Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
Hub Group announces acquisition of Choptank Transport » 08:48
10/19/21
10/19
08:48
10/19/21
08:48
HUBG

Hub Group

$73.25 /

+0.45 (+0.62%)

Hub Group announced that…

Hub Group announced that it acquired Choptank Transport, a provider of non-asset refrigerated transportation solutions. "The acquisition bolsters Hub Group's presence in the refrigerated transportation space and adds a complementary offering to serve its customers' multimodal transportation and logistics needs," the company said. The acquisition enhances Hub's over-the-road refrigerated transportation solutions offering, and complements its growing fleet of 450 refrigerated intermodal containers. Hub Group intends to further invest in its refrigerated transportation offering by purchasing 550 refrigerated intermodal containers in 2022, bringing the size of its fleet to 1,000. In addition to its expansive carrier network, Choptank's 400 employees will join Hub Group. The company has developed a best-in-class proprietary technology platform that Hub will leverage to enhance its Brokerage operation. Cash consideration for the transaction of $130M was funded by cash on hand. In connection with the acquisition Hub Group granted contingent compensation to the owners and senior management team of Choptank to incentivize their retention and drive continued growth of the business.

ShowHide Related Items >><<
HUBG Hub Group
$73.25 /

+0.45 (+0.62%)

HUBG Hub Group
$73.25 /

+0.45 (+0.62%)

08/30/21 Barclays
Hub Group price target raised to $72 from $70 at Barclays
06/28/21 Barclays
Hub Group price target raised to $70 from $62 at Barclays
06/22/21 Cowen
Hub Group price target raised to $83 from $77 at Cowen
06/21/21 Stifel
Hub Group resumed with a Buy at Stifel
HUBG Hub Group
$73.25 /

+0.45 (+0.62%)

Over a month ago
Conference/Events
Hub Group participates in a conference call with KeyBanc » 04:55
09/23/21
09/23
04:55
09/23/21
04:55
HUBG

Hub Group

$69.30 /

-0.02 (-0.03%)

Conference call with CFO…

Conference call with CFO DeMartino and COO Yeager to be held on September 23 hosted by KeyBanc.

ShowHide Related Items >><<
HUBG Hub Group
$69.30 /

-0.02 (-0.03%)

HUBG Hub Group
$69.30 /

-0.02 (-0.03%)

08/30/21 Barclays
Hub Group price target raised to $72 from $70 at Barclays
06/28/21 Barclays
Hub Group price target raised to $70 from $62 at Barclays
06/22/21 Cowen
Hub Group price target raised to $83 from $77 at Cowen
06/21/21 Stifel
Hub Group resumed with a Buy at Stifel
HUBG Hub Group
$69.30 /

-0.02 (-0.03%)

Conference/Events
Hub Group participates in a conference call with KeyBanc » 10:46
09/14/21
09/14
10:46
09/14/21
10:46
HUBG

Hub Group

$67.69 /

-0.57 (-0.84%)

Conference call with CFO…

Conference call with CFO DeMartino and COO Yeager to be held on September 23 hosted by KeyBanc.

ShowHide Related Items >><<
HUBG Hub Group
$67.69 /

-0.57 (-0.84%)

HUBG Hub Group
$67.69 /

-0.57 (-0.84%)

08/30/21 Barclays
Hub Group price target raised to $72 from $70 at Barclays
06/28/21 Barclays
Hub Group price target raised to $70 from $62 at Barclays
06/22/21 Cowen
Hub Group price target raised to $83 from $77 at Cowen
06/21/21 Stifel
Hub Group resumed with a Buy at Stifel
HUBG Hub Group
$67.69 /

-0.57 (-0.84%)

Recommendations
Hub Group price target raised to $72 from $70 at Barclays » 06:20
08/30/21
08/30
06:20
08/30/21
06:20
HUBG

Hub Group

$69.63 /

+2.18 (+3.23%)

Barclays analyst Brandon…

Barclays analyst Brandon Oglenski raised the firm's price target on Hub Group to $72 from $70 and keeps an Equal Weight rating on the shares.

ShowHide Related Items >><<
HUBG Hub Group
$69.63 /

+2.18 (+3.23%)

HUBG Hub Group
$69.63 /

+2.18 (+3.23%)

06/28/21 Barclays
Hub Group price target raised to $70 from $62 at Barclays
06/22/21 Cowen
Hub Group price target raised to $83 from $77 at Cowen
06/21/21 Stifel
Hub Group resumed with a Buy at Stifel
05/06/21 KeyBanc
Hub Group price target raised to $80 from $70 at KeyBanc
HUBG Hub Group
$69.63 /

+2.18 (+3.23%)

Hot Stocks
Hub Group names Thomas LaFrance as general counsel and secretary » 12:43
08/10/21
08/10
12:43
08/10/21
12:43
HUBG

Hub Group

$63.30 /

+0.335 (+0.53%)

, NGG

National Grid

$66.07 /

+0.355 (+0.54%)

Hub Group (HUBG)…

Hub Group (HUBG) announced that it has appointed Thomas P. LaFrance as EVP, General Counsel and Secretary of Hub Group."We are pleased to welcome Tom to the Hub Group team. His experience across multiple industries, including transportation, coupled with Mergers & Acquisitions, public company, corporate governance and regulatory experience is a great fit," said David Yeager, Hub Group Chairman and CEO. "Tom has the experience to guide Hub Group through this next phase of growth as an industry-leading supply chain solutions provider." LaFrance has held multiple General Counsel positions including most recently with National Grid (NGG).

ShowHide Related Items >><<
NGG National Grid
$66.07 /

+0.355 (+0.54%)

HUBG Hub Group
$63.30 /

+0.335 (+0.53%)

HUBG Hub Group
$63.30 /

+0.335 (+0.53%)

06/28/21 Barclays
Hub Group price target raised to $70 from $62 at Barclays
06/22/21 Cowen
Hub Group price target raised to $83 from $77 at Cowen
06/21/21 Stifel
Hub Group resumed with a Buy at Stifel
05/06/21 KeyBanc
Hub Group price target raised to $80 from $70 at KeyBanc
NGG National Grid
$66.07 /

+0.355 (+0.54%)

06/28/21 RBC Capital
National Grid price target raised to 1,040 GBp from 1,020 GBp at RBC Capital
06/23/21 Morgan Stanley
National Grid price target raised to 1,050 GBp from 1,000 GBp at Morgan Stanley
06/22/21 Deutsche Bank
National Grid price target raised to 1,020 GBp from 930 GBp at Deutsche Bank
05/28/21 Credit Suisse
National Grid price target raised to 1,075 GBp from 1,020 GBp at Credit Suisse
HUBG Hub Group
$63.30 /

+0.335 (+0.53%)

Earnings
Hub Group sees FY21 EPS $3.50-$3.70, consensus $3.39 » 16:18
07/29/21
07/29
16:18
07/29/21
16:18
HUBG

Hub Group

$65.97 /

+1.98 (+3.09%)

"We expect that our…

"We expect that our 2021 diluted earnings per share will range from $3.50 to $3.70. We estimate revenue will grow in the high-teens percentage range for 2021, and that gross margin as a percentage of revenue will range from 12.5% to 13.0%. We estimate our costs and expenses will range from $355 to $365 million for the year. We project our effective tax rate for the second half of 2021 will range from 24% to 25%. We expect capital expenditures for fiscal year 2021 to range from $165 to $175 million and primarily consist of investments to support growth in the business, including containers, tractors and technology. For 2021 we expect to add 3,000 containers, which will result in net growth of approximately 2,750 after retirements of containers that have reached end of life. We are also planning to add approximately 700 tractors to replace older units and support growth in our drayage and dedicated fleets," the company said. Revenue consensus for FY21 is $4.08B.

ShowHide Related Items >><<
HUBG Hub Group
$65.97 /

+1.98 (+3.09%)

HUBG Hub Group
$65.97 /

+1.98 (+3.09%)

06/28/21 Barclays
Hub Group price target raised to $70 from $62 at Barclays
06/22/21 Cowen
Hub Group price target raised to $83 from $77 at Cowen
06/21/21 Stifel
Hub Group resumed with a Buy at Stifel
05/06/21 KeyBanc
Hub Group price target raised to $80 from $70 at KeyBanc
HUBG Hub Group
$65.97 /

+1.98 (+3.09%)

Earnings
Hub Group reports Q2 EPS 78c, consensus 70c » 16:15
07/29/21
07/29
16:15
07/29/21
16:15
HUBG

Hub Group

$65.97 /

+1.98 (+3.09%)

Reports Q21 revenue…

Reports Q21 revenue $981.3M, consensus $975.55M.

ShowHide Related Items >><<
HUBG Hub Group
$65.97 /

+1.98 (+3.09%)

HUBG Hub Group
$65.97 /

+1.98 (+3.09%)

06/28/21 Barclays
Hub Group price target raised to $70 from $62 at Barclays
06/22/21 Cowen
Hub Group price target raised to $83 from $77 at Cowen
06/21/21 Stifel
Hub Group resumed with a Buy at Stifel
05/06/21 KeyBanc
Hub Group price target raised to $80 from $70 at KeyBanc
HUBG Hub Group
$65.97 /

+1.98 (+3.09%)

Over a quarter ago
Hot Stocks
Hub Group appoints Vince Paperiello as president, Intermodal and CSO » 09:29
07/07/21
07/07
09:29
07/07/21
09:29
HUBG

Hub Group

$67.04 /

-1.02 (-1.50%)

Hub Group announced the…

Hub Group announced the promotion of Vince Paperiello to President of Intermodal and Chief Solutions Officer. In his expanded role, he will be responsible for the performance of Hub Group's intermodal business as well as his current role leading Hub Group's customer solutions. Paperiello joined Hub Group in 1993 as a customer service representative and has served in a variety of operational, logistics management, business intelligence, and pricing leadership positions within the company.

ShowHide Related Items >><<
HUBG Hub Group
$67.04 /

-1.02 (-1.50%)

HUBG Hub Group
$67.04 /

-1.02 (-1.50%)

06/28/21 Barclays
Hub Group price target raised to $70 from $62 at Barclays
06/22/21 Cowen
Hub Group price target raised to $83 from $77 at Cowen
06/21/21 Stifel
Hub Group resumed with a Buy at Stifel
05/06/21 KeyBanc
Hub Group price target raised to $80 from $70 at KeyBanc
HUBG Hub Group
$67.04 /

-1.02 (-1.50%)

Recommendations
Hub Group price target raised to $70 from $62 at Barclays » 06:27
06/28/21
06/28
06:27
06/28/21
06:27
HUBG

Hub Group

$66.33 /

-0.09 (-0.14%)

Barclays analyst Brandon…

Barclays analyst Brandon Oglenski raised the firm's price target on Hub Group to $70 from $62 and keeps an Equal Weight rating on the shares. A "strong" rate environment is likely to set off acceleration in intermodal marketing companies' top lines, Oglenski tells investors in a research note.

ShowHide Related Items >><<
HUBG Hub Group
$66.33 /

-0.09 (-0.14%)

HUBG Hub Group
$66.33 /

-0.09 (-0.14%)

06/22/21 Cowen
Hub Group price target raised to $83 from $77 at Cowen
06/21/21 Stifel
Hub Group resumed with a Buy at Stifel
05/06/21 KeyBanc
Hub Group price target raised to $80 from $70 at KeyBanc
05/06/21 BMO Capital
Hub Group price target raised to $72 from $58 at BMO Capital
HUBG Hub Group
$66.33 /

-0.09 (-0.14%)

Recommendations
Hub Group price target raised to $83 from $77 at Cowen » 08:13
06/22/21
06/22
08:13
06/22/21
08:13
HUBG

Hub Group

$66.13 /

+1.77 (+2.75%)

Cowen analyst Jason Seidl…

Cowen analyst Jason Seidl raised the firm's price target on Hub Group to $83 from $77 and keeps an Outperform rating on the shares. The analyst said the company appears well positioned to benefit from strong volumes, robust contract pricing renewals, and the anticipated improvement in rail activity.

ShowHide Related Items >><<
HUBG Hub Group
$66.13 /

+1.77 (+2.75%)

HUBG Hub Group
$66.13 /

+1.77 (+2.75%)

06/21/21 Stifel
Hub Group resumed with a Buy at Stifel
05/06/21 KeyBanc
Hub Group price target raised to $80 from $70 at KeyBanc
05/06/21 BMO Capital
Hub Group price target raised to $72 from $58 at BMO Capital
05/06/21 Susquehanna
Hub Group price target raised to $83 from $79 at Susquehanna
HUBG Hub Group
$66.13 /

+1.77 (+2.75%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.