Hub Group, Inc. (NASDAQ:HUBG) Receives $45.53 Consensus Target Price from Brokerages

Shares of Hub Group, Inc. (NASDAQ:HUBG) have been given a consensus recommendation of “Moderate Buy” by the seventeen ratings firms that are currently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $46.20.

Several equities research analysts have recently weighed in on the company. TD Cowen reissued a “hold” rating on shares of Hub Group in a research note on Monday, January 12th. Robert W. Baird set a $47.00 price objective on Hub Group in a research note on Tuesday, January 6th. Morgan Stanley set a $46.00 target price on Hub Group and gave the company an “equal weight” rating in a report on Monday, December 8th. Zacks Research upgraded shares of Hub Group from a “strong sell” rating to a “hold” rating in a report on Monday, December 1st. Finally, Susquehanna boosted their price target on shares of Hub Group from $42.00 to $55.00 and gave the stock a “positive” rating in a research report on Thursday, January 8th.

Hub Group Trading Down 1.7%

Shares of NASDAQ HUBG opened at $47.43 on Monday. The firm has a 50 day moving average price of $42.65 and a two-hundred day moving average price of $38.06. The stock has a market cap of $2.90 billion, a P/E ratio of 27.42, a price-to-earnings-growth ratio of 1.38 and a beta of 1.14. Hub Group has a 52-week low of $30.75 and a 52-week high of $48.89. 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 (NASDAQ:HUBG) last issued its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 earnings per share for the quarter, hitting the consensus estimate of $0.49. The company had revenue of $934.50 million for the quarter, compared to analysts’ expectations of $937.78 million. Hub Group had a net margin of 2.82% and a return on equity of 6.58%. Hub Group’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.52 earnings per share. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. As a group, equities analysts forecast that Hub Group will post 2.2 EPS for the current year.

Hub Group Announces Dividend

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

Insider Transactions at Hub Group

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

Institutional Trading of Hub Group

Several large investors have recently modified their holdings of the stock. Frazier Financial Advisors LLC acquired a new position in shares of Hub Group during the third quarter valued at about $35,000. Quarry LP increased its holdings in Hub Group by 271.5% during the third quarter. Quarry LP now owns 1,107 shares of the transportation company’s stock worth $38,000 after buying an additional 809 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Hub Group by 33.4% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock worth $44,000 after purchasing an additional 321 shares during the period. GAMMA Investing LLC raised its stake in shares of Hub Group by 161.9% in the second quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock valued at $46,000 after buying an additional 850 shares during the period. Finally, NewEdge Advisors LLC raised its stake in Hub Group by 333.8% in the 2nd quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company’s stock valued at $50,000 after acquiring an additional 1,145 shares during the period. Institutional investors and hedge funds own 46.77% of the company’s stock.

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.