Hub Group, Inc. (NASDAQ:HUBG) Given Average Rating of “Moderate Buy” by Analysts

Shares of Hub Group, Inc. (NASDAQ:HUBG) have received an average recommendation of “Moderate Buy” from the ten research firms that are presently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $46.63.

Several analysts have weighed in on the stock. Benchmark reissued a “buy” rating and issued a $49.00 price target on shares of Hub Group in a research note on Wednesday, April 10th. Wells Fargo & Company boosted their price objective on shares of Hub Group from $45.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, February 2nd. JPMorgan Chase & Co. boosted their price objective on shares of Hub Group from $43.50 to $46.00 and gave the company a “neutral” rating in a research report on Tuesday, January 9th. StockNews.com upgraded shares of Hub Group from a “sell” rating to a “hold” rating in a research report on Friday, March 1st. Finally, Stephens decreased their price objective on shares of Hub Group from $49.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 4th.

Hub Group Stock Performance

Hub Group stock opened at $40.64 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.55 billion, a PE ratio of 15.60 and a beta of 0.89. The firm has a fifty day simple moving average of $42.77 and a two-hundred day simple moving average of $41.58. Hub Group has a twelve month low of $31.73 and a twelve month high of $47.58.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings results on Thursday, February 1st. The transportation company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.02. The business had revenue of $985.60 million during the quarter, compared to the consensus estimate of $997.67 million. Hub Group had a net margin of 3.99% and a return on equity of 10.56%. The firm’s revenue for the quarter was down 23.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.42 earnings per share. Research analysts expect that Hub Group will post 2.22 EPS for the current year.

Hub Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 8th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend was Thursday, March 7th. Hub Group’s dividend payout ratio is currently 19.19%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in HUBG. Fuller & Thaler Asset Management Inc. grew its stake in shares of Hub Group by 108.6% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 770,107 shares of the transportation company’s stock worth $59,460,000 after buying an additional 400,916 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Hub Group by 1,423.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 396,428 shares of the transportation company’s stock worth $1,778,000 after buying an additional 370,402 shares during the last quarter. Norges Bank purchased a new stake in shares of Hub Group in the 4th quarter worth approximately $28,885,000. LSV Asset Management grew its stake in shares of Hub Group by 9,049.5% in the 3rd quarter. LSV Asset Management now owns 334,962 shares of the transportation company’s stock worth $26,308,000 after buying an additional 331,301 shares during the last quarter. Finally, Pacer Advisors Inc. grew its stake in shares of Hub Group by 54.5% in the 4th quarter. Pacer Advisors Inc. now owns 727,572 shares of the transportation company’s stock worth $66,893,000 after buying an additional 256,551 shares during the last quarter. Institutional investors own 46.77% of the company’s stock.

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.