Hub Group, Inc.’s Market Journey: Closing Weak at 38.74, Down -0.79

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The closing price of Hub Group, Inc. (NASDAQ: HUBG) was $38.74 for the day, down -0.79% from the previous closing price of $39.05. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 0.61 million shares were traded. HUBG stock price reached its highest trading level at $39.415 during the session, while it also had its lowest trading level at $38.59.

Ratios:

Our analysis of HUBG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.26.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on February 02, 2024, Reiterated its Outperform rating but revised its target price to $54 from $52 previously.

On January 10, 2024, Susquehanna Downgraded its rating to Neutral which previously was Positive and also upped its target price recommendation from $88 to $97.

TD Cowen reiterated its Outperform rating for the stock on December 21, 2023, while the target price for the stock was revised from $101 to $104.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HUBG now has a Market Capitalization of 2423024384 and an Enterprise Value of 2844444672. As of this moment, Hub’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.16, and their Forward P/E ratio for the next fiscal year is 12.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 0.677 whereas that against EBITDA is 7.259.

Stock Price History:

Over the past 52 weeks, HUBG has reached a high of $47.58, while it has fallen to a 52-week low of $31.73. The 50-Day Moving Average of the stock is -9.09%, while the 200-Day Moving Average is calculated to be -6.27%.

Shares Statistics:

HUBG traded an average of 513.99K shares per day over the past three months and 396860 shares per day over the past ten days. A total of 62.20M shares are outstanding, with a floating share count of 60.90M. Insiders hold about 3.07% of the company’s shares, while institutions hold 94.30% stake in the company. Shares short for HUBG as of 1711584000 were 1193988 with a Short Ratio of 2.32, compared to 1709164800 on 1058248. Therefore, it implies a Short% of Shares Outstanding of 1193988 and a Short% of Float of 2.8399997999999997.

Earnings Estimates

The current market rating for Hub Group, Inc. (HUBG) reflects the collective analysis of Hub Cyber Security Ltd. analysts closely monitoring its performance.The consensus estimate for the next quarter is $649.58, with high estimates of $38.74 and low estimates of $392.28.

Analysts are recommending an EPS of between $Industrials and $Industrials for the fiscal current year, implying an average EPS of $Technology.

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