That’s why I Feel Comfortable With J.B. Hunt Transport Services, Inc.’s (JBHT) Future

At the time of writing, J.B. Hunt Transport Services, Inc. [JBHT] stock is trading at $175.46, up 2.78%. An important factor to consider is whether the stock is rising or falling in short-term value. The JBHT shares have gain 6.84% over the last week, with a monthly amount glided 4.03%, 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 October 09, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $201. Previously, TD Cowen reaffirmed its Hold rating on July 17, 2024, and dropped its price target to $161. On June 07, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $185 on the stock. TD Cowen reiterated its Hold rating and decreased its price target to $181 on April 17, 2024. Barclays downgraded its rating to a Equal Weight and reduced its price target to $200 on April 01, 2024. UBS upgraded its rating to Buy for this stock on January 22, 2024, but kept the price target unchanged to $234. In a note dated January 19, 2024, TD Cowen reiterated an Market Perform rating on this stock and boosted its target price from $178 to $199.

For the past year, the stock price of J.B. Hunt Transport Services, Inc. fluctuated between $153.12 and $219.51. Currently, Wall Street analysts expect the stock to reach $194.21 within the next 12 months. J.B. Hunt Transport Services, Inc. [NASDAQ: JBHT] shares were valued at $175.46 at the most recent close of the market. An investor can expect a potential return of 10.69% based on the average JBHT price forecast.

Analyzing the JBHT fundamentals

According to J.B. Hunt Transport Services, Inc. [NASDAQ:JBHT], the company’s sales were 12.34B for trailing twelve months, which represents an -6.51% plunge. 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 170.63 points at the first support level, and at 165.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 177.95, and for the 2nd resistance point, it is at 180.45.

Ratios To Look Out For

It is important to note that J.B. Hunt Transport Services, Inc. [NASDAQ:JBHT] has a current ratio of 1.21. On the other hand, the Quick Ratio is 1.21, and the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 1.45, the price to book ratio is 4.39 and price to earnings (TTM) ratio is 30.19.

Transactions by insiders

Recent insider trading involved Field Darren P., EVP and President Intermodal, that happened on Aug 23 ’24 when 3000.0 shares were sold. Officer, Field Darren P. completed a deal on Aug 23 ’24 to buy 3000.0 shares. Meanwhile, Director Lisboa Persio V bought 600.0 shares on Jul 19 ’24.

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