Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT – Get Free Report) have been assigned an average rating of “Moderate Buy” from the eighteen ratings firms that are covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $190.11.
A number of research analysts recently weighed in on JBHT shares. Stifel Nicolaus raised their target price on shares of J.B. Hunt Transport Services from $151.00 to $167.00 and gave the company a “hold” rating in a report on Wednesday, October 16th. Benchmark reaffirmed a “buy” rating and issued a $185.00 price target on shares of J.B. Hunt Transport Services in a report on Wednesday, October 16th. Barclays raised 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 note on Wednesday, November 13th. Loop Capital boosted their target price on J.B. Hunt Transport Services from $173.00 to $187.00 and gave the company a “hold” rating in a research report on Thursday, October 17th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $195.00 price target on shares of J.B. Hunt Transport Services in a research report on Wednesday, October 16th.
Get Our Latest Stock Report on J.B. Hunt Transport Services
Insider Activity
Institutional Trading of J.B. Hunt Transport Services
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Janus Henderson Group PLC lifted its stake 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 during the last quarter. State Street Corp lifted its position in shares of J.B. Hunt Transport Services by 0.6% during the third quarter. State Street Corp now owns 3,289,874 shares of the transportation company’s stock valued at $566,944,000 after buying an additional 19,826 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in shares of J.B. Hunt Transport Services by 6.7% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,685,068 shares of the transportation company’s stock valued at $269,611,000 after buying 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% in 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 buying an additional 5,179 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake 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 acquiring an additional 193,684 shares in the last quarter. Institutional investors own 74.95% of the company’s stock.
J.B. Hunt Transport Services Stock Up 0.6 %
Shares of JBHT stock opened at $171.57 on Thursday. The company’s fifty day simple moving average is $181.69 and its two-hundred day simple moving average is $171.82. J.B. Hunt Transport Services has a 52 week low of $153.12 and a 52 week high of $219.51. The stock has a market cap of $17.30 billion, a P/E ratio of 31.19, a PEG ratio of 2.90 and a beta of 1.15. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.26.
J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) last posted its earnings results on Tuesday, October 15th. The transportation company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.07. The company had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.04 billion. J.B. Hunt Transport Services had a return on equity of 13.92% and a net margin of 4.65%. During the same period in the previous year, the business earned $1.80 earnings per share. Analysts predict that J.B. Hunt Transport Services will post 5.7 EPS for the current fiscal year.
J.B. Hunt Transport Services Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend was Friday, November 8th. J.B. Hunt Transport Services’s dividend payout ratio is 31.27%.
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.
Featured Stories
- Five stocks we like better than J.B. Hunt Transport Services
- What Are Some of the Best Large-Cap Stocks to Buy?
- Top 3 Reasons to Invest in This Bond ETF for Stability and Growth
- How to Calculate Retirement Income: MarketBeat’s Calculator
- 2 Drone Stocks Surging from Increased Media Attention
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge
Receive News & Ratings for J.B. Hunt Transport Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J.B. Hunt Transport Services and related companies with MarketBeat.com's FREE daily email newsletter.