Hub Group (HUBG) Expected to Announce Earnings on Thursday

Hub Group (NASDAQ:HUBG) is projected to release its earnings data after the market closes on Thursday, February 6th. Analysts expect Hub Group to post earnings of $0.48 per share and revenue of $1.01 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Hub Group Price Performance

Shares of HUBG stock opened at $43.27 on Tuesday. The business has a fifty day simple moving average of $46.54 and a 200 day simple moving average of $45.58. The company has a market cap of $2.66 billion, a P/E ratio of 24.59 and a beta of 0.94. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.12. Hub Group has a twelve month low of $38.07 and a twelve month high of $53.21.

Hub Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were issued a $0.125 dividend. The ex-dividend date was Friday, December 6th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.16%. Hub Group’s dividend payout ratio (DPR) is currently 28.41%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Stifel Nicolaus upped their price objective on shares of Hub Group from $46.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Susquehanna upgraded shares of Hub Group from a “neutral” rating to a “positive” rating and set a $55.00 price target for the company in a report on Friday, January 3rd. Barclays raised their price objective on Hub Group from $42.00 to $52.00 and gave the company an “equal weight” rating in a report on Wednesday, November 13th. Benchmark upped their target price on Hub Group from $47.00 to $49.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, TD Cowen lifted their price target on Hub Group from $43.00 to $49.00 and gave the company a “hold” rating in a research note on Thursday, October 31st. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $48.27.

Hub Group Company Profile

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.