BidaskClub upgraded shares of Hub Group (NASDAQ:HUBG) from a hold rating to a buy rating in a research report released on Saturday morning.

A number of other equities analysts also recently issued reports on HUBG. Zacks Investment Research downgraded Hub Group from a hold rating to a sell rating in a report on Tuesday, August 8th. KeyCorp reaffirmed a neutral rating on shares of Hub Group in a report on Friday, August 25th. Cowen reaffirmed a hold rating and issued a $40.00 price target on shares of Hub Group in a report on Monday, August 28th. Stifel Nicolaus reaffirmed a buy rating and issued a $45.00 price target on shares of Hub Group in a report on Thursday, September 7th. Finally, BMO Capital Markets reaffirmed a hold rating and issued a $42.00 price target on shares of Hub Group in a report on Wednesday, September 20th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of $45.36.

Hub Group (NASDAQ:HUBG) opened at $46.40 on Friday. Hub Group has a 52-week low of $33.17 and a 52-week high of $52.50. The company has a market capitalization of $1,590.00, a PE ratio of 27.66, a PEG ratio of 1.87 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.19 and a current ratio of 1.19.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings data on Thursday, October 26th. The transportation company reported $0.46 EPS for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.06. Hub Group had a return on equity of 9.34% and a net margin of 1.45%. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the previous year, the company posted $0.54 earnings per share. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. research analysts predict that Hub Group will post 1.69 EPS for the current year.

Institutional investors have recently added to or reduced their stakes in the company. Fieldpoint Private Securities LLC purchased a new stake in shares of Hub Group during the third quarter worth approximately $100,000. Zions Bancorporation purchased a new stake in shares of Hub Group during the third quarter worth approximately $143,000. Quantbot Technologies LP raised its position in Hub Group by 37.8% in the second quarter. Quantbot Technologies LP now owns 3,338 shares of the transportation company’s stock worth $128,000 after acquiring an additional 915 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in Hub Group by 12.7% in the second quarter. Public Employees Retirement System of Ohio now owns 5,079 shares of the transportation company’s stock worth $195,000 after acquiring an additional 573 shares in the last quarter. Finally, US Bancorp DE raised its position in Hub Group by 235.9% in the second quarter. US Bancorp DE now owns 5,525 shares of the transportation company’s stock worth $212,000 after acquiring an additional 3,880 shares in the last quarter. Institutional investors and hedge funds own 93.87% of the company’s stock.

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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).

Analyst Recommendations for Hub Group (NASDAQ:HUBG)

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