J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) – KeyCorp decreased their Q4 2017 earnings per share estimates for J.B. Hunt Transport Services in a report released on Sunday. KeyCorp analyst T. Fowler now expects that the transportation company will post earnings of $1.04 per share for the quarter, down from their previous estimate of $1.08. KeyCorp currently has a “Buy” rating and a $115.00 price target on the stock. KeyCorp also issued estimates for J.B. Hunt Transport Services’ FY2018 earnings at $4.40 EPS.

Other equities research analysts also recently issued research reports about the company. Stifel Nicolaus reaffirmed a “hold” rating and set a $88.00 price objective on shares of J.B. Hunt Transport Services in a research report on Friday, June 23rd. Wells Fargo & Company reaffirmed an “outperform” rating and set a $105.00 price objective (up previously from $100.00) on shares of J.B. Hunt Transport Services in a research report on Tuesday, July 18th. Loop Capital reaffirmed a “buy” rating and set a $116.00 price objective on shares of J.B. Hunt Transport Services in a research report on Monday. BidaskClub downgraded J.B. Hunt Transport Services from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 2nd. Finally, Zacks Investment Research raised J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Nine analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. J.B. Hunt Transport Services currently has an average rating of “Hold” and a consensus price target of $107.81.

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Shares of J.B. Hunt Transport Services (NASDAQ:JBHT) traded up 1.49% during trading on Wednesday, reaching $103.96. 216,171 shares of the company were exchanged. The firm’s 50 day moving average is $103.94 and its 200 day moving average is $93.62. The firm has a market capitalization of $11.41 billion, a P/E ratio of 27.71 and a beta of 0.97. J.B. Hunt Transport Services has a 1-year low of $76.20 and a 1-year high of $111.98.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings results on Friday, October 13th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.96 by ($0.05). The firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.82 billion. J.B. Hunt Transport Services had a return on equity of 28.90% and a net margin of 6.05%. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.97 EPS.

In other J.B. Hunt Transport Services news, CFO David G. Mee sold 10,767 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $91.29, for a total transaction of $982,919.43. Following the sale, the chief financial officer now 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 the SEC website. Also, EVP Bradley W. Hicks sold 1,000 shares of the company’s stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $94.73, for a total value of $94,730.00. Following the sale, the executive vice president now owns 18,690 shares in the company, valued at approximately $1,770,503.70. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,044,369 shares of company stock worth $102,286,201. 4.30% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of JBHT. YorkBridge Wealth Partners LLC increased its holdings in J.B. Hunt Transport Services by 6.6% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,097 shares of the transportation company’s stock worth $102,000 after purchasing an additional 68 shares during the period. Bronfman E.L. Rothschild L.P. increased its holdings in J.B. Hunt Transport Services by 3.3% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,339 shares of the transportation company’s stock worth $122,000 after purchasing an additional 43 shares during the period. Farmers & Merchants Investments Inc. increased its holdings in J.B. Hunt Transport Services by 1.4% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 1,420 shares of the transportation company’s stock worth $130,000 after purchasing an additional 20 shares during the period. Paradigm Asset Management Co. LLC increased its holdings in J.B. Hunt Transport Services by 3.1% during the 2nd quarter. Paradigm Asset Management Co. LLC now owns 1,650 shares of the transportation company’s stock worth $151,000 after purchasing an additional 50 shares during the period. Finally, Meeder Asset Management Inc. purchased a new stake in J.B. Hunt Transport Services during the 2nd quarter worth about $173,000. Institutional investors own 71.49% of the company’s stock.

J.B. Hunt Transport Services Company Profile

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 and Estimates for J.B. Hunt Transport Services (NASDAQ:JBHT)

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