The price-to-earnings ratio for J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) is above average at 28.78x, Company’s 36-month beta value is 1.16.Analysts have differing 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 81.59M, and currently, short sellers hold a 2.08% ratio of that floaft. The average trading volume of JBHT on August 15, 2024 was 906.36K shares.
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JBHT) stock’s latest price update
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) has seen a rise in its stock price by 2.23 in relation to its previous close of 163.63. However, the company has experienced a 2.09% gain in its stock price over the last five trading sessions. zacks.com reported 2024-08-14 that This stock has the unenviable streak of missing the Zacks Consensus Estimate in each of the last 7 quarters.
JBHT’s Market Performance
JBHT’s stock has risen by 2.09% in the past week, with a monthly rise of 2.06% and a quarterly drop of -0.18%. The volatility ratio for the week is 1.74% while the volatility levels for the last 30 days are 3.16% for J.B. Hunt Transport Services, Inc. The simple moving average for the last 20 days is 0.95% for JBHT stock, with a simple moving average of -7.81% for the last 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 $161 based on the research report published on July 17, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see JBHT reach a price target of $185. The rating they have provided for JBHT stocks is “Overweight” according to the report published on June 07th, 2024.
TD Cowen gave a rating of “Hold” to JBHT, setting the target price at $181 in the report published on April 17th of the current year.
JBHT Trading at 3.11% 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 -23.79% of loss for the given period.
Volatility was left at 3.16%, however, over the last 30 days, the volatility rate increased by 1.74%, as shares surge +4.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.48% upper at present.
During the last 5 trading sessions, JBHT rose by +3.00%, which changed the moving average for the period of 200-days by +1.69% in comparison to the 20-day moving average, which settled at $166.11. In addition, J.B. Hunt Transport Services, Inc. saw -16.25% 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 Lisboa Persio V, who purchase 600 shares at the price of $163.47 back on Jul 19 ’24. After this action, Lisboa Persio V now owns 3,594 shares of J.B. Hunt Transport Services, Inc., valued at $98,082 using the latest closing price.
ROBERTS JOHN N, the CEO of J.B. Hunt Transport Services, Inc., purchase 6,200 shares at $161.06 during a trade that took place back on Apr 26 ’24, which means that ROBERTS JOHN N is holding 313,955 shares at $998,550 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
- 0.12 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 0.12. Equity return is now at value 15.13, with 7.25 for asset returns.
Based on J.B. Hunt Transport Services, Inc. (JBHT), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.99. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is 13.16.
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 1.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.
Conclusion
In a nutshell, J.B. Hunt Transport Services, Inc. (JBHT) has experienced a mixed performance in recent times. The stock has received mixed “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.
