Hub Group (NASDAQ:HUBG) Earns Buy Rating from Benchmark

Key Points

• Hub Group's stock has been given a "buy" rating by Benchmark with a target price of $40.00, indicating a potential upside of 16.10% from its previous close.
• Deutsche Bank upgraded Hub Group from a "hold" to a "buy" rating, while other analysts set price targets ranging from $37.00 to $41.00 for the transportation company.
• The company reported a net margin of 2.65% and revenue of $905.65 million for the last quarter, showing an 8.2% year-over-year decline.

Hub Group (NASDAQ:HUBG - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at Benchmark in a report released on Wednesday,Benzinga reports. They currently have a $40.00 target price on the transportation company's stock. Benchmark's price objective points to a potential upside of 16.10% from the stock's previous close.

Several other equities research analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Hub Group from a "hold" rating to a "buy" rating and set a $41.00 price objective on the stock in a research report on Wednesday, July 23rd. Barclays decreased their price objective on shares of Hub Group from $40.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Thursday, October 2nd. Evercore ISI set a $37.00 price objective on shares of Hub Group and gave the stock an "in-line" rating in a research report on Tuesday, September 30th. Stifel Nicolaus set a $41.00 price objective on shares of Hub Group and gave the stock a "buy" rating in a research report on Friday. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of Hub Group in a research report on Saturday, September 27th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $39.22.

Hub Group Stock Performance

Shares of HUBG opened at $34.45 on Wednesday. The stock has a market capitalization of $2.11 billion, a P/E ratio of 20.88, a P/E/G ratio of 1.19 and a beta of 1.12. Hub Group has a 1 year low of $30.75 and a 1 year high of $53.21. The company's fifty day moving average is $35.76 and its two-hundred day moving average is $34.73. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.42 and a current ratio of 1.42.

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

Institutional Trading of Hub Group

A number of institutional investors and hedge funds have recently bought and sold shares of HUBG. Nuveen LLC bought a new position in Hub Group during the first quarter worth $28,380,000. Fuller & Thaler Asset Management Inc. lifted its stake in Hub Group by 90.3% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,248,265 shares of the transportation company's stock worth $46,398,000 after purchasing an additional 592,443 shares during the last quarter. Hudson Bay Capital Management LP lifted its stake in Hub Group by 3,557.4% during the second quarter. Hudson Bay Capital Management LP now owns 505,787 shares of the transportation company's stock worth $16,908,000 after purchasing an additional 491,958 shares during the last quarter. River Road Asset Management LLC lifted its stake in Hub Group by 79.2% during the second quarter. River Road Asset Management LLC now owns 1,103,402 shares of the transportation company's stock worth $38,641,000 after purchasing an additional 487,703 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its stake in Hub Group by 149.7% during the second quarter. Qube Research & Technologies Ltd now owns 560,265 shares of the transportation company's stock worth $18,730,000 after purchasing an additional 335,871 shares during the last quarter. Institutional investors and hedge funds 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.

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