Hub Group (NASDAQ:HUBG) Upgraded to Hold (C-) at Weiss Ratings

Hub Group (NASDAQ:HUBG) was upgraded by analysts at Weiss Ratings from a “sell (d+)” rating to a “hold (c-)” rating in a research note issued on Wednesday,Weiss Ratings reports.

HUBG has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft upgraded shares of Hub Group from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research report on Wednesday, July 23rd. Baird R W raised shares of Hub Group to a “strong-buy” rating in a report on Tuesday, July 1st. Stifel Nicolaus set a $41.00 price objective on shares of Hub Group and gave the company a “buy” rating in a report on Friday, October 3rd. Zacks Research downgraded Hub Group from a “hold” rating to a “strong sell” rating in a research report on Monday. Finally, Evercore ISI set a $37.00 target price on Hub Group and gave the stock an “in-line” rating in a research report on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $39.78.

Hub Group Stock Performance

NASDAQ HUBG opened at $36.08 on Wednesday. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of 21.87, a price-to-earnings-growth ratio of 1.17 and a beta of 1.12. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of $35.79 and a 200-day moving average price of $34.74. Hub Group has a twelve month low of $30.75 and a twelve month high of $53.21.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.01. Hub Group had a return on equity of 6.81% and a net margin of 2.65%.The business had revenue of $905.65 million during the quarter, compared to the consensus estimate of $913.53 million. During the same period in the prior year, the company posted $0.47 EPS. The firm’s revenue for the quarter was down 8.2% compared to the same quarter last year. Hub Group has set its FY 2025 guidance at 1.800-2.050 EPS. As a group, equities research analysts predict that Hub Group will post 2.2 EPS for the current fiscal year.

Hedge Funds Weigh In On Hub Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. boosted its holdings in shares of Hub Group by 2.6% in the 1st quarter. Principal Financial Group Inc. now owns 302,467 shares of the transportation company’s stock worth $11,243,000 after purchasing an additional 7,729 shares during the period. KBC Group NV raised its stake in shares of Hub Group by 43.3% in the first quarter. KBC Group NV now owns 3,681 shares of the transportation company’s stock valued at $137,000 after acquiring an additional 1,113 shares during the period. Blue Trust Inc. raised its stake in shares of Hub Group by 40.5% in the first quarter. Blue Trust Inc. now owns 2,478 shares of the transportation company’s stock valued at $92,000 after acquiring an additional 714 shares during the period. GAMMA Investing LLC raised its stake in shares of Hub Group by 161.9% in the second quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock valued at $46,000 after acquiring an additional 850 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Hub Group in the fourth quarter valued at $206,000. Hedge funds and other institutional investors own 46.77% of the company’s stock.

Hub Group Company Profile

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.