Aankondiging • May 24
Hub Group Receives Expected Deficiency Notice from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q Hub Group, Inc. announced that on May 19, 2026, as expected, it received a notice indicating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the Listing Rule") as a result of its failure to timely file its Form 10-Q for the quarter ended March 31, 2026 (the Form 10-Q"). The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC. The Notice has no immediate effect on the listing or trading of the Company's common stock on Nasdaq. As previously disclosed, the Nasdaq Stock Market LLC (Nasdaq") has granted a 180-day exception period, or until September 14, 2026, for the Company to regain compliance with the Listing Rule. The Company intends to regain compliance on or prior to such date. Hub Group continues to work diligently to complete the restatements of its financial statements for the years ended December 31, 2024 and 2023 and the quarterly periods ended March 31, 2025, June 30, 2025 and September 30, 2025 and to file its Form 10-K for the year ended December 31, 2025. The Company expects to file the Form 10-Q for the quarter ended March 31, 2026 as soon as practicable after the filing of the Form 10-K. Aankondiging • May 23
Hub Group, Inc. announces Quarterly dividend, payable on June 17, 2026 Hub Group, Inc. announced Quarterly dividend of USD 0.1250 per share payable on June 17, 2026, ex-date on June 05, 2026 and record date on June 05, 2026. Aankondiging • May 13
Hub Group, Inc. announced delayed 10-Q filing On 05/12/2026, Hub Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Aankondiging • Mar 25
Hub Group, Inc. Announces Receipt of Expected Deficiency Notice from Nasdaq Related to Delayed Filing of Form 10-K On March 19, 2026, Hub Group, Inc. received an expected notice (the Notice) from the listing qualifications staff of The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that, as a result of the Company not having timely filed its 2025 Form 10-K, it no longer complies with Nasdaq Listing Rule 5250(c)(1), which requires companies with securities listed on Nasdaq to timely file all required periodic reports with the SEC. The Notice has no immediate effect on the listing or trading of shares of the Company's Class A common stock on the Nasdaq Global Select Market. In accordance with Nasdaq's listing rules, the Company has 60 calendar days from the date of the Notice, or until May 18, 2026, to submit to Nasdaq a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1). If the Company submits a plan to Nasdaq and Nasdaq accepts the plan, Nasdaq can grant an exception of up to 180 calendar days from the due date of the filing of the 2025 Form 10-K (as extended pursuant to Rule 12b-25 under the Securities Act of 1933, as amended (the Securities Act)), or until September 14, 2026, to regain compliance. The Company intends to regain compliance with Nasdaq's listing rules as soon as practicable. Aankondiging • Mar 04
Hub Group, Inc. announced delayed annual 10-K filing On 03/03/2026, Hub Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Aankondiging • Feb 27
Hub Group, Inc. Declares Quarterly Cash Dividend on Class A and Class B Common Stock, Payable on March 25, 2026 Hub Group, Inc. announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on March 25, 2026, to stockholders of record as of March 13, 2026. Hub Group’s quarterly cash dividend program, set at $0.50 per share per year, is part of its previously announced growth-focused capital allocation plan. Aankondiging • Feb 06
Hub Group, Inc. Provides Consolidated Earnings Guidance for the Year Ended December 31, 2025 and Full Year of 2026 Hub Group, Inc. provided consolidated earnings guidance for the year ended December 31, 2025 and full year of 2026. Consolidated operating revenue for full year 2025 is expected to be approximately $3.7 billion compared to 2024 operating revenues of $3.9 billion, in line with the previously communicated guidance range.
For full year 2026, the company estimates revenue of approximately $3.65 to $3.95 billion. Aankondiging • Jan 23
Hub Group, Inc. to Report Q4, 2025 Results on Feb 05, 2026 Hub Group, Inc. announced that they will report Q4, 2025 results After-Market on Feb 05, 2026 Aankondiging • Nov 22
Hub Group, Inc. Declares Quarterly Cash Dividend, Payable on December 17, 2025 Hub Group, Inc. announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on December 17, 2025, to stockholders of record as of December 5, 2025. Hub Group’s quarterly cash dividend program, set at $0.50 per share per year, is part of its previously announced growth-focused capital allocation plan. Aankondiging • Oct 31
Hub Group, Inc. Provides Earnings Guidance for the Year 2025 Hub Group, Inc. provided earnings guidance for the year 2025. For the year, the company expects diluted earnings per share will range from $1.80 to $1.90. Estimate revenue of approximately $3.6 billionto $3.7 billionfor the full year. Aankondiging • Oct 17
Hub Group, Inc. to Report Q3, 2025 Results on Oct 30, 2025 Hub Group, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025 Aankondiging • Oct 04
Hub Group, Inc. Announces Passing of Director Lisa Dykstra Hub Group, Inc. saddened to report that Lisa Dykstra, a director of the Company since 2022, passed away on September 28, 2025. The Company is grateful for Ms. Dykstra’s service as a director and member of the board’s audit, compensation, and nominating and governance committees. The Company’s management and Board of Directors express their deepest sympathies to Ms. Dykstra’s family. Aankondiging • Sep 24
Hub Group, Inc. Announces Change of Executive Vice President, Chief Legal Officer and Corporate Secretary On September 18, 2025, Thomas P. LaFrance, Executive Vice President, Chief Legal Officer and Corporate Secretary of Hub Group, Inc. notified the Company of his decision to retire from his current role effective January 2, 2026. It is expected that Mr. LaFrance and the Company will enter into an agreement whereby Mr. LaFrance will assist with various transition activities through March 6, 2026. Eric Braun, who will join the Company on October 29, 2025, will become Executive Vice President, Chief Legal Officer and Corporate Secretary of the Company effective January 3, 2026. Mr. Braun served in various senior legal roles during an over 20-year career at Caterpillar, Inc., including most recently as Vice President and Deputy General Counsel supporting Caterpillar’s Energy & Transportation business segment and overseeing Caterpillar’s global litigation. Among other responsibilities, his prior roles at Caterpillar have included legal leadership for compliance, intellectual property, commercial, trade and regulatory. Prior to joining Caterpillar, Mr. Braun was a lawyer at Greenebaum Doll & McDonald. He is a graduate of Centre College and the University of Kentucky College of Law. Aankondiging • Aug 30
Hub Group, Inc. Declares Quarterly Dividend, Payable on September 24, 2025 Hub Group, Inc. announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on September 24, 2025, to stockholders of record as of September 12, 2025. Hub Group’s quarterly cash dividend program, set at $0.50 per share per year, is part of its previously announced growth-focused capital allocation plan. Aankondiging • Aug 01
Hub Group, Inc. Provides Earnings Guidance for the Year 2025 Hub Group, Inc. provided earnings guidance for the year 2025. The company expects 2025 diluted earnings per share will range from $1.80 to $2.05. The company estimate revenue of approximately $3.6 billion to $3.8 billion for the full year. Aankondiging • Jul 11
Hub Group, Inc. to Report Q2, 2025 Results on Jul 31, 2025 Hub Group, Inc. announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Aankondiging • Jun 13
Hub Group, Inc. Declares Quarterly Dividend, Payable on June 30, 2025 Hub Group, Inc. announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on June 30, 2025, to stockholders of record as of June 23, 2025. Aankondiging • May 09
Hub Group, Inc. Provides Earnings Guidance for the Year 2025 Hub Group, Inc. provided earnings guidance for the year 2025. For the year,the company expects diluted earnings per share will range from $1.75 to $2.25. Company estimate revenue of approximately $3.6 billion to $4.0 billion for the full year. Aankondiging • Apr 18
Hub Group, Inc. to Report Q1, 2025 Results on May 08, 2025 Hub Group, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 08, 2025 Aankondiging • Apr 05
Hub Group, Inc., Annual General Meeting, May 13, 2025 Hub Group, Inc., Annual General Meeting, May 13, 2025. Aankondiging • Mar 06
Hub Group, Inc. Declares Quarterly Dividend, Payable on March 28, 2025 Hub Group, Inc. announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on March 28, 2025, to stockholders of record as of March 18, 2025. Aankondiging • Feb 07
Hub Group, Inc. Provides Earnings Guidance for the Year 2025 Hub Group, Inc. provided earnings guidance for the year 2025. For the year, the company expects 2025 diluted earnings per share will range from $1.90 to $2.40. The company estimates revenue of approximately $4.0 to $4.3 billion for the full year. Aankondiging • Jan 24
Hub Group, Inc. to Report Q4, 2024 Results on Feb 06, 2025 Hub Group, Inc. announced that they will report Q4, 2024 results After-Market on Feb 06, 2025 Aankondiging • Nov 26
Hub Group, Inc. Declares Quarterly Dividend, Payable on December 20, 2024 Hub Group, Inc. announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on December 20, 2024, to stockholders of record as of December 6, 2024. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €46.20, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Logistics industry in Europe. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €73.77 per share. Aankondiging • Nov 02
Hub Group, Inc. Provides Earnings Guidance for the Year 2024 Hub Group, Inc. provided earnings guidance for the year 2024. The company estimates revenue of approximately $4.0 billion for the full year. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.39 (vs US$0.49 in 3Q 2023) Third quarter 2024 results: EPS: US$0.39 (down from US$0.49 in 3Q 2023). Revenue: US$986.9m (down 3.7% from 3Q 2023). Net income: US$23.6m (down 23% from 3Q 2023). Profit margin: 2.4% (down from 3.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Aankondiging • Oct 11
Hub Group, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Hub Group, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Aankondiging • Aug 28
Hub Group, Inc. Declares Quarterly Dividend, Payable on September 25, 2024 Hub Group, Inc. announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on September 25, 2024, to stockholders of record as of September 6, 2024. Aankondiging • Aug 03
Hub Group, Inc. Provides Earnings Guidance for the Year 2024 Hub Group, Inc. provided earnings guidance for the year 2024. For the year, diluted earnings per share will range from $1.75 to $2.05. The company estimates revenue of approximately $4.0 billion to $4.3 billion for the full year. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.48 (vs US$0.73 in 2Q 2023) Second quarter 2024 results: EPS: US$0.48 (down from US$0.73 in 2Q 2023). Revenue: US$986.5m (down 5.2% from 2Q 2023). Net income: US$29.0m (down 38% from 2Q 2023). Profit margin: 2.9% (down from 4.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jul 19
Hub Group, Inc. to Report Q2, 2024 Results on Aug 01, 2024 Hub Group, Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024 Aankondiging • May 24
Hub Group Declares Quarterly Dividend, Payable on June 7, 2024 Hub Group, Inc. announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on June 26, 2024, to stockholders of record as of June 7, 2024. Aankondiging • Apr 27
Hub Group, Inc. Provides Earnings Guidance for the Year 2024 Hub Group, Inc. provided earnings guidance for the year 2024. The company expects 2024 diluted earnings per share will range from $1.80 to $2.25 and revenue of approximately $4.3 billion to $4.7 billion. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: US$0.44 (vs US$0.95 in 1Q 2023) First quarter 2024 results: EPS: US$0.44 (down from US$0.95 in 1Q 2023). Revenue: US$999.5m (down 13% from 1Q 2023). Net income: US$27.1m (down 56% from 1Q 2023). Profit margin: 2.7% (down from 5.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 13
Hub Group, Inc., Annual General Meeting, May 23, 2024 Hub Group, Inc., Annual General Meeting, May 23, 2024, at 10:00 Central Standard Time. Agenda: To elect the ten nominees listed in the accompanying proxy statement to the Company’s board of directors; to approve, on an advisory basis, the compensation paid to the Company’s Named Executive Officers; to ratify the appointment of Ernst & Young LLP as company's independent registered public accountants for the fiscal year ended December 31, 2024; and to transact such other business as may properly be presented at the Annual Meeting or any adjournment thereof. Aankondiging • Apr 12
Hub Group, Inc. to Report Q1, 2024 Results on Apr 25, 2024 Hub Group, Inc. announced that they will report Q1, 2024 results After-Market on Apr 25, 2024 Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: US$2.65 (vs US$5.37 in FY 2022) Full year 2023 results: EPS: US$2.65 (down from US$5.37 in FY 2022). Revenue: US$4.20b (down 21% from FY 2022). Net income: US$167.5m (down 53% from FY 2022). Profit margin: 4.0% (down from 6.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 23
Hub Group, Inc. Declares Quarterly Dividend, Payable on March 27, 2024 Hub Group, Inc. announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock. The dividend is scheduled to be paid on March 27, 2024, to stockholders of record as of March 8, 2024. The initiation of Hub Group’s quarterly cash dividend program, initially set at $0.50 per share per year, is part of Hub Group’s previously announced growth-focused capital allocation plan. Aankondiging • Feb 02
Hub Group, Inc. Provides Earnings Guidance for the Fiscal Year 2024 Hub Group, Inc. provided earnings guidance for the fiscal year 2024. The company expects its 2024 diluted earnings per share will range from $2.00 to $2.50. The company estimates revenue will be approximately $4.6 to $5.0 billion. Reported Earnings • Feb 02
Full year 2023 earnings released: EPS: US$2.65 (vs US$5.37 in FY 2022) Full year 2023 results: EPS: US$2.65 (down from US$5.37 in FY 2022). Revenue: US$4.20b (down 21% from FY 2022). Net income: US$167.5m (down 53% from FY 2022). Profit margin: 4.0% (down from 6.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 21
Hub Group, Inc. (NasdaqGS:HUBG) acquired Forward Air Final Mile LLC (FAFM) from Forward Air Corporation (NasdaqGS:FWRD) for approximately $260 million. Hub Group, Inc. (NasdaqGS:HUBG) acquired Forward Air Final Mile LLC (FAFM) from Forward Air Corporation (NasdaqGS:FWRD) for approximately $260 million on December 20, 2023. Cash consideration for the transaction of $262 million was funded with cash on hand. The combined businesses will operate under the Hub Group Final Mile brand. For the last twelve months ended September 30, 2023, FAFM generated revenue of $289 million. Transaction is immediately accretive to Hub Group’s 2024 GAAP and cash EPS prior to expected cross-sell and operational synergies.
Carlton Fields served as legal counsel and Jewell Advisory Group served as M&A advisor to FWRD in connection with the transaction. Winston & Strawn LLP and Stephens Inc. served as lead legal counsel and financial advisor, respectively, to Hub Group.
Hub Group, Inc. (NasdaqGS:HUBG) completed the acquisition of Forward Air Final Mile LLC (FAFM) from Forward Air Corporation (NasdaqGS:FWRD) on December 20, 2023. Aankondiging • Nov 24
Hub Group, Inc. Announces Executive Changes, Effective January 1, 2024 On November 22, 2023, Hub Group, Inc. announced that its Board of Directors appointed Kevin Beth, 48, as the Company’s Chief Financial Officer effective January 1, 2024, succeeding Geoffrey F. DeMartino. When Mr. Beth assumes his new role it is expected that he will continue with his current responsibilities as Chief Accounting Officer on an interim basis until the Company appoints a new Chief Accounting Officer. Mr. Beth joined Hub Group in 2003 as Corporate Controller, became Assistant Treasurer in 2007, and held various roles in the Company with increasing levels of responsibility before being promoted to the role of Chief Accounting Officer effective July 1, 2020. Mr. Beth is a Certified Public Accountant and prior to joining the Company his experience includes serving in the audit practice of a national accounting firm. He graduated with a degree in Accounting from the University of Illinois. Beginning January 1, 2024, Mr. DeMartino is expected to remain in a non-executive role through early February 2024 to assist with the transition of the Chief Financial Officer and Treasurer roles in addition to other responsibilities. Aankondiging • Nov 23
Hub Group, Inc. Announces Management Changes, Effective January 1, 2024 On November 22, 2023, Hub Group, Inc. announced that its Board of Directors appointed Kevin Beth, 48, as the Company’s Executive Vice President and Treasurer effective January 1, 2024, succeeding Geoffrey F. DeMartino. When Mr. Beth assumes his new role it is expected that he will continue with his current responsibilities as Chief Accounting Officer on an interim basis until the Company appoints a new Chief Accounting Officer. Mr. Beth joined Hub Group in 2003 as Corporate Controller, became Assistant Treasurer in 2007, and held various roles in the Company with increasing levels of responsibility before being promoted to the role of Chief Accounting Officer effective July 1, 2020. Mr. Beth is a Certified Public Accountant and prior to joining the Company his experience includes serving in the audit practice of a national accounting firm. He graduated with a degree in Accounting from the University of Illinois. Beginning January 1, 2024, Mr. DeMartino is expected to remain in a non-executive role through early February 2024 to assist with the transition of the Chief Financial Officer and Treasurer roles in addition to other responsibilities. Aankondiging • Oct 28
Hub Group, Inc. Provides Earnings Guidance for the Year 2023 Hub Group, Inc. provided earnings guidance for the year 2023. For the year, The company expects 2023 diluted earnings per share will range from $5.30 to $5.40. The company also estimate revenue will be approximately $4.2 billion. Aankondiging • Oct 27
Hub Group, Inc. (NasdaqGS:HUBG) announces an Equity Buyback for $250 million worth of its shares. Hub Group Inc. (NasdaqGS:HUBG) announces a share repurchase program. Under the program, the company will repurchase up to $250 million. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: US$0.98 (vs US$2.64 in 3Q 2022) Third quarter 2023 results: EPS: US$0.98 (down from US$2.64 in 3Q 2022). Revenue: US$1.02b (down 24% from 3Q 2022). Net income: US$30.5m (down 65% from 3Q 2022). Profit margin: 3.0% (down from 6.4% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 17
Hub Group, Inc. to Report Q3, 2023 Results on Oct 26, 2023 Hub Group, Inc. announced that they will report Q3, 2023 results After-Market on Oct 26, 2023 Aankondiging • Jul 28
Hub Group, Inc. Provides Earnings Guidance for the Full Year 2023 Hub Group, Inc. provided earnings guidance for the full year 2023. For the period, the company expected diluted earnings per share will range from $5.80 to $6.40. The company also estimate revenue will range from $4.3 to $4.5 billion. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$1.45 (vs US$3.06 in 2Q 2022) Second quarter 2023 results: EPS: US$1.45 (down from US$3.06 in 2Q 2022). Revenue: US$1.04b (down 26% from 2Q 2022). Net income: US$46.5m (down 55% from 2Q 2022). Profit margin: 4.5% (down from 7.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 23
Hub Group, Inc. to Report Q2, 2023 Results on Jul 27, 2023 Hub Group, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 27, 2023 Buying Opportunity • Jun 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.0%. The fair value is estimated to be €89.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 61%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings is forecast to decline by 9.3% per annum over the same time period. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: US$1.90 (vs US$2.60 in 1Q 2022) First quarter 2023 results: EPS: US$1.90 (down from US$2.60 in 1Q 2022). Revenue: US$1.15b (down 11% from 1Q 2022). Net income: US$61.8m (down 29% from 1Q 2022). Profit margin: 5.4% (down from 6.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Apr 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 9.6%. The fair value is estimated to be €86.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 67%. Reported Earnings • Feb 05
Full year 2022 earnings released: EPS: US$10.75 (vs US$5.13 in FY 2021) Full year 2022 results: EPS: US$10.75 (up from US$5.13 in FY 2021). Revenue: US$5.34b (up 26% from FY 2021). Net income: US$356.9m (up 108% from FY 2021). Profit margin: 6.7% (up from 4.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.7% decline forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €87.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Logistics industry in Europe. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €85.89 per share. Aankondiging • Feb 03
Hub Group, Inc. Provides Earnings Guidance for the Full Year 2023 Hub Group, Inc. provided earnings guidance for the full year 2023. For the year, the company expects diluted earnings per share will range from $7.00 to $8.00 and revenue will range from $5.2 to $5.4 billion. Board Change • Feb 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President, CEO & Director Phil Yeager was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jan 20
Hub Group, Inc. to Report Q4, 2022 Results on Feb 02, 2023 Hub Group, Inc. announced that they will report Q4, 2022 results After-Market on Feb 02, 2023 Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: US$2.64 (vs US$1.30 in 3Q 2021) Third quarter 2022 results: EPS: US$2.64 (up from US$1.30 in 3Q 2021). Revenue: US$1.36b (up 26% from 3Q 2021). Net income: US$87.3m (up 101% from 3Q 2021). Profit margin: 6.4% (up from 4.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.5% decline forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 29
Hub Group, Inc. Provides Earnings Guidance for the Full Year of 2022 Hub Group, Inc. provided earnings guidance for the full year of 2022. The company expects 2022 diluted earnings per share will range from $10.40 to $10.60. The company estimates revenue will be approximately $5.5 billion and that gross margin as a percentage of revenue will range from 16.5% to 16.7%. Aankondiging • Oct 28
Hub Group, Inc. (NasdaqGS:HUBG) announces an Equity Buyback for $200 million worth of its shares. Hub Group Inc. (NasdaqGS:HUBG) announces a share repurchase program. Under the program, the company will repurchase up to $200 million worth of its Class A common stock. Aankondiging • Oct 14
Hub Group, Inc. to Report Q3, 2022 Results on Oct 27, 2022 Hub Group, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 27, 2022 Aankondiging • Aug 27
Hub Group, Inc. Announces the Resignation of Charles Reaves as Director Hub Group, Inc. announced that on August 23, 2022, Charles Reaves notified the Board of Directors of the company of his decision to resign as a director of the company for personal reasons, with such resignation effective immediately. Mr. Reaves served as a Director of the Company since 1996. Aankondiging • Aug 23
Hub Group, Inc. (NasdaqGS:HUBG) acquired TAGG Logistics, LLC for approximately $100 million. Hub Group, Inc. (NasdaqGS:HUBG) acquired TAGG Logistics, LLC for approximately $100 million on August 22, 2022. TAGG’s employees, customers and vendors will join Hub Group. The Cash consideration for the transaction of approximately $100 million was funded with cash on hand. TAGG expects to generate approximately $200 million of annual revenue in 2022. Winston & Strawn LLP and Stephens Inc. served as lead legal counsel and financial advisor, respectively, to Hub Group on the TAGG transaction.
Hub Group, Inc. (NasdaqGS:HUBG) completed the acquisition of TAGG Logistics, LLC on August 22, 2022. Recent Insider Transactions • Aug 12
President & COO recently sold €3.1m worth of stock On the 9th of August, Phillip Yeager sold around 40k shares on-market at roughly €79.03 per share. This was the largest sale by an insider in the last 3 months. This was Phillip's only on-market trade for the last 12 months. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$3.06 (vs US$0.80 in 2Q 2021) Second quarter 2022 results: EPS: US$3.06 (up from US$0.80 in 2Q 2021). Revenue: US$1.40b (up 43% from 2Q 2021). Net income: US$102.8m (up 287% from 2Q 2021). Profit margin: 7.3% (up from 2.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.0%, compared to a 2.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 04
Hub Group, Inc. Revised Earnings Guidance for the Full Year of 2022 Hub Group, Inc. revised earnings guidance for the full year of 2022. The company expects 2022 diluted earnings per share will range from $10.00 to $10.50. The company estimates revenue will be $5.6-$5.7 billion and that gross margin as a percentage of revenue will range from 15.8% to 16.0%. Aankondiging • Jul 21
Hub Group, Inc. to Report Q2, 2022 Results on Aug 03, 2022 Hub Group, Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 03, 2022 Aankondiging • May 26
Hub Group, Inc. Announces Board Appointments On May 24, 2022, the Board of Directors of Hub Group, Inc. (the “Company”), upon recommendation of its Nominating & Governance Committee, appointed each of Ms. Lisa Dykstra and Mr. Gary Yablon to be directors of the Company, effective immediately. Ms. Dykstra and Mr. Yablon will each be members of the Board’s Audit, Compensation and Nominating and Governance Committees. Lisa Dykstra serves as the Senior Vice President and Chief Information Officer for Ann & Robert H. Lurie Children's Hospital, a position she has held since 2015. She has spent much of her nearly thirty-year information technology career in leadership positions at the country’s top academic medical centers including the University of Chicago Medicine, Rush University Medical Center, and Northwestern Memorial Hospital. Ms. Dykstra’s career focus is to drive healthcare delivery transformation and value, including through applications, digital health, information and cyber security, and technology programs. She is an award-winning CIO, being named Enterprise CIO of the Year 2019 and winning a Chicago Orbie award. Ms. Dykstra is actively involved on several community and industry boards, including Erie Family Health, the Inspire CIO/Chicago CIO Leadership Association and the College of Healthcare Information Management Executives. She has served on the American Heart Association — Go Red For Women Board since 2016. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improved over the past week After last week's 17% share price gain to €72.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Logistics industry in Europe. Total returns to shareholders of 87% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €93.76 per share. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: US$1.29 (vs US$0.52 in 1Q 2021) First quarter 2022 results: EPS: US$1.29 (up from US$0.52 in 1Q 2021). Revenue: US$1.30b (up 41% from 1Q 2021). Net income: US$87.5m (up 408% from 1Q 2021). Profit margin: 6.7% (up from 1.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 17% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 17% per year. Aankondiging • Apr 15
Hub Group, Inc. to Report Q1, 2022 Results on Apr 28, 2022 Hub Group, Inc. announced that they will report Q1, 2022 results After-Market on Apr 28, 2022 Aankondiging • Apr 13
Hub Group, Inc., Annual General Meeting, May 24, 2022 Hub Group, Inc., Annual General Meeting, May 24, 2022, at 10:00 Central Standard Time. Agenda: To elect the eight nominees listed in the accompanying proxy statement to the Company's board of directors; to approve, on an advisory basis, the compensation paid to the Company's Named Executive Officers; to ratify the appointment of Ernst & Young LLP as independent registered public accountants for the fiscal year ended December 31, 2022; to approve the Hub Group, Inc. 2022 Long-Term Incentive Plan; and to transact such other business as may properly be presented at the Annual Meeting or any adjournment thereof. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €62.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Logistics industry in Europe. Total returns to shareholders of 66% over the past three years. Aankondiging • Feb 19
Hub Group, Inc. Appoints Michael E. Flannery as Director, Effective April 1, 2022 On February 17, 2022, the Board of Directors of Hub Group, Inc., upon recommendation of its Nominating & Governance Committee, appointed Mr. Michael E. Flannery to be a director of the Company, effective April 1, 2022. Mr. Flannery will be a member of the Board’s Audit, Compensation and Nominating and Governance Committees. Mr. Flannery is the Chief Executive Officer of Duchossois Capital Management, a position he has held since May 2017. He was appointed President and Managing Director of DCM at the time of its creation in November 2013. He also served for fifteen years as the Chief Financial Officer of The Duchossois Group, the parent of DCM. Earlier in his career, Mr. Flannery served as the Chief Executive Officer of Trinity Rail Group, LLC. Aankondiging • Feb 09
Hub Group, Inc. Provides Earnings Guidance for the Full Year of 2022 Hub Group, Inc. provided earnings guidance for the full year of 2022. For the year, the company expects revenue to be in the range of $4.9 - $5.1 billion and diluted EPS to be in the range of $5.90 - $6.30. Reported Earnings • Feb 09
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$4.96 (up from US$2.22 in FY 2020). Revenue: US$4.23b (up 21% from FY 2020). Net income: US$171.5m (up 133% from FY 2020). Profit margin: 4.1% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 14%, compared to a 8.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Jenell Ross was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS US$1.26 (vs US$0.75 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.08b (up 16% from 3Q 2020). Net income: US$43.3m (up 75% from 3Q 2020). Profit margin: 4.0% (up from 2.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS US$0.77 (vs US$0.40 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$981.3m (up 26% from 2Q 2020). Net income: US$26.6m (up 102% from 2Q 2020). Profit margin: 2.7% (up from 1.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Executive Departure • Jul 01
Executive Officer Terri Pizzuto has left the company On the 30th of June, Terri Pizzuto's tenure as Executive Officer ended after less than a year in the role. As of March 2021, Terri still personally held 204.91k shares (€12m worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.42 years. Executive Departure • Jun 05
Executive VP, General Counsel & Secretary Douglas Beck has left the company On the 4th of June, Douglas Beck's tenure as Executive VP, General Counsel & Secretary ended after 5.9 years in the role. As of March 2021, Douglas still personally held 78.77k shares (€4.6m worth at the time). Douglas is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.42 years. Reported Earnings • May 07
First quarter 2021 earnings released: EPS US$0.52 (vs US$0.40 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$919.6m (up 9.6% from 1Q 2020). Net income: US$17.2m (up 30% from 1Q 2020). Profit margin: 1.9% (up from 1.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Aankondiging • May 06
Hub Group, Inc. Provides Earnings Guidance for the Year 2021 Hub Group, Inc. announced earnings guidance for the year 2021. For the year, the company expects that 2021 diluted earnings per share will range from $3.20 to $3.40. Revenue will grow in the mid-teens percentage range for 2021, and that gross margin as a percentage of revenue will range from 12.5% to 13.0%. Recent Insider Transactions • Mar 09
Insider recently sold €708k worth of stock On the 5th of March, Vava Dimond sold around 14k shares on-market at roughly €50.66 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Is New 90 Day High Low • Mar 06
New 90-day high: €50.00 The company is up 10.0% from its price of €45.40 on 04 December 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €68.13 per share. Analyst Estimate Surprise Post Earnings • Feb 28
Revenue beats expectations Revenue exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 14%, compared to a 5.7% growth forecast for the Logistics industry in Germany. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS US$2.22 (vs US$3.22 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$3.50b (down 4.7% from FY 2019). Net income: US$73.6m (down 31% from FY 2019). Profit margin: 2.1% (down from 2.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Feb 06
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$3.50b (down 4.7% from FY 2019). Net income: US$73.6m (down 31% from FY 2019). Profit margin: 2.1% (down from 2.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 06
Revenue beats expectations Revenue exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 14%, compared to a 3.3% growth forecast for the Logistics industry in Germany. Aankondiging • Jan 23
Hub Group, Inc. to Report Q4, 2020 Results on Feb 04, 2021 Hub Group, Inc. announced that they will report Q4, 2020 results After-Market on Feb 04, 2021 Is New 90 Day High Low • Jan 12
New 90-day high: €48.00 The company is up 6.0% from its price of €45.40 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Logistics industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €55.93 per share. Recent Insider Transactions • Dec 17
Independent Director recently sold €186k worth of stock On the 14th of December, Charles Reaves sold around 4k shares on-market at roughly €46.55 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €456k more than they bought in the last 12 months. Aankondiging • Dec 11
Hub Group, Inc. (NasdaqGS:HUBG) acquired Nonstopdelivery, Inc. for $94.5 million. Hub Group, Inc. (NasdaqGS:HUBG) acquired Nonstopdelivery, Inc. for $94.5 million on December 9, 2020. the purchase price will be funded from cash on hand. Nonstopdelivery's talented senior leadership team will remain with the business. Nonstop management team will continue to lead the business and headquarters will remain in Chantilly, Virginia. Anticipated to be accretive to Hub Group’s earnings in 2021. Pat Doyle and Nick Golem of Winston & Strawn LLP served as lead legal counsel to Hub Group on the transaction. Stifel and Scudder Law Firm, P.C., L.L.O. acted as financial advisor and legal counsel, respectively, to Nonstopdelivery on the transaction.
Hub Group, Inc. (NasdaqGS:HUBG) completed the acquisition of Nonstopdelivery, Inc. on December 9, 2020.