J.B. Hunt Transport Services Inc. Hits New 52-Week High at $79.14 (JBHT)
Shares of J.B. Hunt Transport Services (NASDAQ:JBHT) hit a new 52-week high during trading on Friday, StockRatingsNetwork.com reports. The stock traded as high as $79.14 and last traded at $78.90, with a volume of 613,510 shares trading hands. The stock had previously closed at $77.48.
Several analysts have recently commented on the stock. Analysts at Wunderlich reiterated a “hold” rating on shares of J.B. Hunt Transport Services in a research note to investors on Tuesday, December 31st. They now have a $76.00 price target on the stock. Separately, analysts at Ned Davis Research upgraded shares of J.B. Hunt Transport Services from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 30th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of J.B. Hunt Transport Services in a research note to investors on Monday, December 16th. They now have a $89.00 price target on the stock, up previously from $83.00. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $79.61.
J.B. Hunt Transport Services has a 52 week low of $60.22 and a 52 week high of $78.65. The stock’s 50-day moving average is $76.05 and its 200-day moving average is $74.47. The company has a market cap of $9.338 billion and a price-to-earnings ratio of 27.67.
J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings data on Monday, October 14th. The company reported $0.75 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.78 by $0.03. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter last year, the company posted $0.65 earnings per share. J.B. Hunt Transport Services’s revenue was up 10.7% compared to the same quarter last year. Analysts expect that J.B. Hunt Transport Services will post $2.89 EPS for the current fiscal year.
J B Hunt Transport Services Inc(NASDAQ:JBHT) is a holding company that, together with its wholly owned subsidiaries, operates as a surface transportation and delivery services to a diverse group of customers and consumers throughout the continental United States, Canada and Mexico.
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