Hub Group (HUBG) Projected to Post Earnings on Thursday

Hub Group (NASDAQ:HUBG - Get Free Report) will likely be posting its quarterly earnings results 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. Persons interested in listening to the company's earnings conference call can do so using this link.

Hub Group (NASDAQ:HUBG - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The transportation company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.49 by $0.03. Hub Group had a net margin of 2.74% and a return on equity of 7.44%. The firm had revenue of $986.89 million during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm earned $0.49 EPS. Hub Group's revenue for the quarter was down 3.7% on a year-over-year basis. On average, analysts expect Hub Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hub Group Stock Performance

Shares of NASDAQ HUBG traded down $0.07 during midday trading on Thursday, reaching $44.94. 114,508 shares of the company were exchanged, compared to its average volume of 391,511. Hub Group has a 1 year low of $38.07 and a 1 year high of $53.21. The stock has a fifty day simple moving average of $46.97 and a 200 day simple moving average of $45.61. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.12. The stock has a market cap of $2.76 billion, a P/E ratio of 25.67 and a beta of 0.94.

Hub Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.11%. The ex-dividend date was Friday, December 6th. Hub Group's payout ratio is 28.41%.

Analyst Ratings Changes

A number of analysts recently commented on HUBG shares. Barclays boosted their price objective on shares of Hub Group from $42.00 to $52.00 and gave the stock an "equal weight" rating in a report on Wednesday, November 13th. Evercore ISI lifted their target price on shares of Hub Group from $41.00 to $43.00 and gave the stock an "in-line" rating in a research note on Thursday, October 3rd. Susquehanna upgraded shares of Hub Group from a "neutral" rating to a "positive" rating and set a $55.00 price objective on the stock in a report on Friday, January 3rd. Stifel Nicolaus lifted their target price on Hub Group from $46.00 to $53.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Finally, TD Cowen raised their target price on shares of Hub Group from $43.00 to $49.00 and gave the company a "hold" rating in a research note on Thursday, October 31st. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $48.42.

Hub Group Company Profile

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.