Hub Group (NASDAQ:HUBG) Releases Quarterly Earnings Results

Hub Group (NASDAQ:HUBG - Get Free Report) issued its quarterly earnings data on Thursday. The transportation company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.02, Zacks reports. The company had revenue of $915.22 million during the quarter, compared to analysts' expectations of $973.86 million. Hub Group had a return on equity of 7.10% and a net margin of 2.64%. The business's revenue was down 8.5% on a year-over-year basis. During the same period last year, the business earned $0.44 earnings per share. Hub Group updated its FY 2025 guidance to 1.750-2.250 EPS.

Hub Group Trading Up 0.3%

Shares of Hub Group stock traded up $0.10 on Friday, hitting $33.23. 920,343 shares of the company's stock traded hands, compared to its average volume of 528,401. The firm's 50-day moving average price is $34.83 and its two-hundred day moving average price is $41.97. The stock has a market capitalization of $2.04 billion, a PE ratio of 19.55 and a beta of 1.13. Hub Group has a one year low of $30.75 and a one year high of $53.21. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.33 and a quick ratio of 1.30.

Hub Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Tuesday, March 18th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend was Tuesday, March 18th. Hub Group's payout ratio is 29.41%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on HUBG shares. Barclays decreased their price target on Hub Group from $50.00 to $45.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 2nd. Susquehanna decreased their price target on Hub Group from $55.00 to $48.00 and set a "positive" rating on the stock in a research report on Wednesday, March 26th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Hub Group in a research note on Friday, March 7th. They issued a "hold" rating and a $41.00 target price for the company. Benchmark dropped their target price on shares of Hub Group from $40.00 to $33.13 and set a "buy" rating for the company in a research note on Friday. Finally, TD Cowen dropped their target price on shares of Hub Group from $40.00 to $36.00 and set a "hold" rating for the company in a research note on Friday. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $44.24.

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.