The stock of Hub Group, Inc (HUBG) has gone down by -1.52% for the week, with a 14.59% rise in the past month and a 14.78% rise in the past quarter. The volatility ratio for the week is 2.50%, and the volatility levels for the past 30 days are 3.07% for HUBG. The simple moving average for the past 20 days is 5.44% for HUBG’s stock, with a 13.31% simple moving average for the past 200 days.
Is It Worth Investing in Hub Group, Inc (NASDAQ: HUBG) Right Now?
Hub Group, Inc (NASDAQ: HUBG) has a higher price-to-earnings ratio of 28.05x compared to its average ratio, The 36-month beta value for HUBG is at 0.90. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 12 as “hold,” and 1 as “sell.”
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The public float for HUBG is 59.58M, and currently, shorts hold a 0.85% of that float. The average trading volume for HUBG on November 20, 2024 was 489.99K shares.
HUBG) stock’s latest price update
Hub Group, Inc (NASDAQ: HUBG)’s stock price has gone decline by -1.22 in comparison to its previous close of 50.00, however, the company has experienced a -1.52% decrease in its stock price over the last five trading days. newsfilecorp.com reported 2024-11-19 that Toronto, Ontario–(Newsfile Corp. – November 19, 2024) – Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) (“Tenet” or the “Company”), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, is pleased to announce that it has deployed a new version of the Business Hub that includes full versions of the Networking and Advertising modules of the platform following the beta launch of the new modules on October 9, 2024. Tenet not only made modifications and additions to the Networking and Advertising modules based on feedback and comments garnered during the beta phase, but also reinforced certain security aspects and made several enhancements to the platform’s Financing module.
Analysts’ Opinion of HUBG
Many brokerage firms have already submitted their reports for HUBG stocks, with TD Cowen repeating the rating for HUBG by listing it as a “Hold.” The predicted price for HUBG in the upcoming period, according to TD Cowen is $49 based on the research report published on October 31, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see HUBG reach a price target of $43, previously predicting the price at $50. The rating they have provided for HUBG stocks is “Hold” according to the report published on July 18th, 2024.
Evercore ISI gave a rating of “In-line” to HUBG, setting the target price at $44 in the report published on June 25th of the current year.
HUBG Trading at 9.13% from the 50-Day Moving Average
After a stumble in the market that brought HUBG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.83% of loss for the given period.
Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 2.50%, as shares surge +15.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.65% upper at present.
During the last 5 trading sessions, HUBG fell by -1.48%, which changed the moving average for the period of 200-days by +11.26% in comparison to the 20-day moving average, which settled at $46.84. In addition, Hub Group, Inc saw 7.44% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HUBG
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.11 for the gross margin
The net margin for Hub Group, Inc stands at 0.03. The total capital return value is set at 0.06. Equity return is now at value 6.66, with 3.77 for asset returns.
Based on Hub Group, Inc (HUBG), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.89. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 9.16.
Currently, EBITDA for the company is 391.86 million with net debt to EBITDA at 1.02. When we switch over and look at the enterprise to sales, we see a ratio of 0.85. The receivables turnover for the company is 6.8for trailing twelve months and the total asset turnover is 1.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.30.
Conclusion
In conclusion, Hub Group, Inc (HUBG) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
