In the past week, JBHT stock has gone down by -2.08%, with a monthly decline of -14.26% and a quarterly plunge of -19.18%. The volatility ratio for the week is 2.48%, and the volatility levels for the last 30 days are 2.23% for J.B. Hunt Transport Services, Inc. The simple moving average for the last 20 days is -11.52% for JBHT stock, with a simple moving average of -14.44% for the last 200 days.
Is It Worth Investing in J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Right Now?
The price-to-earnings ratio for J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) is 26.10x, which is above its average ratio. Moreover, the 36-month beta value for JBHT is 1.16. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 7 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for JBHT is 82.69M and currently, short sellers hold a 3.10% of that float. On April 25, 2024, JBHT’s average trading volume was 830.85K shares.
JBHT) stock’s latest price update
The stock price of J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) has plunged by -1.74 when compared to previous closing price of 167.55, but the company has seen a -2.08% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-24 that GATX’s first-quarter 2024 earnings decrease year over year while revenues improve.
Analysts’ Opinion of JBHT
Many brokerage firms have already submitted their reports for JBHT stocks, with TD Cowen repeating the rating for JBHT by listing it as a “Hold.” The predicted price for JBHT in the upcoming period, according to TD Cowen is $181 based on the research report published on April 17, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see JBHT reach a price target of $200, previously predicting the price at $215. The rating they have provided for JBHT stocks is “Equal Weight” according to the report published on April 01st, 2024.
UBS gave a rating of “Buy” to JBHT, setting the target price at $234 in the report published on January 22nd of the current year.
JBHT Trading at -16.18% from the 50-Day Moving Average
After a stumble in the market that brought JBHT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.00% of loss for the given period.
Volatility was left at 2.23%, however, over the last 30 days, the volatility rate increased by 2.48%, as shares sank -15.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.99% lower at present.
During the last 5 trading sessions, JBHT fell by -2.08%, which changed the moving average for the period of 200-days by -8.95% in comparison to the 20-day moving average, which settled at $184.62. In addition, J.B. Hunt Transport Services, Inc. saw -17.58% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JBHT starting from Ottensmeyer Patrick J, who purchase 5,000 shares at the price of $202.99 back on Mar 04 ’24. After this action, Ottensmeyer Patrick J now owns 5,000 shares of J.B. Hunt Transport Services, Inc., valued at $1,014,950 using the latest closing price.
Webb Brian, the EVP- Final Mile Services of J.B. Hunt Transport Services, Inc., sale 900 shares at $208.54 during a trade that took place back on Feb 26 ’24, which means that Webb Brian is holding 15,032 shares at $187,689 based on the most recent closing price.
Stock Fundamentals for JBHT
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.14 for the gross margin
The net margin for J.B. Hunt Transport Services, Inc. stands at 0.05. The total capital return value is set at 0.13. Equity return is now at value 16.53, with 8.11 for asset returns.
Based on J.B. Hunt Transport Services, Inc. (JBHT), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.92. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 15.38.
Currently, EBITDA for the company is 1.76 billion with net debt to EBITDA at 1.01. When we switch over and look at the enterprise to sales, we see a ratio of 1.46. The receivables turnover for the company is 9.86for trailing twelve months and the total asset turnover is 1.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.
Conclusion
To wrap up, the performance of J.B. Hunt Transport Services, Inc. (JBHT) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
