Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the eighteen research firms that are covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $191.67.
JBHT has been the subject of several research analyst reports. BMO Capital Markets reissued an “outperform” rating and issued a $195.00 price target on shares of J.B. Hunt Transport Services in a report on Wednesday, October 16th. Susquehanna raised shares of J.B. Hunt Transport Services from a “neutral” rating to a “positive” rating and set a $200.00 price target for the company in a report on Friday, January 3rd. UBS Group decreased their price target on shares of J.B. Hunt Transport Services from $211.00 to $196.00 and set a “buy” rating for the company in a report on Friday. Loop Capital boosted their price target on shares of J.B. Hunt Transport Services from $173.00 to $187.00 and gave the company a “hold” rating in a report on Thursday, October 17th. Finally, The Goldman Sachs Group decreased their price target on shares of J.B. Hunt Transport Services from $193.00 to $189.00 and set a “buy” rating for the company in a report on Wednesday, October 9th.
View Our Latest Report on JBHT
Insider Activity
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of JBHT. Janus Henderson Group PLC grew its position in shares of J.B. Hunt Transport Services by 0.7% during the 3rd quarter. Janus Henderson Group PLC now owns 3,374,724 shares of the transportation company’s stock worth $581,567,000 after purchasing an additional 22,563 shares in the last quarter. State Street Corp grew its position in shares of J.B. Hunt Transport Services by 0.6% during the 3rd quarter. State Street Corp now owns 3,289,874 shares of the transportation company’s stock worth $566,944,000 after purchasing an additional 19,826 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of J.B. Hunt Transport Services by 6.7% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,685,068 shares of the transportation company’s stock worth $269,611,000 after purchasing an additional 105,500 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of J.B. Hunt Transport Services by 0.4% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,446,351 shares of the transportation company’s stock worth $231,416,000 after purchasing an additional 5,179 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of J.B. Hunt Transport Services by 25.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 953,749 shares of the transportation company’s stock worth $152,589,000 after purchasing an additional 193,684 shares in the last quarter. Institutional investors and hedge funds own 74.95% of the company’s stock.
J.B. Hunt Transport Services Price Performance
JBHT opened at $172.45 on Monday. The company has a fifty day moving average price of $180.08 and a two-hundred day moving average price of $173.85. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.94 and a current ratio of 0.94. J.B. Hunt Transport Services has a 52 week low of $153.12 and a 52 week high of $219.51. The firm has a market capitalization of $17.39 billion, a PE ratio of 31.35, a P/E/G ratio of 2.94 and a beta of 1.16.
J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) last released its earnings results on Thursday, January 16th. The transportation company reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.09). J.B. Hunt Transport Services had a return on equity of 13.92% and a net margin of 4.65%. The business had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.13 billion. During the same period in the prior year, the firm posted $1.47 EPS. J.B. Hunt Transport Services’s revenue was down 4.5% on a year-over-year basis. As a group, analysts anticipate that J.B. Hunt Transport Services will post 5.67 earnings per share for the current year.
About J.B. Hunt Transport Services
J.B. Hunt Transport Services, Inc provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions.
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