Brokerages Set Hub Group, Inc. (NASDAQ:HUBG) PT at $41.29

Hub Group, Inc. (NASDAQ:HUBG) has been assigned an average recommendation of “Moderate Buy” from the seventeen research firms that are presently covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $41.2857.

Several research analysts have weighed in on HUBG shares. Evercore ISI upped their price objective on shares of Hub Group from $37.00 to $38.00 and gave the stock an “in-line” rating in a report on Friday, October 31st. UBS Group reissued a “neutral” rating and set a $38.00 target price (up from $36.00) on shares of Hub Group in a research report on Friday, October 10th. Susquehanna dropped their price target on shares of Hub Group from $47.00 to $42.00 and set a “positive” rating on the stock in a research report on Wednesday, September 24th. Morgan Stanley set a $46.00 price target on Hub Group and gave the company an “equal weight” rating in a research note on Monday, December 8th. Finally, Zacks Research raised Hub Group from a “strong sell” rating to a “hold” rating in a research note on Monday, December 1st.

Insider Buying and Selling at Hub Group

In other news, Director Gary Yablon acquired 4,566 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were purchased at an average cost of $43.73 per share, with a total value of $199,671.18. Following the acquisition, the director directly owned 32,778 shares of the company’s stock, valued at $1,433,381.94. The trade was a 16.18% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Phillip D. Yeager sold 32,000 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $43.68, for a total transaction of $1,397,760.00. Following the completion of the sale, the chief executive officer owned 168,315 shares of the company’s stock, valued at approximately $7,351,999.20. The trade was a 15.97% decrease in their position. The SEC filing for this sale provides additional information. 3.48% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Hub Group

Institutional investors have recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC purchased a new stake in Hub Group in the 3rd quarter valued at about $35,000. Quarry LP increased its position in shares of Hub Group by 271.5% during the third quarter. Quarry LP now owns 1,107 shares of the transportation company’s stock valued at $38,000 after acquiring an additional 809 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Hub Group by 33.4% during the second quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock worth $44,000 after acquiring an additional 321 shares during the period. GAMMA Investing LLC lifted its holdings in Hub Group by 161.9% during the second quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock worth $46,000 after acquiring an additional 850 shares during the period. Finally, NewEdge Advisors LLC boosted its position in Hub Group by 333.8% in the second quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company’s stock worth $50,000 after purchasing an additional 1,145 shares during the last quarter. 46.77% of the stock is owned by institutional investors.

Hub Group Stock Up 0.1%

Shares of NASDAQ:HUBG opened at $43.96 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.47 and a current ratio of 1.47. Hub Group has a 52-week low of $30.75 and a 52-week high of $46.63. The business’s 50 day simple moving average is $38.70 and its two-hundred day simple moving average is $36.44. The firm has a market cap of $2.69 billion, a P/E ratio of 25.41, a PEG ratio of 1.54 and a beta of 1.16.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, meeting the consensus estimate of $0.49. Hub Group had a return on equity of 6.58% and a net margin of 2.82%.The firm had revenue of $934.50 million during the quarter, compared to the consensus estimate of $937.78 million. During the same quarter in the previous year, the company posted $0.52 earnings per share. The company’s quarterly revenue was down 5.3% on a year-over-year basis. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. As a group, research analysts forecast that Hub Group will post 2.2 EPS for the current fiscal year.

Hub Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Friday, December 5th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, December 5th. Hub Group’s dividend payout ratio is presently 28.90%.

Hub Group Company Profile

Hub Group, Inc (NASDAQ: HUBG) is a leading supply chain solutions provider headquartered in Oak Brook, Illinois. Founded in 1971 as Hub City Terminals and renamed Hub Group in 1978, the company completed its initial public offering in 2007. Over the decades, Hub Group has developed a comprehensive multimodal transportation network, leveraging partnerships with major rail carriers and an extensive drayage fleet to offer cost-efficient, sustainable shipping alternatives.

The company operates through two primary segments: Intermodal and Transportation Management.