Hub Group (HUBG) Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hub Group in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HUBG shares.
View HUBG analyst ratings or view top-rated stocks.

12 brokerages have issued twelve-month price targets for Hub Group's stock. Their HUBG share price forecasts range from $80.00 to $133.00. On average, they predict the company's share price to reach $101.21 in the next twelve months. This suggests a possible upside of 37.7% from the stock's current price.
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Hub Group's stock was trading at $79.49 at the beginning of 2023. Since then, HUBG shares have decreased by 7.5% and is now trading at $73.52.
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Hub Group saw a drop in short interest in May. As of May 15th, there was short interest totaling 370,500 shares, a drop of 21.5% from the April 30th total of 471,800 shares. Based on an average daily volume of 231,500 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.2% of the company's shares are sold short.
View Hub Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our HUBG earnings forecast.

Hub Group, Inc. (NASDAQ:HUBG) released its quarterly earnings data on Thursday, April, 27th. The transportation company reported $1.88 earnings per share for the quarter, beating analysts' consensus estimates of $1.86 by $0.02. The transportation company earned $1.20 billion during the quarter, compared to the consensus estimate of $1.23 billion. Hub Group had a net margin of 6.38% and a trailing twelve-month return on equity of 20.99%. The firm's revenue was down 7.6% on a year-over-year basis. During the same period in the prior year, the firm posted $2.58 earnings per share.

ETFs with the largest weight of Hub Group (NASDAQ:HUBG) stock in their portfolio include SPDR S&P Transportation ETF (XTN), Alpha Architect U.S. Quantitative Value ETF (QVAL), Invesco S&P SmallCap Industrials ETF (PSCI), Cambria Value and Momentum ETF (VAMO), Invesco S&P SmallCap Quality ETF (XSHQ), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Value with Momentum ETF (XSVM) and Qraft AI-Enhanced Next Value ETF (NVQ).

Hub Group issued an update on its FY23 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $6.00-$7.00 for the period, compared to the consensus EPS estimate of $7.40. The company issued revenue guidance of $4.60-$4.80 billion, compared to the consensus revenue estimate of $5.14 billion.

176 employees have rated Hub Group Chief Executive Officer David P. Yeager on Glassdoor.com. David P. Yeager has an approval rating of 39% among the company's employees. This puts David P. Yeager in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hub Group investors own include Procter & Gamble (PG), ArcBest (ARCB), XPO (XPO), Cisco Systems (CSCO), PulteGroup (PHM), Walgreens Boots Alliance (WBA), Walmart (WMT), Activision Blizzard (ATVI) and Alibaba Group (BABA).

Hub Group trades on the NASDAQ under the ticker symbol "HUBG."

Hub Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.44%), Dimensional Fund Advisors LP (7.30%), Victory Capital Management Inc. (4.05%), State Street Corp (3.84%), Macquarie Group Ltd. (3.46%) and Fisher Asset Management LLC (2.49%). Insiders that own company stock include Charles R Reaves, David P Yeager, Gary Yablon, Phillip D Yeager and Vava Dimond.
View institutional ownership trends.

Shares of HUBG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HUBG stock can currently be purchased for approximately $73.52.

Hub Group (NASDAQ:HUBG) has a market capitalization of $2.45 billion and generates $5.34 billion in revenue each year. The transportation company earns $356.95 million in net income (profit) each year or $9.94 on an earnings per share basis.

The company employs 5,900 workers across the globe.

Hub Group's mailing address is 2000 CLEARWATER DRIVE, OAK BROOK IL, 60523. The official website for the company is www.hubgroup.com. The transportation company can be reached via phone at (630) 271-3600, via email at investorrelations@hubgroup.com, or via fax at 630-964-6475.