Hub Group (NASDAQ:HUBG)‘s stock had its “hold” rating reiterated by stock analysts at Stifel Nicolaus in a research report issued on Thursday. They presently have a $53.00 price target on the transportation company’s stock. Stifel Nicolaus’ target price points to a potential upside of 0.28% from the stock’s current price.

A number of other equities analysts also recently commented on HUBG. Zacks Investment Research upgraded Hub Group from a “hold” rating to a “buy” rating and set a $57.00 target price for the company in a report on Wednesday, June 13th. Loop Capital upped their target price on Hub Group to $54.00 and gave the company a “hold” rating in a report on Tuesday, June 26th. BidaskClub upgraded Hub Group from a “hold” rating to a “buy” rating in a report on Wednesday, June 13th. Cowen restated a “market perform” rating and set a $41.00 target price (up previously from $39.00) on shares of Hub Group in a report on Friday, April 27th. Finally, Wolfe Research upgraded Hub Group from a “market perform” rating to an “outperform” rating in a report on Thursday, May 24th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $52.36.

NASDAQ:HUBG opened at $52.85 on Thursday. The company has a market cap of $1.61 billion, a PE ratio of 27.67, a P/E/G ratio of 1.29 and a beta of 1.45. Hub Group has a fifty-two week low of $33.55 and a fifty-two week high of $56.60. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.26.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings data on Wednesday, August 1st. The transportation company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.18. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.10 billion. Hub Group had a return on equity of 10.57% and a net margin of 3.42%. The business’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.29 earnings per share. sell-side analysts anticipate that Hub Group will post 2.75 earnings per share for the current year.

Several institutional investors have recently made changes to their positions in the stock. Amalgamated Bank bought a new position in Hub Group in the second quarter worth $256,000. Victory Capital Management Inc. raised its holdings in Hub Group by 47.3% in the first quarter. Victory Capital Management Inc. now owns 5,479 shares of the transportation company’s stock worth $229,000 after purchasing an additional 1,759 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Hub Group in the second quarter worth $355,000. Xact Kapitalforvaltning AB bought a new position in Hub Group in the first quarter worth $299,000. Finally, Verition Fund Management LLC raised its holdings in Hub Group by 85.7% in the first quarter. Verition Fund Management LLC now owns 8,230 shares of the transportation company’s stock worth $344,000 after purchasing an additional 3,797 shares in the last quarter. Institutional investors own 92.79% of the company’s stock.

Hub Group Company Profile

Hub Group, Inc, an asset-light freight transportation management company, provides intermodal, truck brokerage, and logistics services in North America. It operates through two segments, Mode and Hub. Its intermodal services include arranging for the movement of its customers' freight in containers and trailers over long distances.

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Analyst Recommendations for Hub Group (NASDAQ:HUBG)

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