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Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC) - free report >>
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Hub Group (HUBG) Catches Eye: Stock Jumps 7.1%
Hub Group, Inc. (HUBG - Free Report) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock was down 4.8% in the past one-month time frame.
The move came after the company announced that its subsidiary, Hub Group Trucking, Inc., has inked a deal to acquire the business of Estenson Logistics, LLC for roughly $306 million.
The company has seen one negative estimate revision in the past one month, while its Zacks Consensus Estimate has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Hub Group currently has a Zacks Rank #5 (Strong Sell), while its Earnings ESP is negative.
Hub Group, Inc. Price
Hub Group, Inc. Price | Hub Group, Inc. Quote
A better-ranked stock in the Transportation - Services industry is Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is HUBG going up? Or down? Predict to see what others think: Up or Down
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Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>