J.B. Hunt Transport Services’ (JBHT) Market Outperform Rating Reiterated at Citizens Jmp

Citizens Jmp restated their market outperform rating on shares of J.B. Hunt Transport Services (NASDAQ:JBHT) in a research report report published on Friday morning,Benzinga reports. They currently have a $300.00 target price on the transportation company’s stock.

A number of other equities research analysts also recently issued reports on JBHT. Bank of America decreased their price objective on J.B. Hunt Transport Services from $340.00 to $302.00 and set a “buy” rating on the stock in a research report on Wednesday, September 16th. William Blair set a $300.00 target price on J.B. Hunt Transport Services in a report on Friday. Susquehanna dropped their target price on J.B. Hunt Transport Services from $345.00 to $305.00 and set a “positive” rating for the company in a report on Friday, October 2nd. TD Cowen cut their target price on J.B. Hunt Transport Services from $297.00 to $283.00 and set a “hold” rating on the stock in a research report on Monday, October 5th. Finally, Weiss Ratings downgraded J.B. Hunt Transport Services from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $274.12.

J.B. Hunt Transport Services Price Performance

Shares of NASDAQ JBHT opened at $228.78 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.26 and a debt-to-equity ratio of 0.31. J.B. Hunt Transport Services has a 12-month low of $157.82 and a 12-month high of $299.76. The firm’s 50-day moving average price is $251.71 and its 200-day moving average price is $259.44. The stock has a market capitalization of $21.49 billion, a price-to-earnings ratio of 32.13, a P/E/G ratio of 1.92 and a beta of 1.31.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its quarterly earnings results on Thursday, October 15th. The transportation company reported $1.82 EPS for the quarter, topping the consensus estimate of $1.81 by $0.01. J.B. Hunt Transport Services had a return on equity of 18.72% and a net margin of 5.07%. The company had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.59 billion. During the same quarter last year, the business posted $1.76 earnings per share. The firm’s revenue was up 20.4% on a year-over-year basis. On average, equities research analysts anticipate that J.B. Hunt Transport Services will post 7.26 EPS for the current fiscal year.

J.B. Hunt Transport Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Friday, August 7th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. J.B. Hunt Transport Services’s payout ratio is currently 25.28%.

Institutional Trading of J.B. Hunt Transport Services

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of J.B. Hunt Transport Services during the second quarter worth approximately $1,833,602,000. Bank of America Corp DE raised its stake in shares of J.B. Hunt Transport Services by 2.4% during the first quarter. Bank of America Corp DE now owns 454,610 shares of the transportation company’s stock valued at $96,332,000 after acquiring an additional 10,664 shares in the last quarter. Impact Partnership Wealth LLC bought a new stake in shares of J.B. Hunt Transport Services during the first quarter valued at approximately $1,054,000. OP Asset Management Ltd purchased a new stake in shares of J.B. Hunt Transport Services in the first quarter valued at approximately $1,681,000. Finally, Bank of Nova Scotia boosted its holdings in shares of J.B. Hunt Transport Services by 45.7% in the first quarter. Bank of Nova Scotia now owns 39,514 shares of the transportation company’s stock valued at $8,373,000 after purchasing an additional 12,386 shares during the period. 74.95% of the stock is owned by hedge funds and other institutional investors.

J.B. Hunt Transport Services News Summary

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

• Positive Sentiment: J.B. Hunt reported third-quarter revenue of $3.68 billion, up 20.4% year over year and above the $3.59 billion consensus estimate. Earnings of $1.82 per share also narrowly exceeded the $1.81 estimate, supported by intermodal growth and stronger pricing. J.B. Hunt Q3 Earnings Beat on Intermodal Growth and Strong Pricing
• Positive Sentiment: Citigroup raised its price target to $263 from $254 while keeping a Neutral rating. Citizens JMP also reaffirmed its Market Outperform rating with a $300 target, and JPMorgan retained an Overweight rating with a $283 target, indicating meaningful long-term upside potential.
• Neutral Sentiment: TD Cowen modestly reduced its price target to $279 from $283. The mixed analyst actions suggest confidence in J.B. Hunt’s growth prospects but less certainty about the near-term earnings trajectory. TD Cowen Adjusts J.B. Hunt Price Target
• Negative Sentiment: Operating expenses increased to $3.43 billion, with fuel, driver and insurance costs squeezing margins. Profit growth lagged revenue growth, making the headline earnings beat less encouraging to investors. JPMorgan also warned that markets may be overestimating how quickly margins can improve. J.B. Hunt Analysts Discuss Margin Recovery
• Negative Sentiment: Separate law-firm announcements concerning investigations into potential investor claims add an overhang, although no findings or liability have been established. Rosen Investor Investigation Announcement

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 his wife, Nellie, the company has grown into a major provider of freight transportation services across North America.

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