Q1 2018 EPS Estimates for Hub Group Inc Cut by KeyCorp (HUBG)

Hub Group Inc (NASDAQ:HUBG) – Stock analysts at KeyCorp reduced their Q1 2018 earnings estimates for shares of Hub Group in a research note issued on Wednesday, April 11th. KeyCorp analyst T. Fowler now expects that the transportation company will earn $0.39 per share for the quarter, down from their prior estimate of $0.43. KeyCorp also issued estimates for Hub Group’s FY2019 earnings at $2.80 EPS.

Hub Group (NASDAQ:HUBG) last released its quarterly earnings data on Thursday, February 8th. The transportation company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.22. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.10 billion. Hub Group had a return on equity of 9.36% and a net margin of 3.35%. The business’s revenue for the quarter was up 18.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.55 earnings per share.



Several other analysts have also issued reports on the company. Zacks Investment Research upgraded Hub Group from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Robert W. Baird upgraded Hub Group from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $45.00 to $55.00 in a research note on Tuesday, December 19th. BidaskClub lowered Hub Group from a “buy” rating to a “hold” rating in a research note on Friday, January 26th. Morgan Stanley upped their price objective on Hub Group from $40.00 to $43.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 13th. Finally, Stephens restated an “overweight” rating and issued a $57.00 price objective (up previously from $50.00) on shares of Hub Group in a research note on Thursday, December 14th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $48.00.

NASDAQ:HUBG opened at $42.35 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market capitalization of $1,402.69, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 1.19 and a beta of 1.44. Hub Group has a 12-month low of $33.17 and a 12-month high of $52.25.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its stake in shares of Hub Group by 1.2% during the third quarter. Dimensional Fund Advisors LP now owns 2,549,524 shares of the transportation company’s stock worth $109,502,000 after purchasing an additional 31,287 shares during the period. Bank of New York Mellon Corp increased its stake in Hub Group by 4.0% during the 4th quarter. Bank of New York Mellon Corp now owns 1,332,937 shares of the transportation company’s stock worth $63,847,000 after acquiring an additional 50,681 shares during the period. BTIM Corp. increased its stake in Hub Group by 33.5% during the 4th quarter. BTIM Corp. now owns 482,654 shares of the transportation company’s stock worth $23,119,000 after acquiring an additional 121,101 shares during the period. Peregrine Capital Management LLC increased its stake in Hub Group by 0.7% during the 4th quarter. Peregrine Capital Management LLC now owns 406,175 shares of the transportation company’s stock worth $19,456,000 after acquiring an additional 2,625 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its stake in Hub Group by 8.1% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 329,319 shares of the transportation company’s stock worth $15,775,000 after acquiring an additional 24,540 shares during the period. Institutional investors own 92.87% of the company’s stock.

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Hub Group Company Profile

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).

Earnings History and Estimates for Hub Group (NASDAQ:HUBG)

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