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NASDAQ:JBHT

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

$169.01
-5.81 (-3.32%)
(As of 09/20/2024 ET)

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

Key Stats

Today's Range
$168.69
$173.47
50-Day Range
$160.81
$176.97
52-Week Range
$153.12
$219.51
Volume
1.13 million shs
Average Volume
857,628 shs
Market Capitalization
$17.44 billion
P/E Ratio
26.83
Dividend Yield
1.02%
Price Target
$181.88
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

Overall MarketRank™: 91st Percentile

J.B. Hunt Transport Services scored higher than 91% of companies evaluated by MarketBeat, and ranked 19th out of 129 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 2.63, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    J.B. Hunt Transport Services has been the subject of 10 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 32.81% in the coming year, from $5.70 to $7.57 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of J.B. Hunt Transport Services is 26.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.55.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of J.B. Hunt Transport Services is 26.83, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 21.53.

  • Price to Earnings Growth Ratio

    J.B. Hunt Transport Services has a PEG Ratio of 2.84. 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 4.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about J.B. Hunt Transport Services' valuation and earnings.
  • Percentage of Shares Shorted

    1.76% 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 1.6, 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 14.40%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    J.B. Hunt Transport Services pays a meaningful dividend of 1.02%, higher than 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 27.30%. 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 22.72% 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

    1.76% 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 1.6, 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 14.40%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    J.B. Hunt Transport Services has a news sentiment score of 1.11. 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 0.58 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for J.B. Hunt Transport Services this week, compared to 8 articles on an average week.
  • MarketBeat Follows

    Only 5 people have added J.B. Hunt Transport Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, J.B. Hunt Transport Services insiders have sold 435.36% more of their company's stock than they have bought. Specifically, they have bought $98,082.00 in company stock and sold $525,090.00 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.

JBHT Stock News Headlines

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FedEx Stock Dips: Another Reason to Fear Recession Is Near (JBHT)
FedEx Corporation struggled in FQ1 and shows weakness likely present in other transportation stock results this reporting season.
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Options are becoming increasingly popular among investors – with demand hitting record highs for 3 years in a row! But – knowing what the options trading landscape looks like, and what you're up against is a must.
UPS vs. JBHT
See More Headlines

JBHT Stock Analysis - Frequently Asked Questions

J.B. Hunt Transport Services' stock was trading at $199.74 at the start of the year. Since then, JBHT stock has decreased by 15.4% and is now trading at $169.01.
View the best growth stocks for 2024 here
.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) posted its quarterly earnings data on Tuesday, July, 16th. The transportation company reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by $0.19. The firm's quarterly revenue was down 6.5% compared to the same quarter last year.
Read the conference call transcript
.

The following companies are subsidiaries of J.B. Hunt Transport Services: 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 shareholders of J.B. Hunt Transport Services include Victory Capital Management Inc. (2.29%), Barrow Hanley Mewhinney & Strauss LLC (1.63%), Massachusetts Financial Services Co. MA (1.40%) and Dimensional Fund Advisors LP (0.92%). 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 Intel (INTC), NVIDIA (NVDA), Visa (V), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Micron Technology (MU) and AbbVie (ABBV).

Company Calendar

Last Earnings
7/16/2024
Ex-Dividend for 8/16 Dividend
8/02/2024
Dividend Payable
8/16/2024
Today
9/20/2024
Next Earnings (Estimated)
10/15/2024
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
$181.88
High Stock Price Target
$211.00
Low Stock Price Target
$151.00
Potential Upside/Downside
+6.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
16 Analysts

Profitability

Net Income
$728.29 million
Pretax Margin
6.32%

Debt

Sales & Book Value

Annual Sales
$12.34 billion
Cash Flow
$14.30 per share
Book Value
$39.79 per share

Miscellaneous

Free Float
101,030,000
Market Cap
$17.58 billion
Optionable
Optionable
Beta
1.15

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This page (NASDAQ:JBHT) was last updated on 9/20/2024 by MarketBeat.com Staff
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