Hub Group (NASDAQ:HUBG) PT Raised to $92.00 at Robert W. Baird

Hub Group (NASDAQ:HUBGGet Rating) had its price objective upped by Robert W. Baird from $85.00 to $92.00 in a report released on Friday, The Fly reports.

Several other research firms also recently issued reports on HUBG. Susquehanna Bancshares upgraded Hub Group from a neutral rating to a positive rating and set a $83.00 target price on the stock in a research report on Tuesday. Stephens cut shares of Hub Group from an overweight rating to an equal weight rating and decreased their price target for the stock from $97.00 to $93.00 in a report on Thursday, March 31st. Wells Fargo & Company upped their price target on shares of Hub Group from $96.00 to $100.00 and gave the stock an overweight rating in a report on Wednesday, February 9th. Susquehanna raised shares of Hub Group from a neutral rating to a positive rating and decreased their price target for the stock from $92.00 to $83.00 in a report on Tuesday. Finally, Barclays upped their price target on shares of Hub Group from $78.00 to $85.00 in a report on Thursday, February 10th. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, Hub Group presently has an average rating of Buy and a consensus price target of $91.94.

NASDAQ:HUBG opened at $67.16 on Friday. The company has a market cap of $2.33 billion, a P/E ratio of 9.43 and a beta of 0.91. The stock’s fifty day moving average price is $74.19 and its two-hundred day moving average price is $78.05. Hub Group has a 1 year low of $60.81 and a 1 year high of $87.21. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.30 and a quick ratio of 1.30.

Hub Group (NASDAQ:HUBGGet Rating) last posted its earnings results on Thursday, April 28th. The transportation company reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $1.15. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.18 billion. Hub Group had a return on equity of 13.78% and a net margin of 4.05%. The business’s quarterly revenue was up 41.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.51 earnings per share. On average, analysts expect that Hub Group will post 6.14 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC purchased a new position in shares of Hub Group in the fourth quarter worth about $30,000. Point72 Hong Kong Ltd grew its stake in shares of Hub Group by 38.1% in the third quarter. Point72 Hong Kong Ltd now owns 602 shares of the transportation company’s stock worth $41,000 after purchasing an additional 166 shares during the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of Hub Group by 27.0% in the third quarter. O Shaughnessy Asset Management LLC now owns 800 shares of the transportation company’s stock worth $55,000 after purchasing an additional 170 shares during the last quarter. Pinebridge Investments L.P. bought a new stake in shares of Hub Group in the fourth quarter worth about $76,000. Finally, Stephens Inc. AR grew its stake in shares of Hub Group by 70.2% in the fourth quarter. Stephens Inc. AR now owns 970 shares of the transportation company’s stock worth $82,000 after purchasing an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 91.52% of the company’s stock.

Hub Group Company Profile (Get Rating)

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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