Analysts Set Hub Group, Inc. (NASDAQ:HUBG) Price Target at $39.83

Shares of Hub Group, Inc. (NASDAQ:HUBG) have been assigned an average recommendation of “Hold” from the fifteen analysts that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $39.8333.

HUBG has been the topic of a number of recent analyst reports. Stifel Nicolaus set a $41.00 target price on shares of Hub Group and gave the company a “buy” rating in a research note on Friday, October 3rd. Robert W. Baird decreased their price target 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. Zacks Research cut shares of Hub Group from a “hold” rating to a “strong sell” rating in a research report on Monday, October 6th. Barclays cut their target price on shares of Hub Group from $40.00 to $38.00 and set an “equal weight” rating for the company in a research report on Thursday, October 2nd. Finally, BMO Capital Markets raised their price target on Hub Group from $38.00 to $40.00 and gave the company a “market perform” rating in a research report on Monday, November 3rd.

Institutional Trading of Hub Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Frazier Financial Advisors LLC purchased a new position in shares of Hub Group during the third quarter worth approximately $35,000. Smartleaf Asset Management LLC grew its holdings in shares of Hub Group by 33.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 321 shares during the last quarter. GAMMA Investing LLC raised its position in Hub Group by 161.9% in the 2nd quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock worth $46,000 after purchasing an additional 850 shares during the period. NewEdge Advisors LLC raised its position in Hub Group by 333.8% in the 2nd quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company’s stock worth $50,000 after purchasing an additional 1,145 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its stake in Hub Group by 139,500.0% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,396 shares of the transportation company’s stock worth $52,000 after purchasing an additional 1,395 shares during the last quarter. Hedge funds and other institutional investors own 46.77% of the company’s stock.

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 stock has a fifty day moving average of $35.73 and a 200 day moving average of $34.88. 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 firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of 21.63, a P/E/G ratio of 1.23 and a beta of 1.14.

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

Hub Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Friday, September 12th were given a dividend of $0.125 per share. The ex-dividend date was Friday, September 12th. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. Hub Group’s dividend payout ratio is 28.90%.

About Hub Group

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.