Hub Group (NASDAQ:HUBG) Sets New 12-Month High – Should You Buy?

Hub Group, Inc. (NASDAQ:HUBG) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $47.74 and last traded at $48.1950, with a volume of 113067 shares trading hands. The stock had previously closed at $45.98.

Analyst Upgrades and Downgrades

HUBG has been the topic of several recent research reports. Wolfe Research restated an “outperform” rating and set a $50.00 price target on shares of Hub Group in a report on Thursday, January 8th. JPMorgan Chase & Co. upped their target price on shares of Hub Group from $42.00 to $50.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Robert W. Baird set a $47.00 price target on shares of Hub Group in a research note on Tuesday, January 6th. Benchmark boosted their price target on shares of Hub Group from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Friday. Finally, Wells Fargo & Company began coverage on shares of Hub Group in a report on Friday, December 5th. They issued an “overweight” rating and a $47.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Hub Group has an average rating of “Moderate Buy” and a consensus price target of $46.20.

Hub Group Price Performance

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 firm has a market cap of $2.90 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.38 and a beta of 1.14. The stock has a 50-day moving average price of $42.65 and a 200 day moving average price of $38.06.

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

Hub Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Friday, December 5th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.1%. Hub Group’s dividend payout ratio (DPR) is currently 28.90%.

Insider Activity at Hub Group

In related news, Director Gary Yablon purchased 4,566 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was acquired at an average price of $43.73 per share, for a total transaction of $199,671.18. Following the completion of the purchase, the director directly owned 32,778 shares of the company’s stock, valued at $1,433,381.94. This trade represents a 16.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Phillip D. Yeager sold 32,000 shares of Hub Group stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $43.68, for a total transaction of $1,397,760.00. Following the completion of the transaction, the chief executive officer owned 168,315 shares in the company, valued at approximately $7,351,999.20. This trade represents a 15.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.48% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Hub Group

Institutional investors have recently made changes to their positions in the stock. Frazier Financial Advisors LLC purchased a new stake in shares of Hub Group during the 3rd quarter worth approximately $35,000. Quarry LP increased its stake in Hub Group by 271.5% in the 3rd quarter. Quarry LP now owns 1,107 shares of the transportation company’s stock valued at $38,000 after purchasing an additional 809 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in Hub Group by 33.4% during the second quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company’s stock worth $44,000 after purchasing an additional 321 shares during the last quarter. GAMMA Investing LLC boosted its position in Hub Group by 161.9% during the second quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company’s stock worth $46,000 after purchasing an additional 850 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in Hub Group by 333.8% during the second quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company’s stock worth $50,000 after purchasing an additional 1,145 shares in the last quarter. 46.77% of the stock is currently owned by hedge funds and other institutional investors.

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.