TD Cowen reiterated coverage on Hub Group with a new price target
$HUBG
Oil Refining/Marketing
Consumer Discretionary
TD Cowen reiterated coverage of Hub Group with a rating of Hold and set a new price target of $49.00 from $43.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/31/2024 | $43.00 → $49.00 | Hold | TD Cowen |
| 7/18/2024 | $50.00 → $43.00 | Buy → Hold | TD Cowen |
| 6/25/2024 | $44.00 | Outperform → In-line | Evercore ISI |
| 2/2/2024 | $52.00 → $54.00 | Outperform | TD Cowen |
| 1/10/2024 | $88.00 → $97.00 | Positive → Neutral | Susquehanna |
| 12/21/2023 | $101.00 → $104.00 | Outperform | TD Cowen |
| 10/27/2023 | $100.00 → $84.00 | Overweight → Neutral | JP Morgan |
| 10/4/2023 | $98.00 | Peer Perform → Outperform | Wolfe Research |
4 - Hub Group, Inc. (0000940942) (Issuer)
4 - Hub Group, Inc. (0000940942) (Issuer)
4 - Hub Group, Inc. (0000940942) (Issuer)
Highlights: GAAP diluted earnings per share (EPS) of $0.39 and revenue of $1.0 billion for the third quarterNon-GAAP adjusted EPS of $0.52, which excludes adjustments for a network alignment initiative and transaction related expenses in the quarter Quarterly operating income of $32 million or 3.3% of revenue, adjusted operating income (non-GAAP) of $42 million or 4.3% of revenue Returned $91 million to shareholders year-to-date through stock repurchases of $68 million, including $35 million in the third quarter, and dividend payments of $23 millionStrong balance sheet with cash and cash equivalents of $186 million and net debt/EBITDA LTM (non-GAAP) of 0.3x as of September 30, 2024Expanded
OAK BROOK, Ill., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Wednesday, October 30, 2024, to discuss third quarter 2024 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group's web site at www.hubgroup.com. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the telephone dial-in instructions below. To participate in the conference call by telephone, please pre-register at https://register.vevent.com/register/BIcfa856aa
OAK BROOK, Ill., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company's Class A and Class B Common Stock. The dividend is scheduled to be paid on September 25, 2024, to stockholders of record as of September 6, 2024. Hub Group's quarterly cash dividend program, initially set at $0.50 per share per year, is part of its previously announced growth-focused capital allocation plan. CERTAIN FORWARD-LOOKING STATEMENTS: Statements in this press release that are not historical facts are forward-looking statements, provided pursuant to the safe harbor established under the Priva
10-Q - Hub Group, Inc. (0000940942) (Filer)
8-K - Hub Group, Inc. (0000940942) (Filer)
10-Q - Hub Group, Inc. (0000940942) (Filer)
SC 13G/A - Hub Group, Inc. (0000940942) (Subject)
SC 13G/A - Hub Group, Inc. (0000940942) (Subject)
SC 13G/A - Hub Group, Inc. (0000940942) (Subject)
Acquisition of Forward Air Final Mile ("FAFM") enhances end-to-end solutions for Hub Group's customers and adds significant scale and service capability in appliance delivery and installation. Transaction Highlights Increases Hub Group's LTM Final Mile revenue from $192m to $481mDrives continued diversification into non-asset based logistics services; pro forma LTM Logistics revenue now represents 44% of total Hub revenueAdds new capabilities in appliance delivery and installation and increases company operated terminal footprintImmediately accretive to Hub Group's 2024 GAAP and cash EPS prior to expected cross-sell and operational synergiesMeaningful cross-sell and operational synergies f
Highlights: David P. Yeager appointed Executive Chairman of Hub Group and will retire as CEOPhillip Yeager appointed as President and Chief Executive Officer of Hub Group, effective January 1, 2023Hub also names Chief Operating Officer, Chief Commercial Officer and Chief Marketing Officer OAK BROOK, Ill., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) today announced that, as part of a planned succession process, its Board of Directors approved several leadership changes that will become effective January 1, 2023. After serving as Chief Executive Officer of Hub Group for twenty-six years, David P. Yeager will retire as CEO while continuing in the role of Executiv
OAK BROOK, Ill., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Hub Group (NASDAQ:HUBG), today announced that it has appointed Thomas P. LaFrance as EVP, General Counsel and Secretary of Hub Group. "We are pleased to welcome Tom to the Hub Group team. His experience across multiple industries, including transportation, coupled with Mergers & Acquisitions, public company, corporate governance and regulatory experience is a great fit," said David Yeager, Hub Group Chairman and Chief Executive Officer. "Tom has the experience to guide Hub Group through this next phase of growth as an industry-leading supply chain solutions provider." LaFrance has held multiple General Counsel positions including with Ge
TD Cowen reiterated coverage of Hub Group with a rating of Hold and set a new price target of $49.00 from $43.00 previously
TD Cowen downgraded Hub Group from Buy to Hold and set a new price target of $43.00 from $50.00 previously
Evercore ISI downgraded Hub Group from Outperform to In-line and set a new price target of $44.00
Throughout the last three months, 8 analysts have evaluated Hub Group (NASDAQ:HUBG), offering a diverse set of opinions from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 5 0 0 Last 30D 0 0 1 0 0 1M Ago 1 0 2 0 0 2M Ago 0 0 0 0 0 3M Ago 1 1 2 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $44.88, along with a high estimate of $49.00 and a low estimate of $42.00. This current average represen
TD Cowen analyst Jason Seidl downgrades Hub Group (NASDAQ:HUBG) from Buy to Hold and lowers the price target from $50 to $43.
JP Morgan analyst Brian Ossenbeck maintains Hub Group (NASDAQ:HUBG) with a Neutral and lowers the price target from $44 to $43.
Highlights: GAAP diluted earnings per share (EPS) of $0.39 and revenue of $1.0 billion for the third quarterNon-GAAP adjusted EPS of $0.52, which excludes adjustments for a network alignment initiative and transaction related expenses in the quarter Quarterly operating income of $32 million or 3.3% of revenue, adjusted operating income (non-GAAP) of $42 million or 4.3% of revenue Returned $91 million to shareholders year-to-date through stock repurchases of $68 million, including $35 million in the third quarter, and dividend payments of $23 millionStrong balance sheet with cash and cash equivalents of $186 million and net debt/EBITDA LTM (non-GAAP) of 0.3x as of September 30, 2024Expanded
OAK BROOK, Ill., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will present at the following investor conferences during November 2024. Baird 2024 Global Industrials ConferenceWednesday, November 13, 2024, at 2:20 p.m. Central Time in Chicago, Illinois. Live audio webcast and replay of the presentation may be accessed for 30 days on the "Investors" section of the company's website at: www.hubgroup.com. Stephens Annual Investment Conference Tuesday, November 19, 2024, at 10:00 a.m. Central Time in Nashville, Tennessee. Live audio webcast and replay of the presentation may be accessed for 30 days on the "Investors" section of the company's we
OAK BROOK, Ill., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Wednesday, October 30, 2024, to discuss third quarter 2024 results. The results will be announced via press release after the market closes on the day of the call. This call is being webcast and can be accessed through the Investors link on Hub Group's web site at www.hubgroup.com. The webcast is listen-only. Those interested in participating in the question-and-answer session should follow the telephone dial-in instructions below. To participate in the conference call by telephone, please pre-register at https://register.vevent.com/register/BIcfa856aa