The closing price of J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) was $203.33 for the day, down -1.44% from the previous closing price of $206.31. In other words, the price has decreased by -$2.98 from its previous closing price. On the day, 705213 shares were traded.
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Ratios:
Our analysis of JBHT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.38.
On January 19, 2024, TD Cowen reiterated its Market Perform rating and also lowered its target price recommendation from $178 to $199.
BMO Capital Markets Upgraded its Market Perform to Outperform on December 11, 2023, whereas the target price for the stock was revised from $200 to $220.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 26 when Webb Brian sold 900 shares for $208.54 per share. The transaction valued at 187,689 led to the insider holds 15,032 shares of the business.
HARPER ALFRED C sold 6,500 shares of JBHT for $1,382,603 on Feb 23. The Retired now owns 42,411 shares after completing the transaction at $212.71 per share. On Feb 23, another insider, Field Darren P., who serves as the EVP and President Intermodal of the company, sold 6,000 shares for $212.98 each. As a result, the insider received 1,277,894 and left with 14,295 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JBHT now has a Market Capitalization of 21.01B and an Enterprise Value of 22.53B. As of this moment, J.B.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.17, and their Forward P/E ratio for the next fiscal year is 21.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 5.11. Its current Enterprise Value per Revenue stands at 1.76 whereas that against EBITDA is 12.96.
Stock Price History:
Over the past 52 weeks, JBHT has reached a high of $219.51, while it has fallen to a 52-week low of $163.66. The 50-Day Moving Average of the stock is 203.24, while the 200-Day Moving Average is calculated to be 189.29.
Shares Statistics:
JBHT traded an average of 809.72K shares per day over the past three months and 930.49k shares per day over the past ten days. A total of 103.22M shares are outstanding, with a floating share count of 81.64M. Insiders hold about 20.96% of the company’s shares, while institutions hold 76.03% stake in the company. Shares short for JBHT as of Feb 15, 2024 were 1.95M with a Short Ratio of 2.41, compared to 2.15M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.89% and a Short% of Float of 2.36%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.68, JBHT has a forward annual dividend rate of 1.69. Against a Trailing Annual Dividend Yield of 0.81%, it implies a Forward Annual Dividend Yield of 0.85%. The stock’s 5-year Average Dividend Yield is 0.84. The current Payout Ratio is 24.09% for JBHT, which recently paid a dividend on Feb 23, 2024 with an ex-dividend date of Feb 08, 2024. Stock splits for the company last occurred on May 24, 2005 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 20 analysts. On average, analysts expect EPS of $1.62 for the current quarter, with a high estimate of $1.89 and a low estimate of $1.48, while EPS last year was $1.89. The consensus estimate for the next quarter is $1.89, with high estimates of $2.06 and low estimates of $1.76.
Analysts are recommending an EPS of between $8.43 and $7.25 for the fiscal current year, implying an average EPS of $7.82. EPS for the following year is $9.57, with 23 analysts recommending between $10.35 and $8.56.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 16 analysts. It ranges from a high estimate of $3.26B to a low estimate of $3.09B. As of the current estimate, J.B. Hunt Transport Services, Inc.’s year-ago sales were $3.23B, an estimated decrease of -1.80% from the year-ago figure. For the next quarter, 15 analysts are estimating revenue of $3.28B, an increase of 4.70% over than the figure of -$1.80% in the same quarter last year. There is a high estimate of $3.4B for the next quarter, whereas the lowest estimate is $3.13B.
A total of 20 analysts have provided revenue estimates for JBHT’s current fiscal year. The highest revenue estimate was $13.91B, while the lowest revenue estimate was $12.84B, resulting in an average revenue estimate of $13.44B. In the same quarter a year ago, actual revenue was $12.83B, up 4.70% from the average estimate. Based on 20 analysts’ estimates, the company’s revenue will be $14.56B in the next fiscal year. The high estimate is $15.18B and the low estimate is $13.74B. The average revenue growth estimate for next year is up 8.40% from the average revenue estimate for this year.
