J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Shares of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) have been given an average rating of “Moderate Buy” by the twenty-six ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, fifteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $280.83.

Several brokerages have recently issued reports on JBHT. Raymond James Financial reduced their price target on J.B. Hunt Transport Services from $315.00 to $300.00 and set an “outperform” rating for the company in a report on Thursday, September 17th. Zacks Research cut shares of J.B. Hunt Transport Services from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. TD Cowen lowered their price objective on shares of J.B. Hunt Transport Services from $297.00 to $283.00 and set a “hold” rating on the stock in a research note on Monday. Benchmark boosted their price target on J.B. Hunt Transport Services from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Finally, Citizens Jmp raised shares of J.B. Hunt Transport Services from a “market perform” rating to an “outperform” rating and set a $300.00 price target on the stock in a report on Thursday, September 17th.

Key Stories Impacting J.B. Hunt Transport Services

Here are the key news stories impacting J.B. Hunt Transport Services this week:

• Positive Sentiment: JPMorgan maintained an “overweight” rating despite lowering its price target to $287 from $313. The revised target remains substantially above the reference price of $225.93, suggesting the firm still sees meaningful recovery potential. JPMorgan Adjusts Price Target on J.B. Hunt
• Neutral Sentiment: TD Cowen cut its price target to $283 from $297 and retained a “hold” rating. Although the target implies upside, the reduction reflects more cautious expectations for J.B. Hunt’s earnings or freight-market outlook. TD Cowen Issues Forecast for J.B. Hunt
• Negative Sentiment: Rosen Law Firm said it is investigating potential securities claims alleging that J.B. Hunt may have issued materially misleading business information. Such announcements can weigh on investor confidence and raise the possibility of litigation-related costs or additional disclosures, although the investigation does not establish wrongdoing. Rosen Law Firm J.B. Hunt Investor News
• Negative Sentiment: Pomerantz separately announced an investigation on behalf of J.B. Hunt investors. The second law-firm notice reinforces near-term legal uncertainty and may add selling pressure, though it provides no finding against the company. Pomerantz J.B. Hunt Investor Alert

Institutional Trading of J.B. Hunt Transport Services

Several hedge funds have recently modified their holdings of JBHT. Eastern Bank increased its holdings in J.B. Hunt Transport Services by 6.8% during the 3rd quarter. Eastern Bank now owns 768 shares of the transportation company’s stock valued at $172,000 after purchasing an additional 49 shares in the last quarter. QRG Capital Management Inc. acquired a new position in J.B. Hunt Transport Services in the second quarter valued at approximately $219,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of J.B. Hunt Transport Services in the 2nd quarter worth $262,000. Andra AP fonden boosted its holdings in J.B. Hunt Transport Services by 4.3% during the second quarter. Andra AP fonden now owns 29,221 shares of the transportation company’s stock worth $8,457,000 after buying an additional 1,200 shares during the last quarter. Finally, Junto Capital Management LP grew its holdings in J.B. Hunt Transport Services by 9.3% during the second quarter. Junto Capital Management LP now owns 426,492 shares of the transportation company’s stock valued at $123,440,000 after purchasing an additional 36,149 shares during the period. Institutional investors and hedge funds own 74.95% of the company’s stock.

J.B. Hunt Transport Services Price Performance

Shares of NASDAQ:JBHT opened at $225.93 on Wednesday. The company’s fifty day moving average is $258.37 and its two-hundred day moving average is $258.03. The company has a market cap of $21.22 billion, a P/E ratio of 32.00, a price-to-earnings-growth ratio of 1.85 and a beta of 1.31. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.31. J.B. Hunt Transport Services has a 12-month low of $136.46 and a 12-month high of $299.76.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.71 by $0.20. The firm had revenue of $3.50 billion during the quarter, compared to analyst estimates of $3.26 billion. J.B. Hunt Transport Services had a return on equity of 18.75% and a net margin of 5.31%.The business’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same period last year, the company posted $1.31 EPS. Equities analysts expect that J.B. Hunt Transport Services will post 7.58 earnings per share for the current fiscal year.

J.B. Hunt Transport Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Shareholders of record on Friday, August 7th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 0.8%. The ex-dividend date was Friday, August 7th. J.B. Hunt Transport Services’s dividend payout ratio is currently 25.50%.

J.B. Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc is a transportation and logistics company headquartered in Lowell, Arkansas. Founded in 1961 by Johnnie Bryan Hunt and Johnelle Hunt, the company has grown from a small trucking operation into a major provider of freight transportation and supply-chain services across North America.

The company’s primary business activities include intermodal transportation, which combines rail and truck services; dedicated contract services, which provides customized fleet and delivery operations for individual customers; and integrated capacity solutions, including freight brokerage and third-party logistics.