J.B. Hunt Transport Services (JBHT) Earning Positive Press Coverage, Study Finds
Media stories about J.B. Hunt Transport Services (NASDAQ:JBHT) have trended positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. J.B. Hunt Transport Services earned a news sentiment score of 0.31 on Accern’s scale. Accern also gave media headlines about the transportation company an impact score of 46.1914005690439 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Transports Could Bounce at Major Support (finance.yahoo.com)
- J.B. Hunt Transport Services (JBHT) Stock Rating Upgraded by BidaskClub (americanbankingnews.com)
- Today’s Research Reports on Trending Tickers: J.B. Hunt Transport Services and YRC Worldwide (finance.yahoo.com)
- J.B. Hunt Transport Services, Inc. to Participate in the Barclays 2018 Industrial Select and the Raymond James 39th Annual Institutional Investor Conferences (finance.yahoo.com)
- J.B. Hunt Transport Services, Inc. (JBHT) Receives Consensus Rating of “Buy” from Analysts (americanbankingnews.com)
J.B. Hunt Transport Services (NASDAQ JBHT) traded up $1.67 during midday trading on Wednesday, reaching $120.00. 927,629 shares of the company’s stock traded hands, compared to its average volume of 1,165,163. The company has a quick ratio of 1.48, a current ratio of 1.52 and a debt-to-equity ratio of 0.59. The firm has a market cap of $13,010.00, a price-to-earnings ratio of 19.39, a price-to-earnings-growth ratio of 1.74 and a beta of 0.98. J.B. Hunt Transport Services has a 52 week low of $83.35 and a 52 week high of $126.49.
The business also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Friday, February 9th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 0.80%. This is a positive change from J.B. Hunt Transport Services’s previous quarterly dividend of $0.23. The ex-dividend date is Thursday, February 8th. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 15.51%.
Several research analysts recently commented on JBHT shares. Citigroup lifted their target price on shares of J.B. Hunt Transport Services to $120.00 and gave the stock a “hold” rating in a report on Wednesday, February 7th. BidaskClub downgraded shares of J.B. Hunt Transport Services from a “strong-buy” rating to a “buy” rating in a report on Wednesday, January 31st. Cowen reiterated a “market perform” rating and issued a $124.00 target price (down previously from $127.00) on shares of J.B. Hunt Transport Services in a report on Monday, January 29th. Credit Suisse Group lifted their target price on shares of J.B. Hunt Transport Services from $129.00 to $131.00 and gave the stock an “outperform” rating in a report on Tuesday, January 30th. Finally, UBS Group upgraded shares of J.B. Hunt Transport Services from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $115.00 to $126.00 in a report on Monday, October 23rd. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $118.89.
In other J.B. Hunt Transport Services news, SVP John Kuhlow sold 500 shares of the firm’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $112.55, for a total value of $56,275.00. Following the sale, the senior vice president now directly owns 3,499 shares in the company, valued at approximately $393,812.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Bradley W. Hicks sold 1,000 shares of the firm’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $110.33, for a total transaction of $110,330.00. Following the completion of the sale, the executive vice president now owns 16,690 shares in the company, valued at $1,841,407.70. The disclosure for this sale can be found here. Insiders sold a total of 22,844 shares of company stock worth $2,851,467 over the last 90 days. Company insiders own 4.30% of the company’s stock.
About J.B. Hunt Transport Services
J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.
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