J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) has a price-to-earnings ratio of 26.95x that is above its average ratio. Additionally, the 36-month beta value for JBHT is 1.16. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 7 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
The public float for JBHT is 82.59M and currently, short sellers hold a 2.75% ratio of that float. The average trading volume of JBHT on May 10, 2024 was 836.55K shares.
JBHT) stock’s latest price update
The stock of J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) has increased by 1.35 when compared to last closing price of 167.75.Despite this, the company has seen a gain of 3.31% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that GATX’s first-quarter 2024 earnings decrease year over year while revenues improve.
JBHT’s Market Performance
J.B. Hunt Transport Services, Inc. (JBHT) has experienced a 3.31% rise in stock performance for the past week, with a -9.66% drop in the past month, and a -20.33% drop in the past quarter. The volatility ratio for the week is 1.50%, and the volatility levels for the past 30 days are at 2.20% for JBHT. The simple moving average for the past 20 days is 0.35% for JBHT’s stock, with a -11.05% simple moving average for the past 200 days.
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 -8.68% 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 -22.55% of loss for the given period.
Volatility was left at 2.20%, however, over the last 30 days, the volatility rate increased by 1.50%, as shares sank -10.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.15% lower at present.
During the last 5 trading sessions, JBHT rose by +3.31%, which changed the moving average for the period of 200-days by -14.89% in comparison to the 20-day moving average, which settled at $168.46. In addition, J.B. Hunt Transport Services, Inc. saw -14.88% 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 ROBERTS JOHN N, who purchase 6,200 shares at the price of $161.06 back on Apr 26 ’24. After this action, ROBERTS JOHN N now owns 313,955 shares of J.B. Hunt Transport Services, Inc., valued at $998,550 using the latest closing price.
Ottensmeyer Patrick J, the Director of J.B. Hunt Transport Services, Inc., purchase 5,000 shares at $202.99 during a trade that took place back on Mar 04 ’24, which means that Ottensmeyer Patrick J is holding 5,000 shares at $1,014,950 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 1.26. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 15.5.
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 1.5. 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
In conclusion, J.B. Hunt Transport Services, Inc. (JBHT) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
