J.B. Hunt Transport Services (NASDAQ:JBHT)‘s stock had its “neutral” rating reaffirmed by investment analysts at BMO Capital Markets in a research report issued to clients and investors on Friday.

Other analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of J.B. Hunt Transport Services from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research note on Tuesday, September 19th. Cowen reissued a “buy” rating and issued a $102.00 price target on shares of J.B. Hunt Transport Services in a report on Friday, August 25th. Loop Capital reaffirmed a “buy” rating and set a $116.00 target price (up previously from $103.00) on shares of J.B. Hunt Transport Services in a report on Wednesday, October 4th. Stifel Nicolaus reduced their price target on shares of J.B. Hunt Transport Services from $114.00 to $111.00 and set a “buy” rating on the stock in a research report on Monday, October 16th. Finally, Robert W. Baird reissued a “hold” rating and set a $112.00 price target on shares of J.B. Hunt Transport Services in a research report on Friday, October 6th. Eight investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. J.B. Hunt Transport Services presently has a consensus rating of “Buy” and a consensus target price of $109.41.

J.B. Hunt Transport Services (JBHT) traded down $2.13 during trading on Friday, hitting $109.01. 1,078,168 shares of the stock traded hands, compared to its average volume of 771,569. The company has a market cap of $12,197.83, a price-to-earnings ratio of 30.20, a PEG ratio of 2.27 and a beta of 1.06. J.B. Hunt Transport Services has a 12-month low of $83.35 and a 12-month high of $111.98. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.74.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its earnings results on Friday, October 13th. The transportation company reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.05). J.B. Hunt Transport Services had a net margin of 6.05% and a return on equity of 28.90%. The business had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same period last year, the business posted $0.97 EPS. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. equities analysts forecast that J.B. Hunt Transport Services will post 3.76 EPS for the current year.

In related news, Director Earl Wayne Garrison sold 100,000 shares of J.B. Hunt Transport Services stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $109.29, for a total transaction of $10,929,000.00. Following the completion of the sale, the director now owns 2,050,000 shares in the company, valued at approximately $224,044,500. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Darren P. Field sold 1,000 shares of J.B. Hunt Transport Services stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $99.10, for a total value of $99,100.00. Following the sale, the executive vice president now owns 4,060 shares of the company’s stock, valued at approximately $402,346. The disclosure for this sale can be found here. In the last 90 days, insiders sold 103,694 shares of company stock valued at $11,300,194. Company insiders own 4.30% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. YorkBridge Wealth Partners LLC grew its holdings in J.B. Hunt Transport Services by 6.6% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,097 shares of the transportation company’s stock valued at $102,000 after buying an additional 68 shares during the period. Societe Generale bought a new stake in shares of J.B. Hunt Transport Services in the 2nd quarter valued at approximately $111,000. Global X Management Co. LLC increased its holdings in shares of J.B. Hunt Transport Services by 89.9% in the 3rd quarter. Global X Management Co. LLC now owns 1,390 shares of the transportation company’s stock valued at $113,000 after acquiring an additional 658 shares during the last quarter. MSI Financial Services Inc increased its holdings in shares of J.B. Hunt Transport Services by 19.1% in the 3rd quarter. MSI Financial Services Inc now owns 1,447 shares of the transportation company’s stock valued at $117,000 after acquiring an additional 232 shares during the last quarter. Finally, Bronfman E.L. Rothschild L.P. increased its holdings in shares of J.B. Hunt Transport Services by 3.4% in the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 1,296 shares of the transportation company’s stock valued at $119,000 after acquiring an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 70.97% of the company’s stock.

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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.

Analyst Recommendations for J.B. Hunt Transport Services (NASDAQ:JBHT)

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