Hub Group (NASDAQ:HUBG) – Stock analysts at KeyCorp lifted their Q4 2018 earnings estimates for Hub Group in a note issued to investors on Sunday, May 13th. KeyCorp analyst T. Fowler now expects that the transportation company will post earnings of $0.84 per share for the quarter, up from their prior forecast of $0.82.
Hub Group (NASDAQ:HUBG) last announced its earnings results on Thursday, April 26th. The transportation company reported $0.48 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.10. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.03 billion. Hub Group had a net margin of 3.33% and a return on equity of 9.48%. The company’s revenue for the quarter was up 22.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.31 EPS.
Shares of NASDAQ HUBG opened at $47.20 on Wednesday. The firm has a market capitalization of $1.61 billion, a P/E ratio of 24.76, a P/E/G ratio of 1.29 and a beta of 1.44. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.27 and a quick ratio of 1.27. Hub Group has a 1-year low of $46.95 and a 1-year high of $47.25.
Several institutional investors have recently bought and sold shares of HUBG. CIBC Asset Management Inc acquired a new position in shares of Hub Group during the 4th quarter worth about $205,000. Aperio Group LLC acquired a new position in shares of Hub Group during the 4th quarter worth about $217,000. Amalgamated Bank acquired a new position in shares of Hub Group during the 4th quarter worth about $226,000. Victory Capital Management Inc. boosted its stake in shares of Hub Group by 47.3% during the 1st quarter. Victory Capital Management Inc. now owns 5,479 shares of the transportation company’s stock worth $229,000 after buying an additional 1,759 shares during the last quarter. Finally, Delpha Capital Management LLC acquired a new position in shares of Hub Group during the 4th quarter worth about $256,000. Institutional investors own 95.06% of the company’s stock.
Hub Group Company Profile
Hub Group, Inc, an asset-light freight transportation management company, provides intermodal, truck brokerage, and logistics services in North America. It operates through two segments, Mode and Hub. Its intermodal services include arranging for the movement of its customers' freight in containers and trailers over long distances.
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