode Transportation, LLC (Mode LLC).
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