Hub Group, Inc. (NASDAQ:HUBG) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Hub Group, Inc. has received a consensus rating of "Moderate Buy" from analysts, with an average one-year price target of $40.35.
• The company reported earnings per share (EPS) of $0.45 for the last quarter, exceeding analyst expectations, despite a year-over-year revenue decline of 8.2%.
• Hub Group recently declared a quarterly dividend of $0.125 per share, resulting in an annualized yield of 1.4%.

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

A number of equities research analysts have commented on HUBG shares. JPMorgan Chase & Co. reduced their price target on Hub Group from $39.00 to $36.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft upgraded Hub Group from a "hold" rating to a "buy" rating and set a $41.00 price target on the stock in a research report on Wednesday, July 23rd. Susquehanna upped their price target on Hub Group from $46.00 to $47.00 and gave the company a "positive" rating in a research report on Friday, August 1st. Stifel Nicolaus reduced their price target on Hub Group from $46.00 to $45.00 and set a "buy" rating on the stock in a research report on Friday, August 1st. Finally, Robert W. Baird reduced their price target on Hub Group from $44.00 to $42.00 and set an "outperform" rating on the stock in a research report on Monday, August 4th.

Hub Group Price Performance

HUBG traded down $1.50 on Tuesday, reaching $35.64. The stock had a trading volume of 1,933,125 shares, compared to its average volume of 647,919. Hub Group has a fifty-two week low of $30.75 and a fifty-two week high of $53.21. The firm has a 50-day moving average of $35.87 and a 200-day moving average of $35.02. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 21.60, a price-to-earnings-growth ratio of 1.24 and a beta of 1.15.

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. Hub Group had a return on equity of 6.81% and a net margin of 2.65%.The business had revenue of $905.65 million during the quarter, compared to analysts' expectations of $913.53 million. During the same quarter in the prior year, the firm earned $0.47 EPS. The business's revenue for the quarter was down 8.2% compared to the same quarter last year. Hub Group has set its FY 2025 guidance at 1.800-2.050 EPS. As a group, sell-side analysts anticipate that Hub Group will post 2.2 EPS for the current year.

Hub Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Friday, September 12th will be given a dividend of $0.125 per share. The ex-dividend date is Friday, September 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. Hub Group's dividend payout ratio is presently 30.30%.

Institutional Investors Weigh In On Hub Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its holdings in Hub Group by 440.3% in the first quarter. Farther Finance Advisors LLC now owns 859 shares of the transportation company's stock worth $32,000 after acquiring an additional 700 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in Hub Group by 33.4% in 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 in the last quarter. GAMMA Investing LLC boosted its holdings in Hub Group by 161.9% in 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 in the last quarter. NewEdge Advisors LLC boosted its holdings 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 acquiring an additional 1,145 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in Hub Group by 139,500.0% in the first 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 in the last quarter. Institutional investors own 46.77% of the company's stock.

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.