Hub Group (NASDAQ:HUBG) Sets New 1-Year High – Time to Buy?

Hub Group, Inc. (NASDAQ:HUBG) shares hit a new 52-week high on Monday . The company traded as high as $46.67 and last traded at $46.5010, with a volume of 24708 shares trading hands. The stock had previously closed at $46.47.

Wall Street Analyst Weigh In

A number of analysts have recently commented on HUBG shares. Barclays dropped their price objective on Hub Group from $40.00 to $38.00 and set an “equal weight” rating for the company in a report on Thursday, October 2nd. BMO Capital Markets upped their price target on Hub Group from $38.00 to $40.00 and gave the stock a “market perform” rating in a research note on Monday, November 3rd. Robert W. Baird set a $47.00 price objective on Hub Group in a report on Tuesday, January 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Hub Group in a report on Monday, December 29th. Finally, Cowen reissued a “hold” rating on shares of Hub Group in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Hub Group currently has a consensus rating of “Moderate Buy” and an average price target of $43.07.

Hub Group Price Performance

The company has a 50-day moving average price of $40.32 and a two-hundred day moving average price of $37.23. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.47 and a quick ratio of 1.47. The company has a market cap of $2.89 billion, a PE ratio of 27.23, a P/E/G ratio of 1.30 and a beta of 1.14.

Hub Group (NASDAQ:HUBG) last announced its earnings results on Thursday, October 30th. The transportation company reported $0.49 EPS for the quarter, meeting the consensus estimate of $0.49. The business had revenue of $934.50 million for the quarter, compared to the consensus estimate of $937.78 million. Hub Group had a return on equity of 6.58% and a net margin of 2.82%.The company’s revenue was down 5.3% on a year-over-year basis. During the same period last year, the business posted $0.52 EPS. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. Sell-side analysts expect that Hub Group, Inc. will post 2.2 earnings per share for the current fiscal year.

Hub Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Friday, December 5th were paid a $0.125 dividend. The ex-dividend date was Friday, December 5th. This represents a $0.50 annualized dividend and a dividend yield of 1.1%. Hub Group’s dividend payout ratio is 28.90%.

Insider Buying and Selling at Hub Group

In other Hub Group news, CEO Phillip D. Yeager sold 32,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $43.68, for a total value of $1,397,760.00. Following the completion of the transaction, the chief executive officer directly owned 168,315 shares of the company’s stock, valued at $7,351,999.20. This represents a 15.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Gary Yablon bought 4,566 shares of the stock in a transaction dated Thursday, December 11th. The shares were acquired at an average price of $43.73 per share, with a total value of $199,671.18. Following the completion of the purchase, the director directly owned 32,778 shares of the company’s stock, valued at approximately $1,433,381.94. This represents a 16.18% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 3.48% of the company’s stock.

Institutional Investors Weigh In On Hub Group

A number of hedge funds have recently bought and sold shares of HUBG. Frazier Financial Advisors LLC purchased a new position in shares of Hub Group during the 3rd quarter valued at approximately $35,000. Quarry LP raised its holdings in Hub Group by 271.5% in the third quarter. Quarry LP now owns 1,107 shares of the transportation company’s stock valued at $38,000 after acquiring an additional 809 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in Hub Group by 33.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock valued at $44,000 after acquiring an additional 321 shares during the last quarter. GAMMA Investing LLC grew its holdings in Hub Group by 161.9% during the 2nd quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock worth $46,000 after acquiring an additional 850 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its holdings in Hub Group by 884.1% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,486 shares of the transportation company’s stock worth $51,000 after acquiring an additional 1,335 shares in the last quarter. Institutional investors and hedge funds own 46.77% of the company’s stock.

Hub Group Company Profile

Hub Group, Inc (NASDAQ: HUBG) is a leading supply chain solutions provider headquartered in Oak Brook, Illinois. Founded in 1971 as Hub City Terminals and renamed Hub Group in 1978, the company completed its initial public offering in 2007. Over the decades, Hub Group has developed a comprehensive multimodal transportation network, leveraging partnerships with major rail carriers and an extensive drayage fleet to offer cost-efficient, sustainable shipping alternatives.

The company operates through two primary segments: Intermodal and Transportation Management.