Hub Group, Inc. (NASDAQ:HUBG) – Investment analysts at Seaport Global Securities decreased their Q1 2018 earnings estimates for Hub Group in a report issued on Friday. Seaport Global Securities analyst K. Sterling now forecasts that the transportation company will post earnings of $0.37 per share for the quarter, down from their previous estimate of $0.39. Seaport Global Securities also issued estimates for Hub Group’s Q2 2018 earnings at $0.47 EPS, Q3 2018 earnings at $0.60 EPS, Q4 2018 earnings at $0.75 EPS, Q1 2019 earnings at $0.44 EPS, Q2 2019 earnings at $0.60 EPS, Q3 2019 earnings at $0.69 EPS and FY2019 earnings at $2.50 EPS.

A number of other equities analysts have also recently issued reports on the company. UBS AG lifted their target price on Hub Group from $47.00 to $48.00 and gave the stock a “buy” rating in a report on Friday. BMO Capital Markets lifted their target price on Hub Group from $42.00 to $44.00 and gave the stock a “market perform” rating in a report on Friday. Stephens upgraded Hub Group from an “equal weight” rating to an “overweight” rating in a report on Friday. Buckingham Research assumed coverage on Hub Group in a report on Friday, October 20th. They issued a “neutral” rating and a $43.00 target price on the stock. Finally, J P Morgan Chase & Co lifted their target price on Hub Group from $40.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, October 12th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. Hub Group has an average rating of “Hold” and a consensus target price of $45.30.

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Hub Group (NASDAQ HUBG) traded up 0.46% during mid-day trading on Monday, hitting $43.80. The company had a trading volume of 144,501 shares. Hub Group has a one year low of $33.17 and a one year high of $52.50. The company has a market cap of $1.50 billion, a PE ratio of 26.09 and a beta of 1.41. The company’s 50 day moving average price is $40.76 and its 200-day moving average price is $38.10.

Hub Group (NASDAQ:HUBG) last posted its quarterly earnings data on Thursday, October 26th. The transportation company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.03 billion. Hub Group had a return on equity of 8.87% and a net margin of 1.39%. The business’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 earnings per share.

In other news, Director Charles R. Reaves sold 6,000 shares of Hub Group stock in a transaction on Monday, August 28th. The stock was sold at an average price of $37.60, for a total transaction of $225,600.00. Following the transaction, the director now owns 67,947 shares in the company, valued at $2,554,807.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.36% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Quantbot Technologies LP grew its holdings in shares of Hub Group by 37.8% during the second quarter. Quantbot Technologies LP now owns 3,338 shares of the transportation company’s stock valued at $128,000 after buying an additional 915 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of Hub Group by 12.7% during the second quarter. Public Employees Retirement System of Ohio now owns 5,079 shares of the transportation company’s stock valued at $195,000 after buying an additional 573 shares in the last quarter. Amalgamated Bank purchased a new position in shares of Hub Group during the first quarter valued at $206,000. US Bancorp DE grew its holdings in shares of Hub Group by 235.9% during the second quarter. US Bancorp DE now owns 5,525 shares of the transportation company’s stock valued at $212,000 after buying an additional 3,880 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its holdings in shares of Hub Group by 79.1% during the second quarter. State of Alaska Department of Revenue now owns 6,608 shares of the transportation company’s stock valued at $253,000 after buying an additional 2,918 shares in the last quarter. Institutional investors and hedge funds own 89.95% 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).

Earnings History and Estimates for Hub Group (NASDAQ:HUBG)

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