Hub Group, Inc (NASDAQ: HUBG) is 9.31% higher on its value in year-to-date trading and has touched a low of $36.88 and a high of $50.83 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HUBG stock was last observed hovering at around $50.00 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $50.25, the stock is 7.18% and 10.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 0.50% at the moment leaves the stock 15.27% off its SMA200. HUBG registered 33.89% gain for a year compared to 6-month gain of 16.91%. The firm has a 50-day simple moving average (SMA 50) of $45.2734 and a 200-day simple moving average (SMA200) of $43.5935.
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The stock witnessed a 16.59% loss in the last 1 month and extending the period to 3 months gives it a 16.78%, and is 0.20% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.46% over the week and 3.13% over the month.
Hub Group, Inc (HUBG) has around 5950 employees, a market worth around $3.08B and $3.96B in sales. Current P/E ratio is 28.54 and Fwd P/E is 20.92. Profit margin for the company is 2.74%. Distance from 52-week low is 36.24% and -1.14% from its 52-week high. The company has generated returns on investments over the last 12 months (5.40%).
The EPS is expected to shrink by -28.78% this year
375.0 institutions hold shares in Hub Group, Inc (HUBG), with institutional investors hold 97.58% of the company’s shares. The shares outstanding are 62.20M, and float is at 59.58M with Short Float at 0.85%. Institutions hold 95.26% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 9.47 million shares valued at $407.54 million. The investor’s holdings represent 15.4369 of the HUBG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.74 million shares valued at $290.06 million to account for 10.987 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 4.91 million shares representing 8.0063 and valued at over $211.37 million, while VICTORY CAPITAL MANAGEMENT INC holds 5.8173 of the shares totaling 3.57 million with a market value of $153.58 million.
