News coverage about Hub Group (NASDAQ:HUBG) has trended somewhat positive on Wednesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hub Group earned a news impact score of 0.19 on Accern’s scale. Accern also gave media headlines about the transportation company an impact score of 45.1995919663301 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Hub Group, Inc. Schedules Third Quarter 2017 Earnings Conference Call (finance.yahoo.com)
- Hub Group (HUBG) vs. Schneider National (SNDR) Head to Head Review (americanbankingnews.com)
- Zacks: Brokerages Anticipate Hub Group, Inc. (HUBG) Will Announce Quarterly Sales of $1.03 Billion (americanbankingnews.com)
- Comparing Hub Group (HUBG) & The Competition (americanbankingnews.com)
- Hub Group, Inc. (HUBG) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
A number of analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Hub Group from a “hold” rating to a “buy” rating and set a $48.00 price target for the company in a report on Monday, October 2nd. Stifel Nicolaus reaffirmed a “buy” rating and set a $50.00 price target on shares of Hub Group in a report on Sunday, October 1st. Barclays PLC upped their price target on shares of Hub Group from $38.00 to $40.00 and gave the stock an “underweight” rating in a report on Monday, October 2nd. Loop Capital assumed coverage on shares of Hub Group in a report on Tuesday, October 3rd. They set a “hold” rating and a $47.00 price target for the company. Finally, KeyCorp reaffirmed a “hold” rating on shares of Hub Group in a report on Tuesday, September 26th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $43.63.
Shares of Hub Group (HUBG) traded down 0.50% during trading on Wednesday, reaching $40.00. 259,256 shares of the company traded hands. The stock has a market capitalization of $1.37 billion, a PE ratio of 23.82 and a beta of 1.41. The firm’s 50-day moving average is $40.05 and its 200-day moving average is $38.59. Hub Group has a 12-month low of $33.17 and a 12-month high of $52.50.
Hub Group (NASDAQ:HUBG) last announced its earnings results on Wednesday, July 26th. The transportation company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.08). Hub Group had a net margin of 1.50% and a return on equity of 9.49%. The company had revenue of $924.50 million for the quarter, compared to the consensus estimate of $930.59 million. During the same quarter in the previous year, the firm earned $0.61 earnings per share. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. On average, equities analysts predict that Hub Group will post $1.48 earnings per share for the current fiscal year.
In other Hub Group news, Director Charles R. Reaves sold 6,000 shares of Hub Group stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $37.60, for a total transaction of $225,600.00. Following the completion of the sale, the director now directly owns 67,947 shares in the company, valued at $2,554,807.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 5.36% of the company’s stock.
Hub Group Company Profile
Hub Group, Inc is an asset-light freight transportation management company. The Company offers intermodal, truck brokerage and logistics services. It operates through two business segments: Mode and Hub. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage and logistics, primarily through agents entering into contractual arrangements with Mode Transportation, LLC (Mode LLC).
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