J.B. Hunt Transport Services (JBHT) Stock Forecast & Price Target

$188.35 +5.95 (+3.26%)

(As of 11/25/2024 ET)

J.B. Hunt Transport Services - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 18 Analyst Ratings

Sell
0

Hold
6

Buy
12

Based on 18 Wall Street analysts who have issued ratings for J.B. Hunt Transport Services in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 6 have given a hold rating, and 12 have given a buy rating for JBHT.

Consensus Price Target

$190.11
0.94% Upside

According to the 18 analysts' twelve-month price targets for J.B. Hunt Transport Services, the average price target is $190.11. The highest price target for JBHT is $227.00, while the lowest price target for JBHT is $160.00. The average price target represents a forecasted upside of 0.94% from the current price of $188.35.

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JBHT Analyst Ratings Over Time

Type	Current Forecast 11/26/23 to 11/25/24	1 Month Ago 10/27/23 to 10/26/24	3 Months Ago 8/28/23 to 8/27/24	1 Year Ago 11/26/22 to 11/26/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	12 Buy rating(s)	12 Buy rating(s)	10 Buy rating(s)	8 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$190.11	$187.56	$181.88	$197.00
Forecasted Upside	0.94% Upside	7.28% Upside	5.68% Upside	7.62% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

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JBHT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

JBHT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

J.B. Hunt Transport Services Stock vs. The Competition

Type	J.B. Hunt Transport Services	Transportation Companies	S&P 500
Consensus Rating Score	2.67	2.58	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	1.09% Upside	31.62% Upside	6.31% Upside
News Sentiment Rating	Positive News See Recent JBHT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/13/2024	Barclays 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$175.00 ➝ $195.00	+3.87%
11/12/2024	Citigroup 3 of 5 stars	A. Rosa Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$204.00 ➝ $227.00	+15.45%
10/17/2024	Loop Capital 2 of 5 stars		Boost Target	Hold ➝ Hold	$173.00 ➝ $187.00	+3.80%
10/16/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$195.00 ➝ $195.00	+8.96%
10/16/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$185.00 ➝ $185.00	+3.08%
10/16/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$195.00 ➝ $195.00	+8.65%
Get the Latest News and Ratings for JBHT and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for J.B. Hunt Transport Services and its competitors with MarketBeat's FREE daily newsletter.
10/16/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$183.00 ➝ $185.00	+3.08%
10/16/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$160.00 ➝ $165.00	-8.07%
10/16/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$151.00 ➝ $167.00	-9.87%
10/16/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$188.00 ➝ $196.00	+12.22%
10/16/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$160.00 ➝ $182.00	+4.21%
10/9/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$193.00 ➝ $189.00	+13.65%
7/9/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$204.00 ➝ $184.00	+17.97%
7/8/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$162.00 ➝ $160.00	+2.11%
6/7/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$185.00	+16.35%
4/17/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$215.00 ➝ $205.00	+22.35%
4/17/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$234.00 ➝ $211.00	+26.55%
1/16/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$200.00 ➝ $209.00	+8.81%
6/27/2023	51job Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Reiterates
4/20/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$225.00 ➝ $200.00	+12.10%
3/20/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$214.00 ➝ $207.00	+22.85%
1/19/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform	$196.00 ➝ $193.00	+4.31%
1/19/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$194.00 ➝ $195.00	+5.39%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:34 PM ET.

Should I Buy J.B. Hunt Transport Services Stock? JBHT Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 21, 2024. Please send any questions or comments about these J.B. Hunt Transport Services pros and cons to contact@marketbeat.com.

J.B. Hunt Transport Services
Bull Case

Here are some ways that investors could benefit from investing in J.B. Hunt Transport Services, Inc.:

The stock is currently trading at $192.13, reflecting a recent increase of 2.1%, indicating positive market sentiment and potential for further gains.
J.B. Hunt Transport Services, Inc. reported earnings per share (EPS) of $1.49 for the latest quarter, surpassing analyst expectations of $1.42, which demonstrates strong financial performance.
The company achieved a revenue of $3.07 billion in the last quarter, exceeding estimates of $3.04 billion, showcasing its ability to generate significant sales.
With a return on equity of 13.92%, J.B. Hunt Transport Services, Inc. is effectively utilizing shareholders' equity to generate profits, which is a positive indicator for investors.
The stock has a market capitalization of $19.37 billion, suggesting a stable and established company in the transportation sector, which can be appealing for long-term investors.

J.B. Hunt Transport Services
Bear Case

Investors should be bearish about investing in J.B. Hunt Transport Services, Inc. for these reasons:

The company has a price-to-earnings (P/E) ratio of 34.93, which is relatively high, indicating that the stock may be overvalued compared to its earnings.
J.B. Hunt Transport Services, Inc. has a debt-to-equity ratio of 0.26, which, while manageable, suggests that the company is using some debt to finance its operations, potentially increasing financial risk.
The firm has a current ratio of 0.94, indicating that it may not have enough short-term assets to cover its short-term liabilities, which could be a concern for liquidity.
Analysts predict a decline in EPS from $1.80 in the previous year to an expected 5.7 for the current year, which may signal a slowdown in growth.
The stock has a 1-year high of $219.51, suggesting that it may have reached its peak, and investors could face a risk of price correction.

JBHT Forecast - Frequently Asked Questions

: According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for J.B. Hunt Transport Services is $190.11, with a high forecast of $227.00 and a low forecast of $160.00.
: 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for J.B. Hunt Transport Services in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" JBHT shares.
: According to analysts, J.B. Hunt Transport Services's stock has a predicted upside of 0.94% based on their 12-month stock forecasts.
: J.B. Hunt Transport Services has been rated by research analysts at Bank of America, Barclays, Benchmark, BMO Capital Markets, Citigroup, Evercore ISI, Loop Capital, Stephens, Stifel Nicolaus, Susquehanna, TD Cowen, and The Goldman Sachs Group in the past 90 days.
: Analysts like J.B. Hunt Transport Services more than other "transportation" companies. The consensus rating score for J.B. Hunt Transport Services is 2.67 while the average consensus rating score for "transportation" companies is 2.58. Learn more on how JBHT compares to other companies.

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This page (NASDAQ:JBHT) was last updated on 11/25/2024 by MarketBeat.com Staff

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J.B. Hunt Transport Services (JBHT) Stock Forecast & Price Target