$0.75 Earnings Per Share Expected for Hub Group Inc (NASDAQ:HUBG) This Quarter

Analysts expect Hub Group Inc (NASDAQ:HUBG) to announce earnings per share of $0.75 for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for Hub Group’s earnings. The highest EPS estimate is $0.79 and the lowest is $0.70. Hub Group posted earnings of $0.66 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 13.6%. The company is expected to issue its next quarterly earnings results after the market closes on Tuesday, July 30th.

On average, analysts expect that Hub Group will report full year earnings of $3.29 per share for the current financial year, with EPS estimates ranging from $3.20 to $3.35. For the next fiscal year, analysts anticipate that the business will post earnings of $3.48 per share, with EPS estimates ranging from $3.29 to $3.65. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow Hub Group.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings data on Tuesday, April 30th. The transportation company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.16. Hub Group had a return on equity of 11.31% and a net margin of 5.15%. The firm had revenue of $933.00 million for the quarter, compared to the consensus estimate of $946.76 million. During the same quarter in the prior year, the company posted $0.48 earnings per share. The firm’s revenue was up 11.4% on a year-over-year basis.

HUBG has been the subject of a number of recent analyst reports. ValuEngine raised YPF from a “sell” rating to a “hold” rating in a research report on Monday, June 24th. Barclays decreased their target price on Kansas City Southern from $130.00 to $128.00 and set an “equal weight” rating for the company in a research report on Thursday, April 4th. Buckingham Research decreased their target price on Werner Enterprises from $43.00 to $42.00 and set a “buy” rating for the company in a research report on Tuesday, April 2nd. Zacks Investment Research raised HB Fuller from a “sell” rating to a “hold” rating in a research report on Wednesday, July 3rd. Finally, UBS Group cut to a “neutral” rating and decreased their target price for the stock from GBX 870 ($11.37) to GBX 650 ($8.49) in a research report on Wednesday, June 19th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. Hub Group currently has a consensus rating of “Hold” and an average price target of $53.45.

Institutional investors and hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC bought a new stake in shares of Hub Group in the first quarter valued at approximately $36,000. Acadian Asset Management LLC bought a new stake in shares of Hub Group in the fourth quarter valued at approximately $60,000. PNC Financial Services Group Inc. boosted its position in shares of Hub Group by 28.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,076 shares of the transportation company’s stock valued at $76,000 after acquiring an additional 456 shares during the period. NumerixS Investment Technologies Inc boosted its position in shares of Hub Group by 86.7% in the first quarter. NumerixS Investment Technologies Inc now owns 2,800 shares of the transportation company’s stock valued at $116,000 after acquiring an additional 1,300 shares during the period. Finally, Quantamental Technologies LLC boosted its position in shares of Hub Group by 176.4% in the first quarter. Quantamental Technologies LLC now owns 3,015 shares of the transportation company’s stock valued at $123,000 after acquiring an additional 1,924 shares during the period. 90.74% of the stock is owned by institutional investors.

Hub Group stock traded up $0.27 during trading hours on Friday, reaching $39.50. 7,162 shares of the company were exchanged, compared to its average volume of 261,076. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 15.25 and a beta of 1.56. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.22. The firm has a 50-day moving average price of $40.40. Hub Group has a 12 month low of $34.02 and a 12 month high of $56.60.

Hub Group Company Profile

Hub Group, Inc, an asset-light freight transportation management company, provides intermodal, trucking, truck brokerage, and other logistics services in North America. Its intermodal services include arranging for the movement of its customers' freight in containers and trailers over long distances.

Featured Story: Initial Public Offering (IPO)

Get a free copy of the Zacks research report on Hub Group (HUBG)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for Hub Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hub Group and related companies with MarketBeat.com's FREE daily email newsletter.