Hub Group, Inc. (NASDAQ:HUBG) Given Consensus Rating of "Hold" by Analysts

Hub Group, Inc. (NASDAQ:HUBG - Get Free Report) has been given an average recommendation of "Hold" by the nine research firms that are covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $43.68.

Several analysts have commented on the company. Barclays reduced their price objective on Hub Group from $45.00 to $40.00 and set an "equal weight" rating for the company in a research note on Monday, May 12th. Deutsche Bank Aktiengesellschaft started coverage on Hub Group in a research note on Friday, March 7th. They set a "hold" rating and a $41.00 target price for the company. Benchmark cut their target price on Hub Group from $40.00 to $33.13 and set a "buy" rating for the company in a research note on Friday, May 9th. Stifel Nicolaus increased their target price on Hub Group from $46.00 to $53.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Finally, Susquehanna cut their target price on Hub Group from $55.00 to $48.00 and set a "positive" rating for the company in a research note on Wednesday, March 26th.

Hub Group Stock Performance

HUBG traded down $0.24 on Wednesday, hitting $35.72. 520,335 shares of the company traded hands, compared to its average volume of 532,282. The company has a 50 day moving average of $34.48 and a 200-day moving average of $41.65. The company has a quick ratio of 1.30, a current ratio of 1.33 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $2.19 billion, a PE ratio of 21.01 and a beta of 1.13. Hub Group has a 12-month low of $30.75 and a 12-month high of $53.21.

Hub Group (NASDAQ:HUBG - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The transportation company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.42 by $0.02. The firm had revenue of $915.22 million during the quarter, compared to the consensus estimate of $973.86 million. Hub Group had a return on equity of 7.10% and a net margin of 2.64%. The firm's revenue was down 8.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.44 EPS. Sell-side analysts anticipate that Hub Group will post 2.2 earnings per share for the current year.

Hub Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Tuesday, March 18th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend was Tuesday, March 18th. Hub Group's dividend payout ratio is currently 29.41%.

Institutional Investors Weigh In On Hub Group

A number of institutional investors and hedge funds have recently modified their holdings of HUBG. Farther Finance Advisors LLC grew its holdings in shares of Hub Group by 440.3% in the 1st quarter. Farther Finance Advisors LLC now owns 859 shares of the transportation company's stock worth $32,000 after acquiring an additional 700 shares during the period. Nomura Asset Management Co. Ltd. grew its holdings in shares of Hub Group by 48.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 950 shares of the transportation company's stock worth $42,000 after acquiring an additional 310 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in shares of Hub Group by 139,500.0% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,396 shares of the transportation company's stock worth $52,000 after acquiring an additional 1,395 shares during the period. TD Private Client Wealth LLC grew its holdings in shares of Hub Group by 89.9% in the 1st quarter. TD Private Client Wealth LLC now owns 1,796 shares of the transportation company's stock worth $67,000 after acquiring an additional 850 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Hub Group by 286.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,541 shares of the transportation company's stock worth $68,000 after acquiring an additional 1,142 shares during the period. Institutional investors and hedge funds own 46.77% of the company's stock.

Hub Group Company Profile

Hub Group, Inc, a supply chain solutions provider, offers transportation and logistics management services in North America. The company's transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation.