Christopher Kuhn, an analyst from Benchmark Co., maintained the Buy rating on Hub Group (HUBG – Research Report). The associated price target remains the same with $49.00.
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Christopher Kuhn has given his Buy rating due to a combination of factors that suggest potential growth and improvement for Hub Group. Despite a slight miss in operating results and guidance below estimates, the company demonstrated a year-over-year improvement in adjusted operating margin and successfully managed a strong peak season with significant intermodal volume growth. These positive indicators suggest promising trends for the company.
Additionally, Hub Group is optimistic about broader industry trends, highlighted by reduced capacity and resilient consumer demand, which are expected to lead to better revenue and earnings in the future. The company’s strategic efforts to enhance its cost structure, along with the expectation of continued intermodal volume growth, contribute to the positive outlook, despite the lower midpoint of EPS guidance for 2025 compared to estimates. These factors underpin Christopher Kuhn’s Buy rating, indicating confidence in the company’s long-term prospects.
In another report released on January 23, Stifel Nicolaus also maintained a Buy rating on the stock with a $53.00 price target.