Hub Group, Inc. (NASDAQ:HUBG) Receives Consensus Rating of “Hold” from Analysts

Hub Group, Inc. (NASDAQ:HUBG) has been given an average recommendation of “Hold” by the fifteen analysts that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $39.8333.

Several equities analysts recently weighed in on the stock. UBS Group reissued a “neutral” rating and issued a $38.00 target price (up from $36.00) on shares of Hub Group in a research note on Friday, October 10th. Raymond James Financial set a $40.00 price objective on shares of Hub Group and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. Robert W. Baird dropped their target price on shares of Hub Group from $44.00 to $42.00 and set an “outperform” rating on the stock in a report on Monday, August 4th. Stifel Nicolaus set a $41.00 price target on Hub Group and gave the stock a “buy” rating in a report on Friday, October 3rd. Finally, Benchmark reissued a “buy” rating and set a $40.00 price target on shares of Hub Group in a research report on Wednesday, October 8th.

Hedge Funds Weigh In On Hub Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NewEdge Wealth LLC raised its position in shares of Hub Group by 20.7% in the third quarter. NewEdge Wealth LLC now owns 9,905 shares of the transportation company’s stock valued at $354,000 after purchasing an additional 1,696 shares during the period. State of New Jersey Common Pension Fund D grew its stake in Hub Group by 9.2% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 60,376 shares of the transportation company’s stock valued at $2,079,000 after buying an additional 5,062 shares during the last quarter. Public Sector Pension Investment Board grew its stake in Hub Group by 2.4% in the 3rd quarter. Public Sector Pension Investment Board now owns 236,551 shares of the transportation company’s stock valued at $8,147,000 after buying an additional 5,460 shares during the last quarter. Rhumbline Advisers raised its holdings in Hub Group by 1.1% in the 3rd quarter. Rhumbline Advisers now owns 186,294 shares of the transportation company’s stock valued at $6,416,000 after acquiring an additional 2,088 shares during the period. Finally, Oppenheimer Asset Management Inc. lifted its position in Hub Group by 23.5% during the third quarter. Oppenheimer Asset Management Inc. now owns 11,791 shares of the transportation company’s stock worth $406,000 after acquiring an additional 2,240 shares during the last quarter. 46.77% of the stock is owned by institutional investors.

Hub Group Price Performance

NASDAQ:HUBG opened at $35.69 on Wednesday. Hub Group has a 52-week low of $30.75 and a 52-week high of $53.21. The company has a market cap of $2.18 billion, a P/E ratio of 21.63, a P/E/G ratio of 1.23 and a beta of 1.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.42 and a current ratio of 1.42. The stock’s 50-day simple moving average is $35.73 and its 200 day simple moving average is $34.91.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.49 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.49. The firm had revenue of $934.50 million during the quarter, compared to the consensus estimate of $937.78 million. Hub Group had a return on equity of 6.81% and a net margin of 2.65%.The business’s revenue was down 5.3% compared to the same quarter last year. During the same period last year, the company earned $0.52 earnings per share. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. As a group, sell-side analysts forecast that Hub Group will post 2.2 EPS for the current fiscal year.

Hub Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Friday, September 12th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. Hub Group’s payout ratio is presently 28.90%.

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.