HUBG Stock Summary and Trading Ideas (Hub Group - Class A | NASDAQ:HUBG)

Hub Group ranks among the largest providers of rail intermodal service. Roughly 60% of revenue comes from Hub's intermodal and transportation solutions division. ITS includes its flagship intermodal operations, which use the Class I rail carriers for the underlying line-haul movement of containers, as well as its dedicated truckload shipping unit. Hub's logistics segment includes its asset light truck brokerage operations, along with its outsourced transportation management, warehousing and fulfillment, and heavy-goods final mile delivery offerings. Hub is somewhat acquisitive in that it often makes tuck-in acquisitions which expand its brokerage, last-mile, and dedicated offerings.

Hub Group - Class A trades on the NASDAQ stock market under the symbol HUBG.

As of April 23, 2024, HUBG stock price climbed to $40.34 with 449,168 million shares trading.

HUBG has a beta of 1.08, meaning it tends to be more sensitive to market movements. HUBG has a correlation of 0.25 to the broad based SPY ETF.

HUBG has a market cap of $2.56 billion. This is considered a Mid Cap stock.

Last quarter Hub Group - Class A reported $985 million in Revenue and $.54 earnings per share. This fell short of revenue expectation by $-8 million and exceeded earnings estimates by $.03.

In the last 3 years, HUBG stock traded as high as $52.34 and as low as $30.41.

The top ETF exchange traded funds that HUBG belongs to (by Net Assets): IJR, CALF, VTI, VB, IWM.

HUBG has underperformed the market in the last year with a price return of -1.4% while the SPY ETF gained +24.3%. HUBG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.7% and -5.8%, respectively, while the SPY returned +4.6% and -2.6%, respectively.

HUBG support price is $39.10 and resistance is $40.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HUBG stock will trade within this expected range on the day.