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Hub Group, Inc. (HUBG) offers transportation and logistics management services in North America. 
The company's transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation.
Its logistics services comprise full outsource logistics solution, transportation management, freight consolidation, warehousing and fulfillment, final mile delivery, and parcel and international services.
The company also provides dry van, expedited, less-than-truckload, refrigerated, and flatbed truck brokerage services.
It offers a fleet of approximately 1,000 tractors and 4,600 trailers to its customers, as well as the driver staffing, management, and infrastructure.
The company serves a range of industries, including retail, consumer products, and durable goods. As of December 31, 2021, it owned approximately 43,750 dry, 53-foot containers, as well as 450 refrigerated, 53-foot containers; and leased approximately 250 dry, 53-foot containers.
Shares bounced off of their trendline support on Friday following the company's earnings report. However, a downday for the market prevented shares from taking off.
Hub Group reported 1st Quarter March 2022 earnings of $2.58 per share on revenue of $1.3 billion. The consensus earnings estimate was $1.46 per share on revenue of $1.2 billion. Revenue grew 41.2% on a year-over-year basis.
The company said it expects 2022 earnings of $9.00 to $10.00 per share on revenue of $5.30 billion to $5.50 billion. The company's previous guidance was earnings of $5.90 to $6.30 per share on revenue of $4.90 billion to $5.10 billion and the current consensus earnings estimate is $6.14 per share on revenue of $5.04 billion for the year ending December 31, 2022. The company said it is confident that it will deliver the promised earnings. Higher share prices are expected for this stock.
Entry Point: $67.00
Stop Loss: $64.00
Trading Range: $60.81 - $87.21
Target Price: $73.70
HUBG closed at $76.00
