J.B. Hunt Transport Services (NASDAQ:JBHT) Stock Price Expected to Rise, Citigroup Analyst Says

J.B. Hunt Transport Services (NASDAQ:JBHT) had its price target lifted by analysts at Citigroup from $254.00 to $263.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the transportation company’s stock. Citigroup’s price objective indicates a potential upside of 14.96% from the stock’s previous close.

Several other research firms have also recently weighed in on JBHT. Wells Fargo & Company reduced their price objective on J.B. Hunt Transport Services from $305.00 to $285.00 and set an “overweight” rating for the company in a research report on Friday. TD Cowen decreased their target price on shares of J.B. Hunt Transport Services from $297.00 to $283.00 and set a “hold” rating for the company in a research note on Monday, October 5th. UBS Group upped their price objective on J.B. Hunt Transport Services from $264.00 to $273.00 and gave the company a “neutral” rating in a research note on Friday. Morgan Stanley reaffirmed an “underweight” rating and set a $195.00 target price on shares of J.B. Hunt Transport Services in a report on Friday. Finally, Raymond James Financial set a $283.00 price objective on J.B. Hunt Transport Services in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $274.12.

J.B. Hunt Transport Services Stock Down 2.8%

Shares of JBHT stock traded down $6.53 during trading hours on Friday, hitting $228.78. 1,600,444 shares of the company were exchanged, compared to its average volume of 1,015,322. The business has a 50 day moving average of $252.50 and a two-hundred day moving average of $259.27. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.31. J.B. Hunt Transport Services has a 52 week low of $157.82 and a 52 week high of $299.76. The company has a market capitalization of $21.49 billion, a PE ratio of 32.41, a PEG ratio of 1.93 and a beta of 1.31.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its earnings results on Thursday, October 15th. The transportation company reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.01. The firm had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.59 billion. J.B. Hunt Transport Services had a net margin of 5.31% and a return on equity of 18.75%. The company’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.76 EPS. Analysts anticipate that J.B. Hunt Transport Services will post 7.34 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Elevation Wealth Partners LLC lifted its holdings in shares of J.B. Hunt Transport Services by 500.0% during the second quarter. Elevation Wealth Partners LLC now owns 150 shares of the transportation company’s stock worth $43,000 after purchasing an additional 125 shares during the period. Basecamp Wealth Advisors LLC grew its holdings in J.B. Hunt Transport Services by 250.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 217 shares of the transportation company’s stock worth $46,000 after purchasing an additional 155 shares during the period. Parkside Financial Bank & Trust increased its position in J.B. Hunt Transport Services by 17.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 250 shares of the transportation company’s stock valued at $72,000 after buying an additional 38 shares in the last quarter. Westpac Banking Corp acquired a new position in shares of J.B. Hunt Transport Services during the second quarter worth approximately $131,000. Finally, Keating Financial Advisory Services Inc. acquired a new stake in shares of J.B. Hunt Transport Services in the 2nd quarter worth about $140,000. Institutional investors own 74.95% of the company’s stock.

Trending Headlines about J.B. Hunt Transport Services

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

• Positive Sentiment: Third-quarter revenue increased 20.4% year over year to $3.68 billion, exceeding the $3.59 billion consensus estimate. Intermodal volume growth and stronger pricing supported the top line. J.B. Hunt Q3 Earnings Beat on Intermodal Growth and Strong Pricing
• Positive Sentiment: Reported earnings of $1.82 per share edged past the $1.81 analyst consensus and rose from $1.76 a year earlier. Several analysts remain constructive: JPMorgan maintained an Overweight rating with a $283 target, while Citizens JMP reaffirmed Market Outperform with a $300 target. JPMorgan price target update
• Neutral Sentiment: TD Cowen trimmed its price target to $279 from $283, signaling continued long-term support but a more cautious near-term view. TD Cowen adjusts J.B. Hunt price target
• Negative Sentiment: Operating expenses rose to $3.43 billion, with fuel, driver compensation and insurance costs weighing on profitability. Net margin was 5.31%, and profit growth lagged the much faster revenue growth. J.B. Hunt Reports Higher Profit, Steeper Operating Expenses
• Negative Sentiment: JPMorgan cautioned that investors may be overestimating how quickly J.B. Hunt’s margins can recover. That outlook, combined with the stock’s strong prior performance, is driving disappointment despite the headline earnings and revenue beats. Analyst commentary on J.B. Hunt margins
• Negative Sentiment: Multiple law firms announced investigations into potential securities claims involving J.B. Hunt, adding a reputational and legal overhang, although no claims have been established. Rosen investor investigation

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.