Barclays restated their sell rating on shares of Hub Group (NASDAQ:HUBG) in a research note published on Wednesday morning. The firm currently has a $45.00 target price on the transportation company’s stock.

A number of other research firms have also weighed in on HUBG. BidaskClub raised Hub Group from a hold rating to a buy rating in a research note on Saturday, December 2nd. UBS boosted their target price on Hub Group from $47.00 to $48.00 and gave the company a buy rating in a research note on Friday, October 27th. Wells Fargo & Company reissued a market perform rating and issued a $46.00 target price (up previously from $37.00) on shares of Hub Group in a research note on Thursday, November 2nd. They noted that the move was a valuation call. Zacks Investment Research raised Hub Group from a hold rating to a buy rating and set a $48.00 target price for the company in a research note on Monday, October 2nd. Finally, Stifel Nicolaus reaffirmed a buy rating and set a $50.00 price target on shares of Hub Group in a research report on Sunday, October 1st. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $46.75.

Hub Group (NASDAQ HUBG) traded up $0.50 on Wednesday, hitting $47.05. The stock had a trading volume of 334,600 shares, compared to its average volume of 321,815. Hub Group has a 1 year low of $33.17 and a 1 year high of $52.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.19 and a quick ratio of 1.19. The stock has a market cap of $1,587.96, a PE ratio of 27.22, a P/E/G ratio of 1.84 and a beta of 1.49.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, October 26th. The transportation company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.06. Hub Group had a return on equity of 8.87% and a net margin of 1.39%. The firm had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the prior year, the business earned $0.54 EPS. The company’s revenue for the quarter was up 13.0% compared to the same quarter last year. research analysts expect that Hub Group will post 1.69 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HUBG. US Bancorp DE raised its position in Hub Group by 235.9% during the 2nd quarter. US Bancorp DE now owns 5,525 shares of the transportation company’s stock valued at $212,000 after purchasing an additional 3,880 shares during the last quarter. Strs Ohio raised its position in shares of Hub Group by 5.9% in the 2nd quarter. Strs Ohio now owns 23,200 shares of the transportation company’s stock worth $889,000 after acquiring an additional 1,300 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its position in shares of Hub Group by 4.1% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,900 shares of the transportation company’s stock worth $303,000 after acquiring an additional 310 shares in the last quarter. Great West Life Assurance Co. Can raised its position in shares of Hub Group by 2.9% in the 2nd quarter. Great West Life Assurance Co. Can now owns 48,606 shares of the transportation company’s stock worth $1,862,000 after acquiring an additional 1,360 shares in the last quarter. Finally, Texas Permanent School Fund raised its position in shares of Hub Group by 0.9% in the 2nd quarter. Texas Permanent School Fund now owns 24,441 shares of the transportation company’s stock worth $937,000 after acquiring an additional 208 shares in the last quarter. 93.87% of the stock is owned by institutional investors and hedge funds.

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About Hub Group

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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