Media stories about Hub Group (NASDAQ:HUBG) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hub Group earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media headlines about the transportation company an impact score of 47.9631817642653 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
HUBG has been the subject of several research analyst reports. KeyCorp reaffirmed a “neutral” rating on shares of Hub Group in a research report on Friday, August 25th. Cowen and Company reissued a “hold” rating and set a $40.00 price target on shares of Hub Group in a research report on Thursday, October 12th. Buckingham Research assumed coverage on shares of Hub Group in a research report on Friday, October 20th. They set a “neutral” rating and a $43.00 price target for the company. Zacks Investment Research raised shares of Hub Group from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a report on Monday, October 2nd. Finally, Loop Capital assumed coverage on shares of Hub Group in a report on Tuesday, October 3rd. They issued a “hold” rating and a $47.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $45.36.
Shares of Hub Group (NASDAQ HUBG) opened at $43.80 on Tuesday. The stock has a market cap of $1,490.74, a price-to-earnings ratio of 25.56, a P/E/G ratio of 1.73 and a beta of 1.46. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.19 and a current ratio of 1.19. Hub Group has a 12 month low of $33.17 and a 12 month high of $52.50.
Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, October 26th. The transportation company reported $0.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.06. Hub Group had a net margin of 1.39% and a return on equity of 8.87%. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the previous year, the business posted $0.54 earnings per share. The business’s revenue was up 13.0% compared to the same quarter last year. equities analysts forecast that Hub Group will post 1.69 EPS for the current year.
In other Hub Group news, Director Charles R. Reaves sold 6,000 shares of the stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $37.60, for a total transaction of $225,600.00. Following the transaction, the director now directly owns 67,947 shares in the company, valued at approximately $2,554,807.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.36% of the company’s stock.
Hub Group Company Profile
Hub Group, Inc is an asset-light freight transportation management company. The Company offers intermodal, truck brokerage and logistics services. It operates through two business segments: Mode and Hub. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage and logistics, primarily through agents entering into contractual arrangements with Mode Transportation, LLC (Mode LLC).
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