Hub Group (NASDAQ:HUBG) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.

A number of other research firms have also recently issued reports on HUBG. ValuEngine cut Hub Group from a “hold” rating to a “sell” rating in a report on Thursday, December 13th. Stephens boosted their price objective on Hub Group to $55.00 and gave the company an “overweight” rating in a report on Friday, February 8th. They noted that the move was a valuation call. Zacks Investment Research cut Hub Group from a “buy” rating to a “hold” rating in a report on Tuesday, January 15th. Finally, UBS Group cut Hub Group from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $53.00 to $48.00 in a report on Tuesday, December 4th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. Hub Group currently has a consensus rating of “Hold” and an average target price of $55.90.

HUBG opened at $41.73 on Wednesday. Hub Group has a 52-week low of $34.02 and a 52-week high of $56.60. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market cap of $1.49 billion, a P/E ratio of 15.99 and a beta of 1.68.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, February 7th. The transportation company reported $1.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.11. Hub Group had a return on equity of 11.14% and a net margin of 4.77%. The company had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $972.54 million. During the same quarter in the previous year, the business earned $0.74 EPS. Hub Group’s revenue was up 12.0% compared to the same quarter last year. As a group, research analysts forecast that Hub Group will post 3.26 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Piedmont Investment Advisors Inc. lifted its holdings in shares of Hub Group by 3.0% in the 4th quarter. Piedmont Investment Advisors Inc. now owns 7,982 shares of the transportation company’s stock worth $296,000 after buying an additional 229 shares during the period. Stifel Financial Corp lifted its holdings in shares of Hub Group by 2.8% in the 4th quarter. Stifel Financial Corp now owns 10,497 shares of the transportation company’s stock worth $389,000 after buying an additional 286 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Hub Group by 28.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,076 shares of the transportation company’s stock worth $76,000 after buying an additional 456 shares during the period. Thrivent Financial for Lutherans lifted its holdings in shares of Hub Group by 2.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 24,068 shares of the transportation company’s stock worth $892,000 after buying an additional 529 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Hub Group by 30.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,336 shares of the transportation company’s stock worth $87,000 after buying an additional 544 shares during the period. Institutional investors own 89.31% of the company’s stock.

About Hub Group

Hub Group, Inc, an asset-light freight transportation management company, provides intermodal, truck brokerage, and logistics services in North America. It operates through two segments, Mode and Hub. Its intermodal services include arranging for the movement of its customers' freight in containers and trailers over long distances.

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Analyst Recommendations for Hub Group (NASDAQ:HUBG)

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