Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) closed at $168.13 down -8.12% from its previous closing price of $182.99. In other words, the price has decreased by -$8.12 from its previous closing price. On the day, 3.72 million shares were traded. JBHT stock price reached its highest trading level at $172.67 during the session, while it also had its lowest trading level at $160.08.
Ratios:
For a deeper understanding of J.B. Hunt Transport Services, Inc.’s stock, let’s take a closer look at its various ratios. 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.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 04 ’24 when Ottensmeyer Patrick J bought 5,000 shares for $202.99 per share. The transaction valued at 1,014,950 led to the insider holds 5,000 shares of the business.
Webb Brian sold 900 shares of JBHT for $187,689 on Feb 26 ’24. The EVP- Final Mile Services now owns 15,032 shares after completing the transaction at $208.54 per share. On Feb 23 ’24, another insider, HARPER ALFRED C, who serves as the Retired of the company, sold 6,500 shares for $212.71 each. As a result, the insider received 1,382,603 and left with 42,411 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 17350512640 and an Enterprise Value of 18805831680. As of this moment, J.B.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.12, and their Forward P/E ratio for the next fiscal year is 19.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 4.23. Its current Enterprise Value per Revenue stands at 1.499 whereas that against EBITDA is 11.351.
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 $164.39. The 50-Day Moving Average of the stock is -16.33%, while the 200-Day Moving Average is calculated to be -12.77%.
Shares Statistics:
For the past three months, JBHT has traded an average of 799.68K shares per day and 1082750 over the past ten days. A total of 103.22M shares are outstanding, with a floating share count of 82.68M. Insiders hold about 19.96% of the company’s shares, while institutions hold 75.83% stake in the company. Shares short for JBHT as of 1711584000 were 2566688 with a Short Ratio of 3.21, compared to 1709164800 on 2145759. Therefore, it implies a Short% of Shares Outstanding of 2566688 and a Short% of Float of 3.1.
Dividends & Splits
According to the company, the forward annual dividend rate for JBHT is 1.69, from 1.26 in the trailing year. The stock’s 5-year Average Dividend Yield is 0.84.
Earnings Estimates
Currently, J.B. Hunt Transport Services, I analysts are dedicated to thoroughly evaluating and rating the performance of J.B. Hunt Transport Services, Inc. (JBHT) in the stock market.The consensus estimate for the next quarter is $90.18, with high estimates of $0.42 and low estimates of $0.00.
EPS for the following year is $Stocks, with Stocks analysts recommending between $Stocks and $Mutual Fund.
