Morgan Stanley (NYSE:MS) analyst Ravi Shanker maintained a Hold rating on Hub Group (NASDAQ:HUBG) on Wednesday, setting a price target of $46, which is approximately 18.50% below the present share price of $56.44.
Shanker expects Hub Group to post earnings per share (EPS) of $0.75 for the first quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Hub Group, with an average price target of $58.17.
The analysts price targets range from a high of $67 to a low of $46.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $924.81 million and a net profit of $33.92 million. The company's market cap is $1.95 billion.
According to TipRanks.com, Morgan Stanley analyst Ravi Shanker is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -0.3% and a 54.25% success rate.
Hub Group, Inc. is a transportation management company, which engaegs in the provision of intermodal, truck brokerage, and logistics services. It operates through the Hub and Mode segments. The Hub segment offers comprehensive intermodal, truck brokerage, and logistics services. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage, and logistics. The company was founded by Phillip C. Yeager in 1971 and is headquartered in Oak Brook, IL.