Benchmark Co. analyst Christopher Kuhn maintains $Hub Group (HUBG.US)$ with a buy rating, and maintains the target price at $47.
According to TipRanks data, the analyst has a success rate of 69.6% and a total average return of 18.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Hub Group (HUBG.US)$'s main analysts recently are as follows:
The company's revised guidance suggests that yield difficulties in brokerage and intermodal are expected to persist into the fourth quarter. Nevertheless, new revenue prospects from a Mexico-based joint venture, combined with the cost advantages arising from network investments, are likely to position the firm to more effectively capitalize on a prospective freight recovery in the upcoming year.
The firm noted that Hub Group's results exceeded both the firm's expectations and the consensus forecasts for the third quarter. However, guidance for the fourth quarter suggests a sequential decrease, as the peak season appears to have arrived early and pricing pressures continue.
Note:
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