Hub Group (HUBG) Expected to Announce Quarterly Earnings on Thursday

Hub Group (NASDAQ:HUBG) is expected to be releasing 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. Individual that wish to register for the company’s earnings conference call can do so using this link.

Hub Group Stock Performance

HUBG stock opened at $43.27 on Tuesday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.12. The firm has a market cap of $2.66 billion, a PE ratio of 24.59 and a beta of 0.94. The business has a 50 day moving average of $46.54 and a 200-day moving average of $45.58. Hub Group has a 12-month low of $38.07 and a 12-month high of $53.21.

Hub Group Dividend Announcement

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

Wall Street Analyst Weigh In

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

About Hub Group

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.