Hub Group (HUBG) Projected to Post Quarterly Earnings on Thursday

Hub Group (NASDAQ:HUBG) is anticipated to post 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 registering for the company’s earnings conference call can do so using this link.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings results on Wednesday, October 30th. The transportation company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.03. Hub Group had a return on equity of 7.44% and a net margin of 2.74%. The company had revenue of $986.89 million during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the company earned $0.49 EPS. Hub Group’s revenue was down 3.7% compared to the same quarter last year. 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 Down 0.9 %

NASDAQ:HUBG opened at $45.01 on Thursday. The company has a market cap of $2.76 billion, a PE ratio of 25.57 and a beta of 0.94. The firm’s 50 day simple moving average is $46.97 and its 200 day simple moving average is $45.61. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.30 and a quick ratio of 1.30. Hub Group has a one year low of $38.07 and a one year high of $53.21.

Hub Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors 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 yield of 1.11%. The ex-dividend date was Friday, December 6th. Hub Group’s dividend payout ratio is presently 28.41%.

Wall Street Analyst Weigh In

Several analysts have recently commented on HUBG shares. Barclays raised their price objective on shares of Hub Group from $42.00 to $52.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Benchmark lifted their price target on shares of Hub Group from $47.00 to $49.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Evercore ISI upped their price objective on shares of Hub Group from $41.00 to $43.00 and gave the company an “in-line” rating in a report on Thursday, October 3rd. Stifel Nicolaus raised their target price on Hub Group from $46.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Finally, TD Cowen upped their price target on Hub Group from $43.00 to $49.00 and gave the stock a “hold” rating in a research note on Thursday, October 31st. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Hub Group currently has a consensus rating of “Hold” and an average target price of $48.42.

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.