A number of research firms have changed their ratings and price targets for Hub Group (NASDAQ: HUBG):

  • 8/28/2017 – Hub Group had its “hold” rating reaffirmed by analysts at Cowen and Company. They now have a $40.00 price target on the stock.
  • 8/25/2017 – Hub Group had its “neutral” rating reaffirmed by analysts at KeyCorp.
  • 8/22/2017 – Hub Group was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/16/2017 – Hub Group was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 8/8/2017 – Hub Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Hub Group, Inc. is a full service transportation provider, offering intermodal, truck brokerage and comprehensive logistics services. “
  • 8/1/2017 – Hub Group was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 7/31/2017 – Hub Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Hub Group, Inc. is a full service transportation provider, offering intermodal, truck brokerage and comprehensive logistics services. “
  • 7/27/2017 – Hub Group had its price target lowered by analysts at Cowen and Company from $42.00 to $40.00. They now have a “market perform” rating on the stock.
  • 7/27/2017 – Hub Group had its price target lowered by analysts at Barclays PLC from $40.00 to $38.00. They now have an “underweight” rating on the stock.
  • 7/6/2017 – Hub Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hub Group, Inc. is a full service transportation provider, offering intermodal, truck brokerage and comprehensive logistics services. “
  • 7/5/2017 – Hub Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $43.00 price target on the stock. According to Zacks, “Hub Group, Inc. is a full service transportation provider, offering intermodal, truck brokerage and comprehensive logistics services. “

Hub Group, Inc. (NASDAQ:HUBG) traded down 1.54% during mid-day trading on Thursday, reaching $38.45. 336,904 shares of the company traded hands. The company has a market capitalization of $1.31 billion, a P/E ratio of 22.90 and a beta of 1.40. Hub Group, Inc. has a 52-week low of $33.17 and a 52-week high of $52.50. The stock has a 50 day moving average price of $36.77 and a 200-day moving average price of $40.66.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Wednesday, July 26th. The transportation company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.37 by $0.08. The business had revenue of $924.50 million during the quarter, compared to the consensus estimate of $930.59 million. Hub Group had a net margin of 1.50% and a return on equity of 9.49%. The firm’s revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.61 earnings per share. Analysts expect that Hub Group, Inc. will post $1.48 EPS for the current fiscal year.

In related news, Director Charles R. Reaves sold 6,000 shares of the firm’s stock in a transaction on Monday, August 28th. The stock was sold at an average price of $37.60, for a total value of $225,600.00. Following the completion of the transaction, the director now directly owns 67,947 shares of the company’s stock, valued at $2,554,807.20. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.36% of the stock is owned by company insiders.

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).

Receive News & Stock Ratings for Hub Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hub Group Inc and related stocks with our FREE daily email newsletter.