Hub Group (NASDAQ:HUBG) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Key Points

• Stifel Nicolaus raised its price target on Hub Group to $29 but kept a sell rating, with that target implying roughly a 19.82% downside from the current share price.
• Analyst consensus is mixed—seven Buys, eight Holds and two Sells—resulting in an average "Hold" rating and a mean price target of $43.33.
• Hub Group recently traded at $36.17 (1‑year range $30.75–$53.26), has a market cap of $2.21 billion and a P/E of 21.0, with institutional investors owning about 46.8% of shares.

Hub Group (NASDAQ:HUBG - Get Free Report) had its price target hoisted by research analysts at Stifel Nicolaus from $27.00 to $29.00 in a report issued on Thursday,Benzinga reports. The firm presently has a "sell" rating on the transportation company's stock. Stifel Nicolaus' price objective points to a potential downside of 19.82% from the stock's current price.

Other analysts also recently issued reports about the company. Evercore set a $53.00 price objective on shares of Hub Group and gave the company an "outperform" rating in a research note on Monday, January 12th. Susquehanna boosted their price target on Hub Group from $42.00 to $55.00 and gave the stock a "positive" rating in a research note on Thursday, January 8th. Benchmark lifted their price objective on Hub Group from $40.00 to $50.00 and gave the stock a "buy" rating in a report on Friday, January 23rd. TD Cowen reissued a "hold" rating on shares of Hub Group in a report on Monday, January 12th. Finally, Zacks Research cut Hub Group from a "hold" rating to a "strong sell" rating in a research report on Friday, March 13th. Seven analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Hub Group presently has an average rating of "Hold" and an average price target of $43.33.

Hub Group Stock Performance

HUBG traded down $0.44 during trading on Thursday, hitting $36.17. 64,967 shares of the stock were exchanged, compared to its average volume of 919,150. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.09. Hub Group has a 1-year low of $30.75 and a 1-year high of $53.26. The stock has a fifty day moving average price of $41.10 and a two-hundred day moving average price of $39.77. The firm has a market capitalization of $2.21 billion, a P/E ratio of 21.00, a PEG ratio of 1.14 and a beta of 1.16.

Institutional Investors Weigh In On Hub Group

Several large investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its position in shares of Hub Group by 265.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the transportation company's stock valued at $27,000 after purchasing an additional 468 shares in the last quarter. Torren Management LLC bought a new stake in shares of Hub Group in the fourth quarter worth $31,000. Frazier Financial Advisors LLC acquired a new stake in Hub Group in the third quarter valued at $35,000. Quarry LP boosted its stake in Hub Group by 271.5% during the 3rd quarter. Quarry LP now owns 1,107 shares of the transportation company's stock valued at $38,000 after acquiring an additional 809 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in Hub Group by 33.4% during the 2nd 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. Institutional investors and hedge funds own 46.77% of the company's stock.

About Hub Group

Hub Group, Inc NASDAQ: HUBG is a leading supply chain solutions provider headquartered in Oak Brook, Illinois. Founded in 1971 as Hub City Terminals and renamed Hub Group in 1978, the company completed its initial public offering in 2007. Over the decades, Hub Group has developed a comprehensive multimodal transportation network, leveraging partnerships with major rail carriers and an extensive drayage fleet to offer cost-efficient, sustainable shipping alternatives.

The company operates through two primary segments: Intermodal and Transportation Management.

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