U.S. markets open in 2 hours 8 minutes

Hub Group, Inc. (HUBG)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
55.74-3.01 (-5.12%)
At close: 4:00PM EST
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
MACD

MACD

Previous Close58.75
Open57.71
Bid0.00 x 800
Ask55.98 x 900
Day's Range55.57 - 57.93
52 Week Range36.51 - 61.37
Volume174,291
Avg. Volume194,719
Market Cap1.904B
Beta (5Y Monthly)1.00
PE Ratio (TTM)23.53
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-11% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Investors Who Bought Hub Group (NASDAQ:HUBG) Shares Five Years Ago Are Now Up 79%
    Simply Wall St.

    Investors Who Bought Hub Group (NASDAQ:HUBG) Shares Five Years Ago Are Now Up 79%

    If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share...

  • Is HUBG A Good Stock To Buy Now According To Hedge Funds?
    Insider Monkey

    Is HUBG A Good Stock To Buy Now According To Hedge Funds?

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 817 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30th, 2020. […]

  • Hub Group's $95M Acquisition Is Path To Being A Last-mile Market Leader
    Benzinga

    Hub Group's $95M Acquisition Is Path To Being A Last-mile Market Leader

    Intermodal marketing company Hub Group (NASDAQ: HUBG) announced Wednesday the acquisition of last-mile logistics provider NonstopDelivery (NSD) for $94.5 million. The Oak Brook, Illinois-based Hub Group said the acquisition provides it with a platform to become a top provider in the home-delivery sector.Chantilly, Virginia-based NSD is a national non-asset-based final-mile provider specializing in basic and white-glove delivery of big and bulky items like furniture, exercise equipment and home improvement goods. The company uses an agent network with more than 170 locations to fulfill warehousing and distribution for large retailers and manufacturers. Local delivery companies are used for delivery, installation and assembly of products to all zip codes in the U.S."This acquisition delivers on our strategy to expand our offerings to provide an end-to-end solution for our customers' supply chains. We expect there will be significant opportunities to offer NSD's high-service last-mile delivery solutions to Hub's customer base," said Hub Group Chairman and CEO Dave Yeager in the press release.On a conference call discussing the acquisition, Hub's management said that they have been targeting the final-mile sector for a while but struggled with the owner-operator model that many asset-based operations employ. The non-asset, agent model approach at NSD is what attracted management to the company.NSD is on pace to generate $150 million in revenue and $10 million in earnings before interest, taxes, depreciation and amortization in 2020. The deal is expected accretive to Hub's earnings in 2021 with management indicating a $4 million operating income contribution on the call. The deal includes transaction and amortization expense of $6 million, including incentive comp for the current NSD leadership team which will remain on board with Hub. The deal was funded with cash on hand.NSD has seen revenue jump 40% year-over-year in 2020 given the surge in stay-at-home spending during the pandemic. The company grew at a 10% to 15% annual pace pre-COVID. Management said revenue should continue to increase by a meaningful amount in the first four months of 2021, then moderate as the year-over-year comparisons become more difficult.Management sees the acquisition as a good platform to grow into the final-mile sector. Hub plans to cross-sell the mode to their current customers, which they said will account for an additional mid-teen percentage revenue increase, above NSD's current growth efforts, in 2021. Further, they see strong organic growth opportunities as NSD's customers continue to invest in their distribution networks and they begin to expand the reverse logistics offering.Lastly, management provided a brief update on their core intermodal business. Yeager said the core business is improving and that there is "ongoing strength in a lot of other areas in the country" other than the West Coast. They plan to finish 2020 in "strong fashion" as e-commerce demand remains robust."The NSD team is thrilled to join Hub Group. Hub Group and NSD have been working together for over 10 years managing our customers' middle mile logistics needs. We share a culture of service, integrity and innovation, providing a strong foundation for our two companies to come together to create additional value for our customers," said NSD CEO and founder Steve Senkus.Shares of HUBG were up 2% midday compared to the S&P 500, which was flat.Click for more FreightWaves articles by Todd Maiden. * Daseke turnaround nets ‘positive outlook' from ratings agency * Old Dominion sees tonnage accelerate from August inflection * Mnuchin to testify at hearing on $700M YRC, Treasury loansSee more from Benzinga * Click here for options trades from Benzinga * FedEx Shares Pierce 0 Level For First Time Ever * Who's Going Public? — Great Quarter, Guys (With Video)(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.