Hub Group Inc (NASDAQ:HUBG) has been assigned an average rating of “Hold” from the sixteen research firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $48.42.

A number of equities analysts recently weighed in on the company. Zacks Investment Research raised Hub Group from a “hold” rating to a “buy” rating and set a $58.00 price target on the stock in a research note on Tuesday, January 16th. BidaskClub cut Hub Group from a “buy” rating to a “hold” rating in a research note on Friday, January 26th. Stephens restated an “overweight” rating and set a $57.00 price objective (up from $50.00) on shares of Hub Group in a research report on Thursday, December 14th. UBS Group raised their price objective on Hub Group from $47.00 to $48.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Finally, Buckingham Research assumed coverage on Hub Group in a research report on Friday, October 20th. They set a “neutral” rating and a $43.00 price objective for the company.

Hub Group (NASDAQ:HUBG) opened at $44.30 on Friday. The firm has a market capitalization of $1,492.44, a PE ratio of 23.03, a P/E/G ratio of 1.24 and a beta of 1.40. Hub Group has a 12 month low of $33.17 and a 12 month high of $52.50. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.24 and a quick ratio of 1.19.

Hub Group (NASDAQ:HUBG) last issued its quarterly earnings results on Thursday, February 8th. The transportation company reported $0.74 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.22. The firm had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Hub Group had a return on equity of 9.36% and a net margin of 3.35%. Hub Group’s revenue was up 18.8% on a year-over-year basis. During the same quarter last year, the business posted $0.55 EPS. analysts expect that Hub Group will post 2.35 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in HUBG. Fieldpoint Private Securities LLC acquired a new stake in shares of Hub Group during the 3rd quarter valued at about $100,000. Zions Bancorporation acquired a new stake in shares of Hub Group during the 3rd quarter valued at about $143,000. Public Employees Retirement System of Ohio lifted its holdings in shares of Hub Group by 12.7% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,079 shares of the transportation company’s stock valued at $195,000 after buying an additional 573 shares during the last quarter. CIBC Asset Management Inc acquired a new stake in shares of Hub Group during the 4th quarter valued at about $205,000. Finally, Aperio Group LLC acquired a new stake in shares of Hub Group during the 4th quarter valued at about $217,000. Institutional investors and hedge funds own 92.89% of the company’s stock.

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About Hub Group

Hub Group, Inc is an asset-light freight transportation management company. The Company offers intermodal, truck brokerage and logistics services. It 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 entering into contractual arrangements with Mode Transportation, LLC (Mode LLC).

Analyst Recommendations for Hub Group (NASDAQ:HUBG)

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