The Q4 2016 EPS Estimates for Hub Group Inc. (HUBG) Cut by William Blair

The Q4 2016 EPS Estimates for Hub Group Inc. (HUBG) Cut by William Blair

Hub Group Inc. (NASDAQ:HUBG) – Stock analysts at William Blair lowered their Q4 2016 earnings per share estimates for shares of Hub Group in a report released on Thursday. William Blair analyst N. Brochmann now anticipates that the brokerage will earn $0.43 per share for the quarter, down from their previous forecast of $0.52. William Blair also issued estimates for Hub Group’s Q1 2017 earnings at $0.38 EPS, Q2 2017 earnings at $0.51 EPS, Q3 2017 earnings at $0.62 EPS and Q4 2017 earnings at $0.60 EPS.

Several other equities analysts have also commented on the stock. Stifel Nicolaus upgraded shares of Hub Group from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research report on Friday. Barclays PLC increased their price objective on shares of Hub Group from $42.00 to $43.00 and gave the company an “underweight” rating in a research report on Monday, September 12th. Cowen and Company assumed coverage on shares of Hub Group in a research report on Wednesday, August 17th. They set a “market perform” rating and a $43.00 price objective for the company. BMO Capital Markets reiterated a “hold” rating and set a $40.00 price objective on shares of Hub Group in a research report on Wednesday, July 27th. Finally, Zacks Investment Research upgraded shares of Hub Group from a “sell” rating to a “hold” rating in a research report on Thursday, July 7th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $40.60.

Hub Group (NASDAQ:HUBG) opened at 35.95 on Monday. The stock has a market cap of $1.22 billion, a PE ratio of 15.75 and a beta of 1.09. Hub Group has a 12 month low of $28.19 and a 12 month high of $43.51. The company’s 50 day moving average is $39.96 and its 200 day moving average is $39.90.

Hub Group (NASDAQ:HUBG) last announced its quarterly earnings results on Wednesday, October 26th. The company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by $0.01. Hub Group had a net margin of 2.27% and a return on equity of 13.12%. The company had revenue of $932.81 million for the quarter, compared to analysts’ expectations of $393.30 million. During the same quarter in the prior year, the firm earned $0.55 EPS. Hub Group’s quarterly revenue was up 3.7% compared to the same quarter last year.

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Hub Group by 0.4% in the second quarter. Vanguard Group Inc. now owns 2,673,644 shares of the company’s stock worth $102,587,000 after buying an additional 10,133 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Hub Group by 17.6% in the second quarter. Dimensional Fund Advisors LP now owns 2,227,624 shares of the company’s stock worth $85,473,000 after buying an additional 334,166 shares during the period. Fisher Asset Management LLC increased its position in Hub Group by 1.1% in the third quarter. Fisher Asset Management LLC now owns 1,533,513 shares of the company’s stock worth $62,506,000 after buying an additional 16,615 shares during the period. BlackRock Institutional Trust Company N.A. increased its position in Hub Group by 34.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,387,649 shares of the company’s stock worth $56,602,000 after buying an additional 352,765 shares during the period. Finally, State Street Corp increased its position in Hub Group by 6.5% in the first quarter. State Street Corp now owns 886,996 shares of the company’s stock worth $36,178,000 after buying an additional 54,164 shares during the period. Institutional investors own 95.89% of the company’s stock.

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