Hub Group, Inc. (NASDAQ:HUBG) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Hub Group, Inc. has received a consensus rating of “Moderate Buy” from analysts, with an average 1-year price target of approximately $40.35.
• Recent institutional investments indicate a strong interest in Hub Group, with notable increases in holdings by firms such as Invesco Ltd. and Fuller & Thaler Asset Management, enhancing their stakes significantly during the last quarter.
• The transportation company reported earnings per share of $0.45 for the last quarter but fell short of revenue expectations at $905.65 million, reflecting an 8.2% year-over-year decline.

Hub Group, Inc. (NASDAQ:HUBG - Get Free Report) has earned an average recommendation of "Moderate Buy" from the ten ratings firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $40.3478.

A number of equities analysts recently issued reports on the company. Susquehanna lifted their target price on Hub Group from $46.00 to $47.00 and gave the stock a "positive" rating in a report on Friday, August 1st. JPMorgan Chase & Co. decreased their target price on Hub Group from $39.00 to $36.00 and set a "neutral" rating on the stock in a report on Tuesday, July 8th. Robert W. Baird decreased their target price on Hub Group from $44.00 to $42.00 and set an "outperform" rating on the stock in a report on Monday, August 4th. Baird R W upgraded Hub Group to a "strong-buy" rating in a report on Tuesday, July 1st. Finally, TD Cowen lowered their price target on Hub Group from $40.00 to $36.00 and set a "hold" rating on the stock in a report on Friday, May 9th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Invesco Ltd. grew its holdings in shares of Hub Group by 4.4% during the first quarter. Invesco Ltd. now owns 1,919,026 shares of the transportation company's stock valued at $71,330,000 after buying an additional 80,718 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Hub Group by 0.6% during the second quarter. Geode Capital Management LLC now owns 1,520,025 shares of the transportation company's stock valued at $50,821,000 after buying an additional 9,608 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in Hub Group by 90.3% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,248,265 shares of the transportation company's stock valued at $46,398,000 after purchasing an additional 592,443 shares in the last quarter. Balyasny Asset Management L.P. grew its stake in Hub Group by 77.1% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,147,499 shares of the transportation company's stock valued at $51,133,000 after purchasing an additional 499,621 shares in the last quarter. Finally, River Road Asset Management LLC grew its stake in Hub Group by 79.2% in the second quarter. River Road Asset Management LLC now owns 1,103,402 shares of the transportation company's stock valued at $38,641,000 after purchasing an additional 487,703 shares in the last quarter. Hedge funds and other institutional investors own 46.77% of the company's stock.

Hub Group Stock Performance

Shares of NASDAQ HUBG opened at $35.23 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 21.35, a PEG ratio of 1.17 and a beta of 1.12. The stock's fifty day simple moving average is $34.74 and its 200 day simple moving average is $35.77. Hub Group has a 52-week low of $30.75 and a 52-week high of $53.21.

Hub Group (NASDAQ:HUBG - Get Free Report) last issued its earnings results on Thursday, July 31st. The transportation company reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.44 by $0.01. The business had revenue of $905.65 million for the quarter, compared to analysts' expectations of $913.53 million. Hub Group had a return on equity of 6.81% and a net margin of 2.65%.The company's quarterly revenue was down 8.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.47 EPS. Hub Group has set its FY 2025 guidance at 1.800-2.050 EPS. As a group, sell-side analysts forecast that Hub Group will post 2.2 earnings per share for the current fiscal year.

Hub Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 23rd were issued a dividend of $0.125 per share. The ex-dividend date was Monday, June 23rd. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. Hub Group's payout ratio is currently 30.30%.

About Hub Group

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.

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