J.B. Hunt Transport Services, Inc. [JBHT] stock prices are up 2.08% to $169.62 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The JBHT shares have gain 7.33% over the last week, with a monthly amount glided 5.37%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
J.B. Hunt Transport Services, Inc. [NASDAQ: JBHT] stock has seen the most recent analyst activity on June 07, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $185. Previously, TD Cowen reaffirmed its Hold rating on April 17, 2024, and dropped its price target to $181. On April 01, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $200 on the stock. UBS upgraded its rating to a Buy but stick to its price target of $234 on January 22, 2024. TD Cowen reiterated its recommendation of a Market Perform and raised its price target to $199 on January 19, 2024. BMO Capital Markets upgraded its rating to Outperform for this stock on December 11, 2023, and upped its price target to $220. In a note dated December 07, 2023, UBS upgraded an Neutral rating on this stock but restated the target price of $205.
The stock price of J.B. Hunt Transport Services, Inc. [JBHT] has been fluctuating between $153.12 and $219.51 over the past year. Currently, Wall Street analysts expect the stock to reach $201.33 within the next 12 months. J.B. Hunt Transport Services, Inc. [NASDAQ: JBHT] shares were valued at $169.62 at the most recent close of the market. An investor can expect a potential return of 18.69% based on the average JBHT price forecast.
Analyzing the JBHT fundamentals
The J.B. Hunt Transport Services, Inc. [NASDAQ:JBHT] reported sales of 12.54B for trailing twelve months, representing a drop of -8.84%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.16 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.33.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 166.45 points at the first support level, and at 163.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 172.69, and for the 2nd resistance point, it is at 175.77.
Ratios To Look Out For
It’s worth pointing out that J.B. Hunt Transport Services, Inc. [NASDAQ:JBHT]’s Current Ratio is 1.26. As well, the Quick Ratio is 1.26, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 1.40, the price to book ratio is 4.20 and price to earnings (TTM) ratio is 26.89.
Transactions by insiders
Recent insider trading involved ROBERTS JOHN N, CEO, that happened on Apr 26 ’24 when 6200.0 shares were purchased. Director, Ottensmeyer Patrick J completed a deal on Mar 04 ’24 to buy 5000.0 shares. Meanwhile, EVP- Final Mile Services Webb Brian sold 900.0 shares on Feb 26 ’24.
