J.B. Hunt Transport Services (JBHT) – Research Analysts’ Recent Ratings Changes

A number of firms have modified their ratings and price targets on shares of J.B. Hunt Transport Services (NASDAQ: JBHT) recently:

  • 2/10/2018 – J.B. Hunt Transport Services was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 2/7/2018 – J.B. Hunt Transport Services had its price target raised by analysts at Citigroup Inc to $120.00. They now have a “hold” rating on the stock.
  • 1/31/2018 – J.B. Hunt Transport Services was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 1/30/2018 – J.B. Hunt Transport Services had its price target raised by analysts at Credit Suisse Group AG from $129.00 to $131.00. They now have an “outperform” rating on the stock.
  • 1/29/2018 – J.B. Hunt Transport Services had its “market perform” rating reaffirmed by analysts at Cowen Inc. They now have a $124.00 price target on the stock, down previously from $127.00.
  • 1/24/2018 – J.B. Hunt Transport Services was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 1/23/2018 – J.B. Hunt Transport Services was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $138.00 price target on the stock. According to Zacks, “Shares of J.B. Hunt have outperformed its industry over the last month. The stock rallied 9.5% compared with the industry's gain of 7.3% in the same period. Ushering in further good news, the company outperformed in the fourth quarter of 2017. Additionally, both revenues and earnings improved year over year. We are impressed by the growth in volumes at the company's primary division — intermodal. Also, the company's decision to acquire Special Logistics Dedicated and its affiliated entities is a positive. The acquisition will enhance the company's e-commerce delivery capabilities. J.B. Hunt’s efforts to reward shareholders  are also encouraging. However, its high operating expenses pose a threat to bottom-line growth. Additionally, J.B. Hunt’s high debt levels are concerning.”
  • 1/19/2018 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at Stephens. They now have a $140.00 price target on the stock.
  • 1/19/2018 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at Loop Capital. They now have a $145.00 price target on the stock.
  • 1/19/2018 – J.B. Hunt Transport Services had its “hold” rating reaffirmed by analysts at Cowen Inc. They now have a $127.00 price target on the stock.
  • 1/11/2018 – J.B. Hunt Transport Services had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $121.00 price target on the stock.
  • 1/8/2018 – J.B. Hunt Transport Services had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $129.00 price target on the stock, up previously from $111.00.
  • 1/3/2018 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at Stephens. They now have a $135.00 price target on the stock.
  • 12/29/2017 – J.B. Hunt Transport Services had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $120.00 price target on the stock.
  • 12/29/2017 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $125.00 price target on the stock.
  • 12/28/2017 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at Stephens. They now have a $115.00 price target on the stock.
  • 12/28/2017 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at Bank of America Corp. They now have a $128.00 price target on the stock, up previously from $117.00.
  • 12/19/2017 – J.B. Hunt Transport Services was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Shares of J.B. Hunt have underperformed its industry so far this year. The stock has appreciated 16.2% compared with the industry's gain of 25.9%,  over the same period. The company's high operating expenses pose a threat to its bottom line growth. The recent natural calamities have hampered operations of this transportation company. Moreover, J.B. Hunt is a highly leveraged company. The neagativity surrounding the stock is evident from the Zacks Consensus Estimate for the current quarter being revised downward 5.5% in the last 90 days. However, the company's decision to acquire Special Logistics Dedicated and its affiliated entities is encouraging. The acquisition will enhance the company's e-commerce delivery capabilities and will be accretive in 2018.”

Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) opened at $115.11 on Monday. The company has a quick ratio of 1.48, a current ratio of 1.52 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $12,633.67, a P/E ratio of 18.60, a PEG ratio of 1.72 and a beta of 0.98. J.B. Hunt Transport Services, Inc. has a 1-year low of $83.35 and a 1-year high of $126.49.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings results on Thursday, January 18th. The transportation company reported $3.48 EPS for the quarter, beating the consensus estimate of $1.03 by $2.45. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.93 billion. J.B. Hunt Transport Services had a return on equity of 27.32% and a net margin of 9.55%. The company’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same period last year, the firm earned $1.05 EPS. sell-side analysts anticipate that J.B. Hunt Transport Services, Inc. will post 5.27 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Friday, February 9th will be issued a $0.24 dividend. This is a boost from J.B. Hunt Transport Services’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Thursday, February 8th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 15.51%.

In related news, SVP John Kuhlow sold 500 shares of J.B. Hunt Transport Services stock in a transaction on Friday, December 8th. The stock was sold at an average price of $112.55, for a total transaction of $56,275.00. Following the completion of the transaction, the senior vice president now directly owns 3,499 shares of the company’s stock, valued at $393,812.45. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Bradley W. Hicks sold 1,000 shares of J.B. Hunt Transport Services stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $110.33, for a total value of $110,330.00. Following the transaction, the executive vice president now directly owns 16,690 shares of the company’s stock, valued at $1,841,407.70. The disclosure for this sale can be found here. Insiders sold a total of 22,844 shares of company stock valued at $2,851,467 over the last three months. Insiders own 4.30% of the company’s stock.

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.

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