Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Hub Group Inc (NASDAQ: HUBG) improved in the last week. HUBG’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Hub Group Inc (NASDAQ: HUBG) stock closed at $40.82 on 3/18/24 after a modest decline of -1.0%. NORMAL trading volume accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -4.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HUBG is expected to continue to be a Value Builder.
Hub Group has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hub Group has a slightly positive Appreciation Score of 64 and a slightly positive Power Rating of 69, resulting in the Positive Value Trend Rating.
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