Zacks: Analysts Expect Hub Group Inc (HUBG) to Post $0.90 EPS

Brokerages predict that Hub Group Inc (NASDAQ:HUBG) will announce $0.90 earnings per share for the current quarter, Zacks Investment Research reports. Six analysts have issued estimates for Hub Group’s earnings. The highest EPS estimate is $0.93 and the lowest is $0.88. Hub Group reported earnings of $2.99 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 69.9%. The firm is scheduled to report its next earnings results on Thursday, February 14th.

According to Zacks, analysts expect that Hub Group will report full-year earnings of $2.82 per share for the current fiscal year, with EPS estimates ranging from $2.78 to $2.86. For the next fiscal year, analysts anticipate that the firm will post earnings of $3.18 per share, with EPS estimates ranging from $2.85 to $3.50. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that that provide coverage for Hub Group.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings data on Thursday, October 25th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.07. The business had revenue of $933.22 million during the quarter, compared to the consensus estimate of $1.11 billion. Hub Group had a net margin of 5.78% and a return on equity of 10.77%.

HUBG has been the subject of several analyst reports. ValuEngine downgraded shares of Hub Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. Loop Capital lifted their price target on shares of Hub Group from $58.00 to $71.00 and gave the company a “buy” rating in a research note on Friday, October 26th. Morgan Stanley set a $44.00 price target on shares of Hub Group and gave the company a “hold” rating in a research note on Monday, October 22nd. BidaskClub raised shares of Hub Group from a “strong sell” rating to a “sell” rating in a research note on Thursday, October 18th. Finally, UBS Group downgraded shares of Hub Group from a “buy” rating to a “neutral” rating and decreased their price target for the company from $53.00 to $48.00 in a research note on Tuesday, December 4th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Hub Group currently has an average rating of “Hold” and an average target price of $56.60.

NASDAQ HUBG traded down $0.36 during trading on Friday, hitting $41.21. The stock had a trading volume of 2,575 shares, compared to its average volume of 261,737. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.54 and a quick ratio of 1.54. The company has a market cap of $1.40 billion, a P/E ratio of 21.58 and a beta of 1.46. Hub Group has a one year low of $34.02 and a one year high of $56.60.

A number of large investors have recently modified their holdings of the stock. BlackRock Inc. raised its stake in Hub Group by 10.0% in the third quarter. BlackRock Inc. now owns 5,031,121 shares of the transportation company’s stock worth $229,420,000 after buying an additional 455,514 shares in the last quarter. Vanguard Group Inc raised its stake in Hub Group by 1.9% in the third quarter. Vanguard Group Inc now owns 3,229,650 shares of the transportation company’s stock worth $147,272,000 after buying an additional 59,261 shares in the last quarter. Vanguard Group Inc. raised its stake in Hub Group by 1.9% in the third quarter. Vanguard Group Inc. now owns 3,229,650 shares of the transportation company’s stock worth $147,272,000 after buying an additional 59,261 shares in the last quarter. Diamond Hill Capital Management Inc. raised its stake in Hub Group by 0.8% in the third quarter. Diamond Hill Capital Management Inc. now owns 2,957,198 shares of the transportation company’s stock worth $134,848,000 after buying an additional 23,892 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Hub Group by 2.2% in the third quarter. Dimensional Fund Advisors LP now owns 2,726,052 shares of the transportation company’s stock worth $124,307,000 after buying an additional 58,453 shares in the last quarter. 90.73% of the stock is owned by institutional investors.

About Hub Group

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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