Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Hub Group (NASDAQ:HUBG) is set to post its quarterly earnings results after the market closes on Tuesday, February 8th. Analysts expect Hub Group to post earnings of $1.41 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Shares of HUBG opened at $75.72 on Tuesday. The firm has a market capitalization of $2.62 billion, a P/E ratio of 23.37 and a beta of 0.98. The company has a 50-day simple moving average of $80.84 and a 200-day simple moving average of $74.83. Hub Group has a 52 week low of $52.35 and a 52 week high of $87.21. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.37 and a current ratio of 1.37.
A number of equities analysts have recently issued reports on the stock. Stephens upped their target price on shares of Hub Group from $91.00 to $95.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 4th. KeyCorp increased their target price on shares of Hub Group from $85.00 to $95.00 and gave the stock an “overweight” rating in a report on Friday, October 29th. BMO Capital Markets reiterated a “hold” rating and issued a $80.00 target price on shares of Hub Group in a report on Sunday, October 31st. Morgan Stanley increased their price objective on shares of Hub Group from $68.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 2nd. Finally, Zacks Investment Research downgraded shares of Hub Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 12th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, Hub Group presently has a consensus rating of “Buy” and a consensus target price of $83.83.
document.write(‘Download your FREE Technical Analysis Trading Guide Today.‘);
document.write(‘‘);Whether you’re looking to learn the basics of futures or are a seasoned vet looking to hone your trading skills, our Technical Analysis Guide has everything you need to succeed in today’s futures markets!
Institutional investors and hedge funds have recently bought and sold shares of the business. Janus Henderson Group PLC acquired a new position in shares of Hub Group in the 3rd quarter worth approximately $233,000. Royal Bank of Canada lifted its position in shares of Hub Group by 25.4% in the 3rd quarter. Royal Bank of Canada now owns 6,846 shares of the transportation company’s stock worth $471,000 after purchasing an additional 1,388 shares during the period. Finally, Morgan Stanley lifted its position in shares of Hub Group by 45.0% in the 2nd quarter. Morgan Stanley now owns 396,941 shares of the transportation company’s stock worth $26,190,000 after purchasing an additional 123,230 shares during the period. 91.38% of the stock is currently owned by hedge funds and other institutional investors.
Hub Group Company Profile
Hub Group, Inc engages in the provision of multi-modal transportation and logistics solutions. Its solutions include intermodal transportation, truck brokerage, asset trucking, and dedicated trucking. It serves the retail, e-commerce, paper, chemical, healthcare, glass, private equity, and automotive industries.
Further Reading: NASDAQ Stock Market Explained
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider Hub Group, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Hub Group wasn’t on the list.
While Hub Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Each market day you’ll get a one-minute market summary to help you invest wisely.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.
Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.
