Hub Group (NASDAQ:HUBG) – KeyCorp increased their Q4 2018 earnings estimates for shares of Hub Group in a note issued to investors on Sunday, May 13th. KeyCorp analyst T. Fowler now anticipates that the transportation company will post earnings per share of $0.84 for the quarter, up from their previous estimate of $0.82.

Other equities analysts have also issued research reports about the company. BidaskClub upgraded Hub Group from a “sell” rating to a “hold” rating in a research note on Friday, April 13th. ValuEngine upgraded Hub Group from a “hold” rating to a “buy” rating in a research note on Thursday, May 3rd. Cowen restated a “market perform” rating and issued a $41.00 target price (up previously from $39.00) on shares of Hub Group in a research note on Friday, April 27th. Loop Capital raised their target price on Hub Group to $52.00 and gave the stock a “hold” rating in a research note on Monday, February 12th. Finally, Morgan Stanley raised their target price on Hub Group from $40.00 to $43.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 13th. One analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $48.15.

Shares of Hub Group opened at $47.00 on Wednesday, Marketbeat reports. The firm has a market capitalization of $1.62 billion, a P/E ratio of 24.61, a PEG ratio of 1.30 and a beta of 1.44. 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 has a 1 year low of $46.95 and a 1 year high of $47.25.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, April 26th. The transportation company reported $0.48 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.10. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Hub Group had a return on equity of 9.48% and a net margin of 3.33%. The business’s quarterly revenue was up 22.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.31 EPS.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CIBC Asset Management Inc purchased a new position in shares of Hub Group during the 4th quarter valued at about $205,000. Aperio Group LLC purchased a new position in shares of Hub Group during the 4th quarter valued at about $217,000. Amalgamated Bank purchased a new position in shares of Hub Group during the 4th quarter valued at about $226,000. Victory Capital Management Inc. raised its stake in shares of Hub Group by 47.3% during the 1st quarter. Victory Capital Management Inc. now owns 5,479 shares of the transportation company’s stock valued at $229,000 after buying an additional 1,759 shares during the last quarter. Finally, Delpha Capital Management LLC purchased a new position in shares of Hub Group during the 4th quarter valued at about $256,000. Institutional investors and hedge funds own 95.06% of the company’s stock.

About Hub Group

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.

Earnings History and Estimates for Hub Group (NASDAQ:HUBG)

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