The stock of J.B. Hunt Transport Services, Inc (JBHT) has seen a -2.18% decrease in the past week, with a 8.00% gain in the past month, and a 12.77% flourish in the past quarter. The volatility ratio for the week is 3.27%, and the volatility levels for the past 30 days are at 2.73% for JBHT. The simple moving average for the last 20 days is 3.33% for JBHT stock, with a simple moving average of 6.69% for the last 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 price-to-earnings ratio of 34.26x that is above its average ratio. Additionally, the 36-month beta value for JBHT is 1.15. 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.”
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The public float for JBHT is 80.44M and currently, short sellers hold a 2.46% ratio of that float. The average trading volume of JBHT on November 13, 2024 was 856.07K shares.
JBHT) stock’s latest price update
The stock price of J.B. Hunt Transport Services, Inc (NASDAQ: JBHT) has plunged by -2.04 when compared to previous closing price of 192.54, but the company has seen a -2.18% decline in its stock price over the last five trading sessions. marketbeat.com reported 2024-11-12 that Price action can be one of the best indicators for investors to keep track of when figuring out where the market is trying to go in the coming quarters. As it turns out, most – if not all – asset classes rose tremendously the morning after the United States presidential elections, and as Warren Buffett says, all boats will do well on a rising tide.
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 $182 based on the research report published on October 16, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see JBHT reach a price target of $201. The rating they have provided for JBHT stocks is “Buy” according to the report published on October 09th, 2024.
TD Cowen gave a rating of “Hold” to JBHT, setting the target price at $161 in the report published on July 17th of the current year.
JBHT Trading at 7.78% 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 -14.07% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 3.27%, as shares surge +4.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.83% upper at present.
During the last 5 trading sessions, JBHT fell by -2.46%, which changed the moving average for the period of 200-days by -8.10% in comparison to the 20-day moving average, which settled at $182.51. In addition, J.B. Hunt Transport Services, Inc saw -5.57% 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 Bracy Kevin, who sale 1,614 shares at the price of $189.87 back on Nov 07 ’24. After this action, Bracy Kevin now owns 8,235 shares of J.B. Hunt Transport Services, Inc, valued at $306,449 using the latest closing price.
Webb Brian, the EVP- Final Mile Services of J.B. Hunt Transport Services, Inc, sale 530 shares at $192.83 during a trade that took place back on Nov 07 ’24, which means that Webb Brian is holding 15,733 shares at $102,200 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 0.13. Equity return is now at value 14.19, with 6.81 for asset returns.
Based on J.B. Hunt Transport Services, Inc (JBHT), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.9. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is 11.45.
Currently, EBITDA for the company is 1.76 billion with net debt to EBITDA at 0.89. When we switch over and look at the enterprise to sales, we see a ratio of 1.67. The receivables turnover for the company is 9.7for 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 0.94.
Conclusion
In conclusion, J.B. Hunt Transport Services, Inc (JBHT) has seen mixed 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
