Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) closed the day trading at $167.38 up 0.05% from the previous closing price of $167.30. In other words, the price has increased by $0.05 from its previous closing price. On the day, 1.01 million shares were traded. JBHT stock price reached its highest trading level at $168.82 during the session, while it also had its lowest trading level at $165.755.
Ratios:
For a better understanding of JBHT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 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 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 17273114624 and an Enterprise Value of 18567178240. As of this moment, J.B.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.54, and their Forward P/E ratio for the next fiscal year is 19.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 4.15. Its current Enterprise Value per Revenue stands at 1.48 whereas that against EBITDA is 11.207.
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 $160.07. The 50-Day Moving Average of the stock is -15.59%, while the 200-Day Moving Average is calculated to be -13.07%.
Shares Statistics:
Over the past 3-months, JBHT traded about 832.79K shares per day on average, while over the past 10 days, JBHT traded about 1269420 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 1711584000 were 2566688 with a Short Ratio of 3.08, 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
JBHT’s forward annual dividend rate is 1.69, up from 1.69 a year ago. The stock’s 5-year Average Dividend Yield is 0.84.
Earnings Estimates
Investors are keenly observing as J.B. Hunt Transport Services, I analysts analyze and rate the current performance of J.B. Hunt Transport Services, Inc. (JBHT) in the stock market.The consensus estimate for the next quarter is $90.36, with high estimates of $0.42 and low estimates of $0.00.
