Hub Group Inc. (NASDAQ:HUBG)’s share price rose 3.1% during mid-day trading on Thursday . The company traded as high as $42.03 and last traded at $42.01, with a volume of 280,506 shares. The stock had previously closed at $40.75.

HUBG has been the subject of a number of research reports. Cowen and Company began coverage on Hub Group in a report on Wednesday, August 17th. They issued a “market perform” rating and a $43.00 price objective for the company. BMO Capital Markets restated a “hold” rating and set a $40.00 price target on shares of Hub Group in a report on Wednesday, July 27th. Finally, Zacks Investment Research downgraded Hub Group from a “hold” rating to a “sell” rating in a report on Wednesday, June 29th. Eleven analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $39.67.

The firm has a market cap of $1.44 billion and a P/E ratio of 18.33. The company’s 50 day moving average is $40.81 and its 200-day moving average is $39.24.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.03. During the same quarter in the previous year, the firm earned $0.51 EPS. The business had revenue of $855.60 million for the quarter, compared to analysts’ expectations of $881.40 million. Hub Group’s revenue was down 4.9% compared to the same quarter last year. Equities analysts predict that Hub Group Inc. will post $2.29 EPS for the current fiscal year.

Hub Group, Inc is an asset-light freight transportation management company. The Company offers intermodal, truck brokerage and logistics services. The Company operates through two business segments: Mode and Hub. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage and logistics, primarily through agents who enter into contractual arrangements with Mode LLC.

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