Hub Group (NASDAQ:HUBG) released its quarterly earnings results on Thursday. The transportation company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.22, Briefing.com reports. The business had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Hub Group had a return on equity of 8.87% and a net margin of 1.39%. The firm’s revenue for the quarter was up 18.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.55 EPS. Hub Group updated its FY18 guidance to $2.30-2.40 EPS.
Hub Group (NASDAQ:HUBG) traded down $1.13 during trading hours on Friday, hitting $43.77. The stock had a trading volume of 271,059 shares, compared to its average volume of 292,166. The company has a market cap of $1,530.00, a price-to-earnings ratio of 28.06, a price-to-earnings-growth ratio of 1.35 and a beta of 1.40. Hub Group has a 1-year low of $33.17 and a 1-year high of $52.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.19 and a quick ratio of 1.19.
Several equities analysts have weighed in on the company. Stephens upgraded Hub Group from an “equal weight” rating to an “overweight” rating in a report on Friday, October 27th. UBS Group raised their price target on Hub Group from $47.00 to $48.00 and gave the company a “buy” rating in a report on Friday, October 27th. BidaskClub cut Hub Group from a “buy” rating to a “hold” rating in a report on Friday, January 26th. Barclays restated a “sell” rating and set a $45.00 price target on shares of Hub Group in a report on Wednesday, December 13th. Finally, Wells Fargo & Co restated a “market perform” rating and set a $46.00 price target (up previously from $37.00) on shares of Hub Group in a report on Thursday, November 2nd. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $48.42.
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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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