J.B. Hunt Transport Services, Inc. (JBHT) stock price forecast predicts $195 value

J.B. Hunt Transport Services, Inc. [JBHT] stock is trading at $170.78, up 4.26%. 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 6.20% over the last week, with a monthly amount glided 9.29%, 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 July 17, 2024, when TD Cowen reiterated its Hold rating and also revised its price target to $161 from $181. Previously, Wells Fargo started tracking the stock with Overweight rating on June 07, 2024, and set its price target to $185. On April 17, 2024, TD Cowen reiterated its Hold rating and revised its price target to $181 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $200 on April 01, 2024. UBS upgraded its rating to a Buy but $234 remained the price target by the analyst firm on January 22, 2024. TD Cowen reiterated a Market Perform rating for this stock on January 19, 2024, and upped its price target to $199. In a note dated December 11, 2023, BMO Capital Markets upgraded an Outperform rating on this stock and boosted its target price from $200 to $220.

J.B. Hunt Transport Services, Inc. [JBHT] stock has fluctuated between $153.12 and $219.51 over the past year. Currently, Wall Street analysts expect the stock to reach $195 within the next 12 months. J.B. Hunt Transport Services, Inc. [NASDAQ: JBHT] shares were valued at $170.78 at the most recent close of the market. An investor can expect a potential return of 14.18% based on the average JBHT price forecast.

Analyzing the JBHT fundamentals

J.B. Hunt Transport Services, Inc. [NASDAQ:JBHT] reported sales of 12.34B for the trailing twelve months, which represents a drop of -6.51%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.15 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.

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 164.25 points at the first support level, and at 157.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 176.45, and for the 2nd resistance point, it is at 182.13.

Ratios To Look Out For

For context, J.B. Hunt Transport Services, Inc.’s Current Ratio is 1.21. As well, the Quick Ratio is 1.26, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 1.43, the price to book ratio is 4.27 and price to earnings (TTM) ratio is 29.38.

Transactions by insiders

Recent insider trading involved Lisboa Persio V, Director, that happened on Jul 19 ’24 when 600.0 shares were purchased. CEO, ROBERTS JOHN N completed a deal on Apr 26 ’24 to buy 6200.0 shares. Meanwhile, Director Ottensmeyer Patrick J bought 5000.0 shares on Mar 04 ’24.

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