Hub Group Inc (NASDAQ: HUBG) has reported earnings for its third fiscal quarter (ending September 30) of $0.39 versus $0.98 for the same period a year ago — a decline of -60%. For the latest four quarters through September 30, E.P.S. were $1.78 versus $6.80 for the same period a year ago — a decline of -74%.
Recent Price Action
Hub Group Inc (NASDAQ: HUBG) stock rose modestly by 0.6% on 10/30/24. The stock closed at $43.75. NORMAL trading volume accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 1.5% during the last week.
Current PriceTarget Research Rating
HUBG is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Hub Group has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Hub Group has a slightly positive Appreciation Score of 62 and a neutral Power Rating of 47, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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