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J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) closed the day trading at $162.16 up 0.09% from the previous closing price of $162.01. In other words, the price has increased by $0.09 from its previous closing price. On the day, 1.03 million shares were traded. JBHT stock price reached its highest trading level at $163.17 during the session, while it also had its lowest trading level at $160.845.
Ratios:
For a better understanding of JBHT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 260.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 140.81. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.33.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on April 17, 2024, Reiterated its Hold rating but revised its target price to $181 from $193 previously.
On April 01, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $215 to $200.
UBS Upgraded its Neutral to Buy on January 22, 2024, while the target price for the stock was maintained at $234.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 26 ’24 when ROBERTS JOHN N bought 6,200 shares for $161.06 per share. The transaction valued at 998,550 led to the insider holds 313,955 shares of the business.
Ottensmeyer Patrick J bought 5,000 shares of JBHT for $1,014,950 on Mar 04 ’24. The Director now owns 5,000 shares after completing the transaction at $202.99 per share. On Feb 26 ’24, another insider, Webb Brian, who serves as the EVP- Final Mile Services of the company, sold 900 shares for $208.54 each. As a result, the insider received 187,689 and left with 15,032 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 16734426112 and an Enterprise Value of 18427076608. As of this moment, J.B.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.71, and their Forward P/E ratio for the next fiscal year is 19.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 4.02. Its current Enterprise Value per Revenue stands at 1.469 whereas that against EBITDA is 11.133.
Stock Price History:
The Beta on a monthly basis for JBHT is 1.17, which has changed by -0.07495719 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, JBHT has reached a high of $219.51, while it has fallen to a 52-week low of $160.07. The 50-Day Moving Average of the stock is -16.07%, while the 200-Day Moving Average is calculated to be -15.59%.
Shares Statistics:
Over the past 3-months, JBHT traded about 844.67K shares per day on average, while over the past 10 days, JBHT traded about 1472720 shares per day. A total of 103.22M shares are outstanding, with a floating share count of 82.69M. Insiders hold about 19.95% of the company’s shares, while institutions hold 75.83% stake in the company. Shares short for JBHT as of 1713139200 were 2274984 with a Short Ratio of 2.69, compared to 1710460800 on 2001036. Therefore, it implies a Short% of Shares Outstanding of 2274984 and a Short% of Float of 2.75.
Dividends & Splits
JBHT’s forward annual dividend rate is 1.69, up from 1.69 a year ago. Against a Trailing Annual Dividend Yield of 0.010431455The 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 2024-02-08 with an ex-dividend date of 1715212800. Stock splits for the company last occurred on 2005-05-24 when the company split stock in a 2:1 ratio.
Earnings Estimates
The dynamic stock of J.B. Hunt Transport Services, Inc. (JBHT) is currently attracting attention from 19.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $1.52 for the current quarter, with a high estimate of $1.71 and a low estimate of $1.16, while EPS last year was $1.81. The consensus estimate for the next quarter is $1.74, with high estimates of $2.02 and low estimates of $1.61.
Analysts are recommending an EPS of between $7.2 and $6.1 for the fiscal current year, implying an average EPS of $6.43. EPS for the following year is $8.47, with 22.0 analysts recommending between $9.0 and $7.5.
Revenue Estimates
15 analysts predict $3.06B in revenue for the current quarter. It ranges from a high estimate of $3.12B to a low estimate of $2.95B. As of the current estimate, J.B. Hunt Transport Services, Inc.’s year-ago sales were $3.13BFor the next quarter, 15 analysts are estimating revenue of $3.2B. There is a high estimate of $3.32B for the next quarter, whereas the lowest estimate is $3.1B.
A total of 19 analysts have provided revenue estimates for JBHT’s current fiscal year. The highest revenue estimate was $13.18B, while the lowest revenue estimate was $12.28B, resulting in an average revenue estimate of $12.62B. In the same quarter a year ago, actual revenue was $12.83BBased on 19 analysts’ estimates, the company’s revenue will be $13.66B in the next fiscal year. The high estimate is $14.46B and the low estimate is $12.97B.
