J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT - Get Free Report) Director James Thompson sold 1,000 shares of J.B. Hunt Transport Services stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $254.28, for a total transaction of $254,280.00. Following the sale, the director directly owned 19,559 shares of the company's stock, valued at $4,973,462.52. This represents a 4.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
J.B. Hunt Transport Services Price Performance
JBHT opened at $247.03 on Thursday. The company has a fifty day moving average price of $219.79 and a two-hundred day moving average price of $197.49. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.81 and a current ratio of 1.26. J.B. Hunt Transport Services, Inc. has a 52 week low of $126.05 and a 52 week high of $256.18. The firm has a market capitalization of $23.37 billion, a PE ratio of 38.24, a P/E/G ratio of 1.87 and a beta of 1.22.
J.B. Hunt Transport Services (NASDAQ:JBHT - Get Free Report) last released its earnings results on Wednesday, April 15th. The transportation company reported $1.49 EPS for the quarter, topping analysts' consensus estimates of $1.45 by $0.04. J.B. Hunt Transport Services had a net margin of 5.13% and a return on equity of 17.30%. The firm had revenue of $3.06 billion during the quarter, compared to analyst estimates of $3.01 billion. During the same quarter in the previous year, the business earned $1.17 EPS. The business's quarterly revenue was up 4.6% compared to the same quarter last year. As a group, analysts anticipate that J.B. Hunt Transport Services, Inc. will post 7.25 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of analysts have commented on JBHT shares. Sanford C. Bernstein lifted their target price on shares of J.B. Hunt Transport Services from $158.00 to $195.00 and gave the stock a "market perform" rating in a report on Friday, January 9th. JPMorgan Chase & Co. lifted their target price on shares of J.B. Hunt Transport Services from $176.00 to $211.00 and gave the stock an "overweight" rating in a report on Monday, January 12th. Morgan Stanley lifted their target price on shares of J.B. Hunt Transport Services from $165.00 to $180.00 and gave the stock an "equal weight" rating in a report on Thursday, April 16th. Vertical Research lowered shares of J.B. Hunt Transport Services from a "strong-buy" rating to a "hold" rating and set a $200.00 target price for the company. in a report on Thursday, January 8th. Finally, UBS Group lifted their target price on shares of J.B. Hunt Transport Services from $216.00 to $221.00 and gave the stock a "neutral" rating in a report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $227.04.
Check Out Our Latest Report on JBHT
Hedge Funds Weigh In On J.B. Hunt Transport Services
Institutional investors and hedge funds have recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in shares of J.B. Hunt Transport Services in the 4th quarter valued at $32,000. Whittier Trust Co. grew its holdings in shares of J.B. Hunt Transport Services by 39.1% in the 4th quarter. Whittier Trust Co. now owns 178 shares of the transportation company's stock valued at $37,000 after buying an additional 50 shares during the period. Root Financial Partners LLC acquired a new position in shares of J.B. Hunt Transport Services in the 3rd quarter valued at $25,000. CIBC Private Wealth Group LLC grew its holdings in shares of J.B. Hunt Transport Services by 34.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 188 shares of the transportation company's stock valued at $37,000 after buying an additional 48 shares during the period. Finally, Activest Wealth Management grew its holdings in shares of J.B. Hunt Transport Services by 19,800.0% in the 4th quarter. Activest Wealth Management now owns 199 shares of the transportation company's stock valued at $39,000 after buying an additional 198 shares during the period. Institutional investors and hedge funds own 74.95% of the company's stock.
J.B. Hunt Transport Services Company Profile
(
Get Free Report)
J.B. Hunt Transport Services, Inc is a leading provider of transportation and logistics solutions headquartered in Lowell, Arkansas. The company offers a comprehensive suite of services designed to move freight efficiently across North America, including intermodal, dedicated contract services, full truckload, less-than-truckload (LTL), final mile delivery and specialized transport.
In its intermodal segment, J.B. Hunt leverages a network of rail and truck assets to transport containers and trailers on major U.S.
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