Hub Group Inc (NASDAQ: HUBG). Extremely significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.
Limited negative changes in Hub Group Inc (NASDAQ: HUBG) fundamentals have recently occurred. Negative developments: significant quarterly sales deceleration occurred, and the consensus estimate for December, 2024 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HUBG is expected to continue to be an important Value Builder.
Hub Group has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Hub Group has a slightly negative Appreciation Score of 39 but a slightly positive Power Rating of 69, with the Neutral Value Trend Rating the result.
Recent Price Action
Hub Group Inc (NASDAQ: HUBG) stock closed at $42.53 on 2/29/24 after a decline of -2.0%. Moreover, this decline was accompanied by exceptionally high trading volume at 419% of normal. The stock has declined -2.6% during the last week but has been strong relative to the market over the last nine months.
Be the first to comment