J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is scheduled to post its quarterly earnings results before the market opens on Friday, October 13th.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings data on Monday, July 17th. The transportation company reported $0.88 EPS for the quarter, missing the Zacks’ consensus estimate of $0.92 by ($0.04). The business had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.74 billion. J.B. Hunt Transport Services had a return on equity of 30.00% and a net margin of 6.32%. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 EPS. On average, analysts expect J.B. Hunt Transport Services to post $3.86 EPS for the current fiscal year and $4.49 EPS for the next fiscal year.

Shares of J.B. Hunt Transport Services, Inc. (NASDAQ JBHT) opened at 106.87 on Friday. The stock has a 50 day moving average of $102.21 and a 200-day moving average of $92.95. The company has a market cap of $11.70 billion, a price-to-earnings ratio of 28.04 and a beta of 0.97. J.B. Hunt Transport Services, Inc. has a 12 month low of $76.20 and a 12 month high of $111.98.

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Several research firms recently issued reports on JBHT. BidaskClub downgraded shares of J.B. Hunt Transport Services from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 2nd. Barclays PLC lifted their price target on shares of J.B. Hunt Transport Services from $97.00 to $105.00 and gave the company an “equal weight” rating in a research report on Monday. Loop Capital reissued a “buy” rating and issued a $116.00 price target (up previously from $103.00) on shares of J.B. Hunt Transport Services in a research report on Wednesday. Zacks Investment Research raised shares of J.B. Hunt Transport Services from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a research report on Tuesday, September 19th. Finally, Cowen and Company reissued a “buy” rating and issued a $102.00 price target on shares of J.B. Hunt Transport Services in a research report on Sunday, October 1st. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $104.19.

In other J.B. Hunt Transport Services news, CFO David G. Mee sold 10,767 shares of the firm’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $91.29, for a total transaction of $982,919.43. Following the transaction, the chief financial officer now directly owns 109,500 shares in the company, valued at approximately $9,996,255. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman James K. Thompson sold 8,503 shares of the firm’s stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $91.76, for a total value of $780,235.28. Following the transaction, the chairman now owns 51,846 shares in the company, valued at $4,757,388.96. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,052,872 shares of company stock worth $103,066,436. Company insiders own 4.30% of the company’s stock.

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.

Earnings History for J.B. Hunt Transport Services (NASDAQ:JBHT)

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