Barclays reaffirmed their hold rating on shares of J.B. Hunt Transport Services (NASDAQ:JBHT) in a research note issued to investors on Wednesday. The brokerage currently has a $115.00 price target on the transportation company’s stock.

Several other analysts have also weighed in on JBHT. BidaskClub raised J.B. Hunt Transport Services from a sell rating to a hold rating in a research note on Thursday, August 17th. Stifel Nicolaus set a $91.00 price objective on J.B. Hunt Transport Services and gave the company a hold rating in a research note on Wednesday, August 23rd. Cowen reaffirmed a buy rating and issued a $102.00 price objective on shares of J.B. Hunt Transport Services in a research note on Friday, August 25th. Zacks Investment Research raised J.B. Hunt Transport Services from a hold rating to a buy rating and set a $115.00 price objective on the stock in a research note on Tuesday, September 19th. Finally, BMO Capital Markets reaffirmed a hold rating and issued a $95.00 price objective on shares of J.B. Hunt Transport Services in a research note on Wednesday, September 20th. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. J.B. Hunt Transport Services has an average rating of Buy and an average price target of $110.00.

Shares of J.B. Hunt Transport Services (JBHT) opened at $112.37 on Wednesday. The stock has a market capitalization of $12,225.26, a price-to-earnings ratio of 30.27, a PEG ratio of 2.28 and a beta of 1.06. J.B. Hunt Transport Services has a 1-year low of $83.35 and a 1-year high of $113.04. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.74.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its quarterly earnings data on Friday, October 13th. The transportation company reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.05). The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.82 billion. J.B. Hunt Transport Services had a net margin of 5.45% and a return on equity of 27.96%. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period last year, the business earned $0.97 earnings per share. research analysts anticipate that J.B. Hunt Transport Services will post 3.76 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Friday, November 3rd were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date of this dividend was Thursday, November 2nd. J.B. Hunt Transport Services’s payout ratio is 24.47%.

In other news, SVP John Kuhlow sold 500 shares of the firm’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $112.55, for a total transaction of $56,275.00. Following the completion of the transaction, the senior vice president now directly owns 3,499 shares in the company, valued at $393,812.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Bradley W. Hicks sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $110.33, for a total value of $110,330.00. Following the transaction, the executive vice president now owns 16,690 shares of the company’s stock, valued at $1,841,407.70. The disclosure for this sale can be found here. Insiders have sold 101,500 shares of company stock worth $11,095,605 over the last three months. Insiders own 4.30% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. D.A. Davidson & CO. raised its position in shares of J.B. Hunt Transport Services by 0.4% during the second quarter. D.A. Davidson & CO. now owns 2,733 shares of the transportation company’s stock worth $249,000 after acquiring an additional 12 shares during the last quarter. Alps Advisors Inc. raised its position in shares of J.B. Hunt Transport Services by 0.3% during the second quarter. Alps Advisors Inc. now owns 5,071 shares of the transportation company’s stock worth $463,000 after acquiring an additional 14 shares during the last quarter. Tudor Investment Corp ET AL raised its position in shares of J.B. Hunt Transport Services by 0.4% during the second quarter. Tudor Investment Corp ET AL now owns 5,849 shares of the transportation company’s stock worth $534,000 after acquiring an additional 22 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its position in shares of J.B. Hunt Transport Services by 3.3% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,339 shares of the transportation company’s stock worth $122,000 after acquiring an additional 43 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC raised its position in shares of J.B. Hunt Transport Services by 3.1% during the second quarter. Paradigm Asset Management Co. LLC now owns 1,650 shares of the transportation company’s stock worth $151,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 71.01% of the company’s stock.

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J.B. Hunt Transport Services Company Profile

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.

Analyst Recommendations for J.B. Hunt Transport Services (NASDAQ:JBHT)

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