Hub Group, Inc (NASDAQ: HUBG) is -2.87% lower on its value in year-to-date trading and has touched a low of $38.07 and a high of $53.21 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HUBG stock was last observed hovering at around $43.79 in the last trading session, with the day’s loss setting it -0.51%.
Currently trading at $43.28, the stock is -3.21% and -7.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing -1.16% at the moment leaves the stock -3.14% off its SMA200. HUBG registered 0.16% gain for a year compared to 6-month gain of 0.91%. The firm has a 50-day simple moving average (SMA 50) of $46.7948 and a 200-day simple moving average (SMA200) of $44.6676.
The stock witnessed a -2.32% loss in the last 1 month and extending the period to 3 months gives it a -1.75%, and is -3.65% down 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 2.94% over the week and 2.49% over the month.
Hub Group, Inc (HUBG) has around 5950 employees, a market worth around $2.66B and $3.96B in sales. Current P/E ratio is 24.58 and Fwd P/E is 14.86. Profit margin for the company is 2.74%. Distance from 52-week low is 13.69% and -18.66% from its 52-week high. The company has generated returns on investments over the last 12 months (5.40%).
The EPS is expected to grow by 21.28% this year
378.0 institutions hold shares in Hub Group, Inc (HUBG), with institutional investors hold 97.96% of the company’s shares. The shares outstanding are 60.82M, and float is at 59.47M with Short Float at 1.22%. Institutions hold 95.64% 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.
