Hub Group (HUBG) – Research Analysts’ Recent Ratings Updates

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Several brokerages have updated their recommendations and price targets on shares of Hub Group (NASDAQ: HUBG) in the last few weeks:

  • 11/13/2018 – Hub Group was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 11/12/2018 – Hub Group was given a new $49.00 price target on by analysts at Morgan Stanley. They now have a “hold” rating on the stock.
  • 11/7/2018 – Hub Group was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 11/6/2018 – Hub Group had its price target raised by analysts at BMO Capital Markets from $50.00 to $54.00. They now have a “market perform” rating on the stock.
  • 11/6/2018 – Hub Group was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. They now have a $58.00 price target on the stock, up previously from $53.00.
  • 11/5/2018 – Hub Group had its price target raised by analysts at Cowen Inc from $52.00 to $56.00. They now have a “market perform” rating on the stock. They wrote, “WCC lapped tough SG&A comps with cost structure now (as of 3Q) comparing normalized for restored compensation levels, and affording 74% conversion of GP growth to OP. WCC also indicated expectation to convert 50%+ on a low single-digit organic growth profile vs. historically requiring stronger growth to deliver targeted pull through. WCC increased share repurchase authorization to $400M and noted plans to repurchase about $175M through 1H19 subject to market conditions. GM improved slightly, as price pass through and billing margin management proved solid, though we note reversal of recent unfavorable mix from outsized international growth (excluding Canada) at lower GM, and strong 3Q growth from Canada (typically favorable GM mix).””
  • 10/30/2018 – Hub Group had its price target raised by analysts at Buckingham Research from $46.00 to $54.00. They now have a “neutral” rating on the stock.
  • 10/29/2018 – Hub Group had its price target raised by analysts at Morgan Stanley from $44.00 to $45.00. They now have a “hold” rating on the stock.
  • 10/26/2018 – Hub Group was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 10/26/2018 – Hub Group had its price target raised by analysts at BMO Capital Markets from $49.00 to $50.00. They now have a “market perform” rating on the stock.
  • 10/26/2018 – Hub Group had its price target raised by analysts at Loop Capital from $58.00 to $71.00. They now have a “buy” rating on the stock.
  • 10/22/2018 – Hub Group was given a new $44.00 price target on by analysts at Morgan Stanley. They now have a “hold” rating on the stock.
  • 10/18/2018 – Hub Group was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 10/12/2018 – Hub Group had its price target lowered by analysts at Buckingham Research from $53.00 to $46.00. They now have a “neutral” rating on the stock.
  • 10/11/2018 – Hub Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hub Group, Inc. is a transportation management company that provides multi-modal solutions throughout North America, including intermodal, truck brokerage, dedicated and logistics services. The company is one of the largest over-the-road brokers in North America. The Company arranges for the movement of its customers’ freight in containers and trailers over long distances. Hub Group operates through a nationwide network of hubs, located near significant concentrations of shipping customers and railheads. As a publicly traded company, Hub Group delivers innovative, customer-focused solutions and industry leading service to help customers better control supply chains and their costs. It operates through a nationwide network of hubs, located near significant concentrations of shipping customers and railheads. The company is headquartered in Cambridge, MA. “
  • 10/8/2018 – Hub Group was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 10/3/2018 – Hub Group had its price target lowered by analysts at BMO Capital Markets from $55.00 to $49.00. They now have a “market perform” rating on the stock.
  • 10/2/2018 – Hub Group was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 9/28/2018 – Hub Group was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 9/15/2018 – Hub Group was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

Shares of HUBG opened at $45.55 on Wednesday. Hub Group Inc has a 52-week low of $38.40 and a 52-week 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. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 23.85 and a beta of 1.43.

Hub Group (NASDAQ:HUBG) last issued its quarterly earnings results on Thursday, October 25th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.70 by $0.07. Hub Group had a return on equity of 10.77% and a net margin of 5.78%. The firm had revenue of $933.22 million for the quarter, compared to analyst estimates of $1.11 billion. Equities analysts predict that Hub Group Inc will post 2.75 earnings per share for the current year.

In other news, Director Charles R. Reaves sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $50.24, for a total transaction of $125,600.00. Following the transaction, the director now directly owns 68,768 shares of the company’s stock, valued at $3,454,904.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.75% of the stock is owned by corporate insiders.

Several large investors have recently modified their holdings of the company. Tower Research Capital LLC TRC raised its position in shares of Hub Group by 16.8% during the second quarter. Tower Research Capital LLC TRC now owns 6,752 shares of the transportation company’s stock worth $336,000 after purchasing an additional 973 shares during the period. Granite Investment Partners LLC raised its position in shares of Hub Group by 0.5% during the second quarter. Granite Investment Partners LLC now owns 300,801 shares of the transportation company’s stock worth $14,980,000 after purchasing an additional 1,382 shares during the period. US Bancorp DE raised its position in shares of Hub Group by 17.0% during the third quarter. US Bancorp DE now owns 10,035 shares of the transportation company’s stock worth $457,000 after purchasing an additional 1,456 shares during the period. Stone Ridge Asset Management LLC raised its position in shares of Hub Group by 17.6% during the third quarter. Stone Ridge Asset Management LLC now owns 13,208 shares of the transportation company’s stock worth $602,000 after purchasing an additional 1,977 shares during the period. Finally, Wells Fargo & Company MN raised its position in shares of Hub Group by 3.9% during the third quarter. Wells Fargo & Company MN now owns 56,906 shares of the transportation company’s stock worth $2,595,000 after purchasing an additional 2,156 shares during the period. 90.66% of the stock is currently owned by institutional investors.

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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