Key Points
- CEO Phillip Yeager sold 32,000 shares on December 11 at an average price of $43.68, realizing $1,397,760 and reducing his position by 15.97% to 168,315 shares (worth about $7.35M).
- Quarterly dividend announced: Hub Group will pay $0.125 per share (annualized $0.50, yield ~1.2%) with an ex-dividend date of December 5 and payment on December 17.
- Hub Group reported Q3 EPS of $0.49 (in line with estimates) and revenue of $934.5M (slightly below consensus), and set FY2025 EPS guidance of $1.80–$1.90 while analysts average about $2.20.
Hub Group, Inc. (NASDAQ:HUBG - Get Free Report) Director Gary Yablon acquired 4,566 shares of the firm's stock in a transaction on Thursday, December 11th. The shares were bought at an average cost of $43.73 per share, for a total transaction of $199,671.18. Following the completion of the acquisition, the director directly owned 32,778 shares of the company's stock, valued at approximately $1,433,381.94. This represents a 16.18% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Hub Group Price Performance
Hub Group stock opened at $43.22 on Tuesday. The business has a 50 day simple moving average of $37.12 and a 200 day simple moving average of $35.82. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.47 and a quick ratio of 1.47. The company has a market capitalization of $2.64 billion, a PE ratio of 24.98, a price-to-earnings-growth ratio of 1.50 and a beta of 1.16. Hub Group, Inc. has a one year low of $30.75 and a one year high of $49.60.
Hub Group (NASDAQ:HUBG - Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.49 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.49. Hub Group had a return on equity of 6.58% and a net margin of 2.82%.The firm had revenue of $934.50 million during the quarter, compared to analyst estimates of $937.78 million. During the same period in the prior year, the company posted $0.52 earnings per share. The business's revenue for the quarter was down 5.3% compared to the same quarter last year. Hub Group has set its FY 2025 guidance at 1.800-1.900 EPS. On average, sell-side analysts forecast that Hub Group, Inc. will post 2.2 EPS for the current fiscal year.
Hub Group Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Friday, December 5th will be given a $0.125 dividend. The ex-dividend date is Friday, December 5th. This represents a $0.50 dividend on an annualized basis and a yield of 1.2%. Hub Group's payout ratio is 28.90%.
Institutional Investors Weigh In On Hub Group
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Frazier Financial Advisors LLC acquired a new stake in Hub Group in the third quarter worth about $35,000. Quarry LP boosted its stake in shares of Hub Group by 271.5% in the 3rd quarter. Quarry LP now owns 1,107 shares of the transportation company's stock valued at $38,000 after purchasing an additional 809 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of Hub Group by 33.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,282 shares of the transportation company's stock worth $44,000 after buying an additional 321 shares during the period. GAMMA Investing LLC raised its stake in shares of Hub Group by 161.9% during the second quarter. GAMMA Investing LLC now owns 1,375 shares of the transportation company's stock worth $46,000 after buying an additional 850 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in Hub Group by 333.8% in the second quarter. NewEdge Advisors LLC now owns 1,488 shares of the transportation company's stock valued at $50,000 after buying an additional 1,145 shares during the period. Institutional investors own 46.77% of the company's stock.
Analyst Ratings Changes
HUBG has been the subject of several recent analyst reports. Stifel Nicolaus set a $41.00 price objective on shares of Hub Group and gave the stock a "buy" rating in a report on Friday, October 3rd. BMO Capital Markets raised their price target on Hub Group from $38.00 to $40.00 and gave the company a "market perform" rating in a report on Monday, November 3rd. Susquehanna cut their price objective on Hub Group from $47.00 to $42.00 and set a "positive" rating for the company in a research report on Wednesday, September 24th. Barclays lowered their target price on Hub Group from $40.00 to $38.00 and set an "equal weight" rating for the company in a research note on Thursday, October 2nd. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Hub Group in a report on Monday, December 8th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Hub Group has an average rating of "Moderate Buy" and a consensus price target of $40.79.
View Our Latest Research Report on HUBG
Hub Group Company Profile
(
Get Free Report)
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.
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