J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Receives Average Recommendation of "Moderate Buy" from Analysts

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 analysts that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $192.33.

Several equities research analysts have recently weighed in on the company. Barclays increased their price objective on J.B. Hunt Transport Services from $175.00 to $195.00 and gave the company an "equal weight" rating in a research report on Wednesday, November 13th. Evercore ISI raised their price target on shares of J.B. Hunt Transport Services from $183.00 to $185.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 16th. TD Cowen boosted their price objective on shares of J.B. Hunt Transport Services from $160.00 to $182.00 and gave the stock a "hold" rating in a report on Wednesday, October 16th. Loop Capital increased their target price on shares of J.B. Hunt Transport Services from $173.00 to $187.00 and gave the company a "hold" rating in a research note on Thursday, October 17th. Finally, Citigroup boosted their price target on J.B. Hunt Transport Services from $204.00 to $227.00 and gave the company a "buy" rating in a research note on Tuesday, November 12th.

J.B. Hunt Transport Services Stock Performance

JBHT traded down $0.21 during trading on Monday, hitting $186.34. The stock had a trading volume of 1,673,966 shares, compared to its average volume of 811,554. The firm has a market cap of $18.79 billion, a PE ratio of 33.88, a P/E/G ratio of 2.94 and a beta of 1.16. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.26. J.B. Hunt Transport Services has a 12 month low of $153.12 and a 12 month high of $219.51. The company has a 50 day simple moving average of $180.51 and a 200-day simple moving average of $173.67.

J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter in the previous year, the firm posted $1.47 earnings per share. The company's revenue for the quarter was down 4.5% on a year-over-year basis. Analysts expect that J.B. Hunt Transport Services will post 5.67 EPS for the current year.

Insider Transactions at J.B. Hunt Transport Services

In other news, EVP Spencer Frazier sold 2,200 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $194.21, for a total value of $427,262.00. Following the transaction, the executive vice president now owns 4,050 shares of the company's stock, valued at $786,550.50. This represents a 35.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Shelley Simpson sold 6,000 shares of J.B. Hunt Transport Services stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $183.47, for a total value of $1,100,820.00. Following the sale, the chief executive officer now directly owns 82,264 shares of the company's stock, valued at approximately $15,092,976.08. This trade represents a 6.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,459 shares of company stock worth $2,136,277 over the last 90 days. 2.10% of the stock is owned by insiders.

Hedge Funds Weigh In On J.B. Hunt Transport Services

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JBHT. Catalyst Capital Advisors LLC acquired a new stake in shares of J.B. Hunt Transport Services in the 3rd quarter valued at approximately $26,000. True Wealth Design LLC increased its stake in J.B. Hunt Transport Services by 2,028.6% in the third quarter. True Wealth Design LLC now owns 149 shares of the transportation company's stock valued at $26,000 after purchasing an additional 142 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in J.B. Hunt Transport Services in the second quarter worth $36,000. Cromwell Holdings LLC boosted its position in shares of J.B. Hunt Transport Services by 47.2% during the third quarter. Cromwell Holdings LLC now owns 237 shares of the transportation company's stock worth $41,000 after purchasing an additional 76 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in J.B. Hunt Transport Services by 102.2% during the 4th quarter. Versant Capital Management Inc now owns 281 shares of the transportation company's stock worth $48,000 after buying an additional 142 shares during the period. Institutional investors own 74.95% of the company's stock.

J.B. Hunt Transport Services Company Profile

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.