In the past week, JBHT stock has gone up by 0.05%, with a monthly decline of -3.42% and a quarterly surge of 8.84%. The volatility ratio for the week is 2.55%, and the volatility levels for the last 30 days are 2.52% for J.B. Hunt Transport Services, Inc. The simple moving average for the past 20 days is -1.35% for JBHT’s stock, with a -6.39% simple moving average for the past 200 days.
Is It Worth Investing in J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Right Now?
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) has a higher price-to-earnings ratio of 29.14x compared to its average ratio. JBHT has 36-month beta value of 1.16. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 7 as “overweight,” 9 as “hold,” and 0 as “sell.”
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The public float for JBHT is 81.36M, and currently, short sellers hold a 1.75% ratio of that float. The average trading volume of JBHT on September 19, 2024 was 916.19K shares.
JBHT) stock’s latest price update
The stock price of J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) has surged by 0.81 when compared to previous closing price of 167.99, but the company has seen a 0.05% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-09-12 that POCONO MANOR, Pa.–(BUSINESS WIRE)–Kalahari Resorts & Conventions, home to America’s Largest Indoor Waterparks, has begun a renovation totaling $8M at its Pocono Mountains resort, bringing two new signature culinary experiences to guests. MACS fast-casual macaroni and cheese restaurant and Redd’s Piano Bar and Lounge are scheduled to open later this year. “2025 marks our Pocono Mountains resort’s 10th anniversary,” said Don Pleau, General Manager, Kalahari Resort, Pocono Manor. “We have we.
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 0.63% 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 -22.85% of loss for the given period.
Volatility was left at 2.52%, however, over the last 30 days, the volatility rate increased by 2.55%, as shares sank -1.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.88% upper at present.
During the last 5 trading sessions, JBHT rose by +0.05%, which changed the moving average for the period of 200-days by -8.59% in comparison to the 20-day moving average, which settled at $171.52. In addition, J.B. Hunt Transport Services, Inc. saw -15.21% 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 Field Darren P., who sale 3,000 shares at the price of $175.03 back on Aug 23 ’24. After this action, Field Darren P. now owns 14,150 shares of J.B. Hunt Transport Services, Inc., valued at $525,090 using the latest closing price.
Field Darren P., the Officer of J.B. Hunt Transport Services, Inc., proposed sale 3,000 shares at $175.03 during a trade that took place back on Aug 23 ’24, which means that Field Darren P. is holding shares at $525,090 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 1.52. 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
To put it simply, J.B. Hunt Transport Services, Inc. (JBHT) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
