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NASDAQ:JBHT

J.B. Hunt Transport Services (JBHT) Stock Price, News & Analysis

J.B. Hunt Transport Services logo
$170.23 +2.13 (+1.27%)
(As of 12/20/2024 05:51 PM ET)

About J.B. Hunt Transport Services Stock (NASDAQ:JBHT)

Key Stats

Today's Range
$165.50
$171.38
50-Day Range
$168.10
$197.19
52-Week Range
$153.12
$219.51
Volume
2.14 million shs
Average Volume
861,445 shs
Market Capitalization
$17.16 billion
P/E Ratio
30.95
Dividend Yield
1.01%
Price Target
$190.11
Consensus Rating
Moderate Buy

Company Overview

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. It operates 118,171 pieces of company-owned trailing equipment; owns and maintains its chassis fleet of 100,825 units; and manages a fleet of 5,944 company-owned tractors, 436 independent contractor trucks, and 7,567 company drivers. The DCS segment designs, develops, and executes supply chain solutions that support various transportation networks. As of December 31, 2023, it operated 12,574 company-owned trucks, 674 customer-owned trucks, and 4 contractor trucks. The company also operates 27,194 owned pieces of trailing equipment and 5,406 customer-owned trailers. The ICS segment provides freight brokerage and transportation logistics solutions; flatbed, refrigerated, expedited, and less-than-truckload, as well as dry-van and intermodal solutions; online multimodal marketplace; and logistics management for customers to outsource their transportation functions. The FMS segment offers delivery services through 1,166 company-owned trucks, 225 customer-owned trucks, and 20 independent contractor trucks; and 1,212 owned pieces of trailing equipment and 102 customer-owned trailers. The JBT segment provides dry-van freight services by utilizing tractors and trailers operating over roads and highways through 27 company-owned tractors and 13,561 company-owned trailers. It also transports or arranges for the transportation of freight, such as general merchandise, specialty consumer items, appliances, forest and paper products, food and beverages, building materials, soaps and cosmetics, automotive parts, agricultural products, electronics, and chemicals. The company was incorporated in 1961 and is headquartered in Lowell, Arkansas.

J.B. Hunt Transport Services Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
94th Percentile Overall Score

JBHT MarketRank™: 

J.B. Hunt Transport Services scored higher than 94% of companies evaluated by MarketBeat, and ranked 17th out of 130 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    J.B. Hunt Transport Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 12 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    J.B. Hunt Transport Services has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about J.B. Hunt Transport Services' stock forecast and price target.
  • Earnings Growth

    Earnings for J.B. Hunt Transport Services are expected to grow by 30.70% in the coming year, from $5.70 to $7.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of J.B. Hunt Transport Services is 30.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of J.B. Hunt Transport Services is 30.95, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.81.

  • Price to Earnings Growth Ratio

    J.B. Hunt Transport Services has a PEG Ratio of 2.90. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    J.B. Hunt Transport Services has a P/B Ratio of 4.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.03% of the float of J.B. Hunt Transport Services has been sold short.
  • Short Interest Ratio / Days to Cover

    J.B. Hunt Transport Services has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in J.B. Hunt Transport Services has recently increased by 24.62%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    J.B. Hunt Transport Services has a dividend yield of 0.97%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    J.B. Hunt Transport Services has been increasing its dividend for 21 years.

  • Dividend Coverage

    The dividend payout ratio of J.B. Hunt Transport Services is 31.27%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, J.B. Hunt Transport Services will have a dividend payout ratio of 23.09% next year. This indicates that J.B. Hunt Transport Services will be able to sustain or increase its dividend.

  • Read more about J.B. Hunt Transport Services' dividend.
  • Percentage of Shares Shorted

    3.03% of the float of J.B. Hunt Transport Services has been sold short.
  • Short Interest Ratio / Days to Cover

    J.B. Hunt Transport Services has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in J.B. Hunt Transport Services has recently increased by 24.62%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    J.B. Hunt Transport Services has a news sentiment score of 1.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for J.B. Hunt Transport Services this week, compared to 9 articles on an average week.
  • MarketBeat Follows

    12 people have added J.B. Hunt Transport Services to their MarketBeat watchlist in the last 30 days. This is an increase of 9% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, J.B. Hunt Transport Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,136,277.00 in company stock.

  • Percentage Held by Insiders

    Only 2.10% of the stock of J.B. Hunt Transport Services is held by insiders.

  • Percentage Held by Institutions

    74.95% of the stock of J.B. Hunt Transport Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about J.B. Hunt Transport Services' insider trading history.
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JBHT Stock News Headlines

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JBHT Stock Analysis - Frequently Asked Questions

J.B. Hunt Transport Services' stock was trading at $199.74 at the beginning of the year. Since then, JBHT shares have decreased by 14.8% and is now trading at $170.23.
View the best growth stocks for 2024 here
.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) posted its earnings results on Tuesday, October, 15th. The transportation company reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $1.42 by $0.07. The transportation company had revenue of $3.07 billion for the quarter, compared to analysts' expectations of $3.04 billion. J.B. Hunt Transport Services had a trailing twelve-month return on equity of 13.92% and a net margin of 4.65%.
Read the conference call transcript
.

J.B. Hunt Transport Services subsidiaries include Zenith Global Logistics, Mass Movement, RDI Logistics, Cory 1st Choice Home Delivery, Special Logistics, and J.B. Hunt Transport Inc. a Georgia corporation.

Top institutional investors of J.B. Hunt Transport Services include Janus Henderson Group PLC (3.35%), State Street Corp (3.26%), Victory Capital Management Inc. (2.18%) and Geode Capital Management LLC (1.97%). Insiders that own company stock include John N Roberts, Shelley Simpson, Nicholas Hobbs, Alfred C Harper, Stuart Lockard Scott, James K Thompson, Sharilyn S Gasaway, Brian Webb, Darren P Field, John Kuhlow, Kevin Bracy, Patrick J Ottensmeyer, Spencer Frazier, Persio V Lisboa, David Keefauver, Eric Mcgee and Bradley W Hicks.
View institutional ownership trends
.

Shares of JBHT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that J.B. Hunt Transport Services investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH), The RMR Group (RMR) and Verizon Communications (VZ).

Company Calendar

Last Earnings
10/15/2024
Ex-Dividend for 11/22 Dividend
11/08/2024
Dividend Payable
11/22/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Trucking, except local
Sub-Industry
Trucking
Current Symbol
NASDAQ:JBHT
CUSIP
44565810
Employees
8,756
Year Founded
1961

Price Target and Rating

Average Stock Price Target
$190.11
High Stock Price Target
$227.00
Low Stock Price Target
$160.00
Potential Upside/Downside
+11.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
18 Analysts

Profitability

Net Income
$728.29 million
Pretax Margin
6.16%

Debt

Sales & Book Value

Annual Sales
$12.24 billion
Cash Flow
$13.30 per share
Book Value
$39.79 per share

Miscellaneous

Free Float
98,713,000
Market Cap
$17.16 billion
Optionable
Optionable
Beta
1.15

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This page (NASDAQ:JBHT) was last updated on 12/21/2024 by MarketBeat.com Staff
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