Hub Group Got Some Good News

By Ryan Adsit

In a report released today, John Larkin from Stifel Nicolaus upgraded Hub Group (NASDAQ: HUBG) to Buy. The company’s shares closed last Friday at $34.65, close to its 52-week low of $33.45.

According to TipRanks.com, Larkin is a 4-star analyst with an average return of 7.7% and a 66.0% success rate. Larkin covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Student Transportation.

Hub Group has an analyst consensus of Hold, with a price target consensus of $41.

Hub Group’s market cap is currently $1.18B and has a P/E ratio of 17.24. The company has a book value ratio of 1.8539.

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Hub Group, Inc. operates as a transportation management company. It provides comprehensive intermodal, truck brokerage and logistics services. The company operates in two segments: Hub and Mode. 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, primarily through IBOs who enter into contractual arrangements with Mode. It provides services to customer from different industries, including consumer products, retail and durable goods. Hub Group was founded by Phillip C. Yeager in 1971 and is headquartered in Oak Brook, IL.