Hub Group (NASDAQ:HUBG) Price Target Lowered to $49.00 at Susquehanna

Hub Group (NASDAQ:HUBGGet Free Report) had its price objective decreased by research analysts at Susquehanna to $49.00 in a research note issued on Tuesday, January 30th, Benzinga reports. The brokerage presently has a “neutral” rating on the transportation company’s stock. Susquehanna’s target price indicates a potential upside of 13.40% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Barclays dropped their target price on shares of Hub Group from $40.00 to $37.50 and set an “equal weight” rating for the company in a research report on Friday, October 27th. Stifel Nicolaus increased their price target on Hub Group from $49.50 to $52.00 and gave the stock a “buy” rating in a research report on Wednesday, January 10th. JPMorgan Chase & Co. boosted their price objective on Hub Group from $43.50 to $46.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 9th. StockNews.com started coverage on Hub Group in a research note on Thursday, October 5th. They issued a “hold” rating for the company. Finally, Morgan Stanley decreased their price objective on shares of Hub Group from $42.50 to $21.25 and set an “equal weight” rating on the stock in a report on Monday, January 29th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $45.10.

View Our Latest Report on HUBG

Hub Group Price Performance

Shares of NASDAQ:HUBG opened at $43.21 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.29 and a quick ratio of 1.65. The stock has a market capitalization of $2.75 billion, a P/E ratio of 16.59 and a beta of 0.91. The business has a 50-day moving average of $43.85 and a two-hundred day moving average of $41.01. Hub Group has a fifty-two week low of $31.73 and a fifty-two week high of $49.69.

Hub Group (NASDAQ:HUBGGet Free Report) last announced its quarterly earnings results on Thursday, February 1st. The transportation company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.52 by $0.02. Hub Group had a return on equity of 10.56% and a net margin of 3.99%. The company had revenue of $985.60 million for the quarter, compared to the consensus estimate of $997.67 million. During the same quarter last year, the company posted $2.42 earnings per share. The company’s revenue for the quarter was down 23.3% compared to the same quarter last year. On average, equities research analysts predict that Hub Group will post 2.25 EPS for the current fiscal year.

Hedge Funds Weigh In On Hub Group

A number of hedge funds and other institutional investors have recently bought and sold shares of HUBG. BlackRock Inc. lifted its stake in shares of Hub Group by 0.5% in the 1st quarter. BlackRock Inc. now owns 6,155,462 shares of the transportation company’s stock valued at $516,689,000 after purchasing an additional 29,560 shares during the period. Vanguard Group Inc. increased its holdings in Hub Group by 1.3% in the third quarter. Vanguard Group Inc. now owns 3,729,559 shares of the transportation company’s stock valued at $257,265,000 after purchasing an additional 49,438 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Hub Group by 1.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,305,317 shares of the transportation company’s stock valued at $177,999,000 after buying an additional 29,192 shares during the period. Victory Capital Management Inc. boosted its holdings in Hub Group by 7.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,801,201 shares of the transportation company’s stock worth $165,602,000 after buying an additional 125,924 shares during the last quarter. Finally, State Street Corp grew its position in shares of Hub Group by 3.3% during the 1st quarter. State Street Corp now owns 1,433,008 shares of the transportation company’s stock worth $110,643,000 after buying an additional 45,357 shares during the period. 90.85% of the stock is owned by institutional investors.

Hub Group Company Profile

(Get Free Report)

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.

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