Shares of Hub Group Inc (NASDAQ:HUBG) have been given an average recommendation of “Hold” by the fifteen brokerages that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $57.18.

HUBG has been the topic of several research reports. Stephens set a $62.00 price objective on shares of Hub Group and gave the company a “buy” rating in a research report on Thursday, August 2nd. UBS Group boosted their price objective on shares of Hub Group from $56.00 to $61.00 and gave the company a “buy” rating in a research report on Thursday, August 2nd. Loop Capital raised shares of Hub Group from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research report on Thursday, August 2nd. ValuEngine raised shares of Hub Group from a “hold” rating to a “buy” rating in a research report on Friday, August 3rd. Finally, Stifel Nicolaus raised shares of Hub Group from a “hold” rating to a “buy” rating and boosted their price objective for the company from $53.00 to $58.00 in a research report on Tuesday, November 6th.

In other Hub Group news, Director Charles R. Reaves sold 2,500 shares of the business’s stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $50.24, for a total transaction of $125,600.00. Following the sale, the director now directly owns 68,768 shares of the company’s stock, valued at approximately $3,454,904.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 5.75% of the company’s stock.

A number of large investors have recently modified their holdings of HUBG. Xact Kapitalforvaltning AB bought a new stake in Hub Group during the 1st quarter worth about $299,000. Principal Financial Group Inc. lifted its position in Hub Group by 5.3% during the 1st quarter. Principal Financial Group Inc. now owns 263,602 shares of the transportation company’s stock worth $11,032,000 after buying an additional 13,284 shares in the last quarter. Amalgamated Bank bought a new stake in Hub Group during the 2nd quarter worth about $256,000. Municipal Employees Retirement System of Michigan lifted its position in Hub Group by 30.6% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 17,590 shares of the transportation company’s stock worth $876,000 after buying an additional 4,120 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its position in Hub Group by 26.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 29,659 shares of the transportation company’s stock worth $1,477,000 after buying an additional 6,170 shares in the last quarter. 90.66% of the stock is currently owned by hedge funds and other institutional investors.

HUBG traded down $0.41 during trading on Friday, hitting $45.72. The company had a trading volume of 282,573 shares, compared to its average volume of 424,253. The stock has a market capitalization of $1.57 billion, a P/E ratio of 23.94 and a beta of 1.43. Hub Group has a one year low of $38.40 and a one year high of $56.60. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.23.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, October 25th. The transportation company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.70 by $0.07. The business had revenue of $933.22 million for the quarter, compared to analysts’ expectations of $1.11 billion. Hub Group had a net margin of 5.78% and a return on equity of 10.77%. On average, equities research analysts predict that Hub Group will post 2.76 EPS for the current fiscal year.

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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