William Blair Analysts Begin Coverage on Hub Group (HUBG)

By admin | 6 years ago

Investment analysts at William Blair began coverage on shares of Hub Group (NASDAQ: HUBG) in a note issued to investors on Monday. The firm set a “market perform” rating on the stock.

Shares of Hub Group traded up 0.27% during mid-day trading on Monday, hitting $33.89. Hub Group has a one year low of $25.77 and a one year high of $40.50. The company has a market cap of $1.280 billion and a P/E ratio of 20.36.

Hub Group last issued its quarterly earnings data on Thursday, April 19th. The company reported $0.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.36 by $0.01. Hub Group’s revenue was up 52.5% compared to the same quarter last year. On average, analysts predict that Hub Group will post $0.57 earnings per share next quarter.

Separately, analysts at UBS AG (NYSE: UBS) raised their price target on shares of Hub Group from $38.00 to $39.00 in a research note to investors on Friday, April 20th. They now have a “neutral” rating on the stock.

Hub Group, Inc. is an asset-light freight transportation management company. The Company offers intermodal, truck brokerage and logistics services.

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