Robert W. Baird analyst Garrett Holland maintained a Buy rating on Hub Group (HUBG – Research Report) on August 3 and set a price target of $92.00. The company’s shares closed last Thursday at $79.80.
According to TipRanks.com, Holland is a 3-star analyst with an average return of 4.8% and a 60.0% success rate. Holland covers the Industrial Goods sector, focusing on stocks such as Expeditors International, Knight Transportation, and Old Dominion Freight.
Hub Group has an analyst consensus of Moderate Buy, with a price target consensus of $93.83, which is a 20.3% upside from current levels. In a report released yesterday, Susquehanna also maintained a Buy rating on the stock with a $115.00 price target.
Based on Hub Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.3 billion and net profit of $87.5 million. In comparison, last year the company earned revenue of $920 million and had a net profit of $17.23 million.
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Hub Group, Inc. is a transportation management company, which engaegs in the provision of intermodal, truck brokerage, and logistics services. It operates through the Hub and Mode segments. The Hub segment offers comprehensive intermodal, truck brokerage, and logistics services. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage, and logistics. The company was founded by Phillip C. Yeager in 1971 and is headquartered in Oak Brook, IL.
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